Market News

We continue to see a global trend of inflation moving lower.

Gold Makes Strongest Daily Rise in Months to New Record; US 10-Year Treasury Yield Hits 4-Month Low; Some US Equity Indices Make Record Highs

Gold Closes Near High and Continues to Tick Higher in Asian Session; US Treasury Yields Falling on Prospect of Trump Victory; US Equity Indices Make Record Highs

Political Boost from Assassination Attempt Seen Likely, Trump 65% Probable to Win; US Treasury Yields Fall on Prospect of Trump Victory.

US inflation for June declined to 3.3% year-on-year. This was lower than the forecast and the US Dollar has declined following the inflation data release.

US CPI Seen Falling From 3.3% to 3.1%; S&P 500, NASDAQ 100, Nikkei 225 Power to New All-Time Highs; UK GDP Stronger Than Expected.

RBNZ Holds Rates But Confident Inflation Under Control; S&P 500, NASDAQ 100, Nikkei 225 Trading at New All-Time Highs Wednesday; Fed Chair Powell Gives Neutral Testimony.

S&P 500, NASDAQ 100, Nikkei 225 Trading at New All-Time Highs Tuesday; Markets Await Fed Chair Powell Testimony; 77% Now Expect September Fed Cut.

Bullish Global Stocks Boost Japanese Market; Left Comes First, Far-Right Last, in French Parliamentary Election; S&P 500, NASDAQ 100 Hit New All-Time Highs Friday; Markets Await Fed Chair Powell Testimony

The Federal Reserve released late Wednesday the minutes of the June 11-12 Federal Open Market Committee (FOMC) meeting. At the June meeting, policymakers maintained rates at the target range of 5.25%-5.5% for a seventh straight time.

S&P 500, NASDAQ 100 Rise to All-Time Highs; Japanese Equity Indices Reach Record; US Drops Most in 3 Weeks; Markets See Strong Chance of Biden Withdrawal From Race

Stocks Rise After Powell Says Inflation Trending Down; Major Equity Indices See Record High Closing Prices; Markets Await FOMC Minutes

USD/JPY Makes Record Near ¥162; Euro Runs Out of Momentum, Although RN Majority Unlikely in France; Markets Await Eurozone CPI Estimate

Euro Rises as RN Underperforms Opinion Polls in French Election; USD/JPY Trading Near Record Above ¥161; Markets Await German Preliminary CPI Data

Yen Continues to Weaken, Bank of Japan Threats Seen Failing; USD/JPY Makes Historic Breakout Beyond ¥160; Markets Await US Final GDP Data