Key Takeaways From June’s Sizzling CPI

Our previous posts discussed the upcoming economic, political, and social events that would have an impact on the week’s trading activities. In this article, we will be focusing on one event, in particular, U.S. CPI for June.  The US June CPI Index was released with Queen’s “Another one bites the dust” playing in the background […]

Gold Prices Oscillate Despite the Ease in U.S. Rate Hikes Uncertainty

Gold closed at an unexpected low in the middle east with investors rushing to buy. However as several waited for a new low in gold prices, the Asian market opened up Friday morning at gold rates stabilizing by 0.04% to $1,706.50 by 11:58 PM ET (0358 GMT). Additionally, dollar rates that have always been contrary […]

European Stocks Catch a Breath

European Market has been showing mixed sentiments with the war on Ukraine and energy supplies getting lower. Friday morning Euro stocks opened up comparatively higher with German DAX and French CAC 40 futures at 0.1% higher. Similarly, UK’s FTSE 100 futures contract traded at 0.2%. The insignificant increase in stock prices might not last since […]