Recent content by HFM.

Date: 30th May 2024. Market News – Yields jump; Stocks under pressure. Economic Indicators & Central Banks: The FOMC’s high-for-longer stance, along with some increasing fears of a rate hike, continue to weigh on Treasuries. That’s taking a toll on Wall Street too with profit taking from...

Date: 29th May 2024. Market News – Stocks drop with bonds. Economic Indicators & Central Banks: The NASDAQ was the star as the markets, of it rallied 0.59% to close at 17,019.88 for a fresh record high. And it is its first time over the 17,000 level. A 7% pop from Nvidia supported. Fed...

Date: 28th May 2024. Market News – Stocks Mixed, USD Down ahead of crucial inflation data later this week. Economic Indicators & Central Banks: ECB officials continue to flag a June cut, but even ECB chief economist Lane, hardly one of the hawks, stressed that policy settings will likely...

Date: 27th May 2024. The New Zealand Dollar Tops All Currencies, Gold Lags Behind Silver! Silver and Gold increase in value during Monday’s Asian Session. Silver rises more than 2.00%, considerably more than Gold. Will Gold gain momentum during the US trading session? Citi Group advise the...

Date: 24th May 2024. Market News – Erosion in Fed rate cut odds; Stocks, Oil & Gold under pressure Economic Indicators & Central Banks: Nvidia bigger than entire stock market – Market cap now greater than Australia, South Korea and Russia. After the massive Nvidia beat, rallying over 9% on...

Date: 23rd May 2024. NVIDIA Surpasses Earnings Expectations, Fed Considers Another Rate Hike. FOMC Meeting Minutes confirms certain members believe the current monetary policy may not be “adequately restrictive”. The US stock market depreciated after the Meeting Minutes. However, investors...

Date: 22nd May 2024. UK Inflation Drop Boosts GBP, But Analysts See Correction Signals. The NASDAQ forms its 5th bullish wave resulting in the index trading 8% higher this month alone. Investors are waiting for NVIDIA’s earnings report. The market awaits the release of the latest FOMC...

Date: 21st May 2024. NASDAQ Soars with AI and Semiconductor Stocks Leading the Charge, While AUD Struggles. The NASDAQ witnesses a large surge in buy orders at the opening of the US trading session, adding 0.80%. The index has added 13.74% in 2024 up to now. AI & Semiconductor stocks are...

Date: 20th May 2024. Gold Reaches a New All-Time High: What’s Driving the Surge in Prices? Gold renews its all-time highs after surging 1.64% on Friday and a further 1.24% during this morning’s Asian session. The price of Gold has risen due to 3 factors; Iran’s helicopter crash killing at...

Date: 17th May 2024. Market News – Asian and European futures followed Wall Street lower. Economic Indicators & Central Banks: The Dow topped 40,000 for the first time ever, but was unable to close with that historic handle. Concurrently, the S&P tried for its 24th record high this year but...

Date: 16th May 2024. Market News – Stagflationary Risk for Japan; Bonds & Stocks Higher. Economic Indicators & Central Banks: Stocks and bonds gave a big sigh of relief after CPI and retail sales came in below expectations, supporting beliefs the FOMC will be able to cut rates by September...

Date: 15th May 2024. Market News – Treasuries rallied, NASDAQ at new high, DXY lower after PPI pop. Trading Leveraged Products is risky Economic Indicators & Central Banks: JGB yields slipped, as markets paused amid a recent bond sell-off, awaiting a crucial US inflation report expected to...

Date: 14th May 2024. Market News – May 14. Economic Indicators & Central Banks: Asian stocks and European futures kept to small ranges as focus turned to upcoming US inflation reports. JGB yields surged to their highest levels in over a decade amid growing speculation that the BOJ might...

Date: 13th May 2024. Market News – Stock markets traded mixed; Flat USD ahead of US CPI. Economic Indicators & Central Banks: Japanese government bond yields surged to multi years highs after the BOJ’s unexpected move to decrease the quantity of bonds it typically purchases during routine...

Date: 10th May 2024. The BoE To Cut Rates In September. US Employment Data Falters! The UK economy experiences its strongest growth since August 2023, with Monthly GDP increasing 0.4%, four times higher than expectations. The Bank of England saw 2 out of 9 members vote for an interest rate...