TheCryptagon
Morgan Stanley Scraps December Rate-Cut Forecast After Strong U.S. Jobs Data
Morgan Stanley has withdrawn its call for a quarter-point Federal Reserve rate cut in December. The change came after September’s stronger-than-expected jobs report pointed...
Wall Street Slips as Tech Stocks Lose Momentum
Wall Street’s major indexes fell on Thursday as the initial optimism from Nvidia’s earnings faded. Investors became more cautious about high valuations across the...
U.S. Existing Home Sales Rise in October
U.S. existing home sales rose in October as buyers moved quickly to take advantage of lower mortgage rates. However, rising unemployment and high housing...
Dollar Strengthens as Strong U.S. Jobs Report Reduces Fed Rate-Cut Expectations
The U.S. dollar strengthened against most major currencies on Thursday. The move came after signs of faster U.S. job growth suggested the Federal Reserve...
U.S. Payrolls Smash Expectations, Sending the Dollar Higher
The latest Nonfarm Payrolls report shows a sharp rise in U.S. job creation, far exceeding market expectations. Employment in non-agricultural sectors increased by 119,000...
Natural Gas Storage Falls More Than Expected, Strengthening Bullish Price Outlook
The Energy Information Administration (EIA) has released its latest Natural Gas Storage report, showing a bigger-than-expected draw in underground inventories. Storage levels fell by...
UBS Says Silver Is Poised to Outperform Gold in Key Market...
UBS expects silver to show periods of strong outperformance against gold over the next year. The bank says this could happen as supply tightens,...
Gold Holds Steady After Payrolls Report as December Rate Cut Odds...
Gold prices held steady on Friday, pausing after two days of strong gains. The market remained uncertain as traders questioned whether the Federal Reserve...
Oil Rises on Inventory Drop as Equity Markets Rally
Oil prices inched higher on Thursday after dropping in the previous session. The market was supported by a larger-than-expected decline in U.S. crude inventories...
Nvidia Rejects AI Bubble Concerns as Blackwell Powers Strong Q3 Beat
Nvidia delivered strong guidance for the current quarter after reporting fiscal third-quarter results that exceeded Wall Street expectations. Demand for its newest Blackwell AI...
