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Financial markets have been eagerly awaiting the release of the preliminary US GDP data for most of the day, and the numbers did not disappoint!Upgrades to growth and inflation figures were announced, sparking risk-on flows and some…

The lack of major data has kept traders focused on overall risk sentiment and positions ahead of this week's expected data releases.Commodities such as gold and oil continued to decline, while the US dollar gained against most of its…

Base, a layer 2 blockchain built on the Ethereum Virtual Machine (EVM), has reached a significant milestone – surpassing 1 million daily active addresses. The cryptocurrency landscape has undergone a remarkable…

No data? No problem! With not much significant data scheduled to be released, traders turned to market themes yesterday and priced in their biases for the upcoming reports due later this week. How did you trade your favorite assets…

the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to…

Markets started the week on a quiet note as traders remained on the sidelines waiting for potential catalysts this week. But crude oil was an exception, crude oil prices went up and haven't looked back! Find out what market topics moved…

I am a public service vehicle driver living in Eldoret. I earn 1500 shillings daily, which is 39000 shillings monthly. I get paid daily. I have a wife and three children. Two of my children are in government primary school (grade 5 and…

Profit-taking was the name of the game on Thursday as major assets reversed their trends for the week ahead of Powell's keynote speech on Friday. Spot gold and the S&P 500 continued to trade lower near record highs, while U.S. bond…

Just when the US dollar seemed to be in recovery mode, it posted another day in the red thanks to two major catalysts. How did the rest of the markets perform? Here are the top economic headlines and updates you need to know: Headlines:…

Risk aversion has returned to the markets in recent trading sessions, sending stock indices lower again and pushing gold to test record highs. However, the US dollar failed to make safe-haven gains, as the greenback fell to its lowest…