.png)
Inflation and rising yields are supporting the dollar and weighing on gold and equities, while Iran tensions keep oil volatile and AI earnings offer a counterweight.
Meta’s $145 billion AI spending plans have sharpened investor concerns that soaring investment costs may outpace cash generation, raising questions about the profitability and sustainability of the AI boom.
Oil rallies, the dollar and gold retreat, and Wall Street fights back as investors navigate inflation fears, Fed uncertainty and a crucial earnings season.
Oil surges, the dollar and gold hesitate, and Wall Street holds firm as geopolitical tensions and US inflation expectations shape the next market moves.
The stock remains on track for new records after earnings showed generational AI-driven demand for memory chips, but operational risks, fierce competition and macro-geopolitical uncertainty pose headwinds.
Nike revenues declined further with weakness expected to persist in the quarters ahead as turnaround efforts bear limited fruit, forcing management to announce an operational restructuring plan.
Markets are turning more selective as firm yields and dollar strength test risk appetite across assets.
The Reserve Bank of Australia delivered its fourth rate increase of the year and kept the door open to more tightening, as energy prices remain elevated and upside risks to inflation are materialising.
XAU/USD extends its decline as Fed rate hike bets mount after hawkish remarks while bond yields continue to rise, creating an unfavourable environment for non-yielding assets.
Markets balance geopolitical hopes and Fed tightening as oil and gold face pressure, the dollar strengthens and AI fuels equities.
USOIL slides for a sixth straight day on optimism for a diplomatic breakthrough, but macro-geopolitical risks linger.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.