VIX Fear Index Hits Lowest Level Since 2020 Amid Positive Economic Indicators
By Samir Al Khoury The VIX Fear and Volatility Index, which expresses investors’ expectations regarding the price movement in the stock market within a month, decreased by 12.45 points last Friday. This marks its lowest level since January 22, 2020, indicating stability and investor satisfaction in the American stock markets. Today, the VIX is hovering […]
Decoding Gold’s Surge and Key Drivers
By Samir Al Khoury It appears that the bullish trend for gold is set to continue in the upcoming phase, influenced by various factors. Among the most crucial are: The inverse relationship between the US dollar index, measuring the dollar’s performance against a basket of six major foreign currencies, and gold is pivotal. The US […]
Brent Oil Faces Downtrend as OPEC+ Considers Production Cuts
By Camilo Botia Brent Oil keeps trading lower and is set to close November with losses, trying to break below $80, while OPEC+ is expected to meet next Thursday to decide whether oil production will be reduced once more. Oil prices have lost significant momentum after peaking in September at around $95 per barrel, losing […]
Weekly Market Analysis
By Samir Al Khoury The most important events of the past week United States of America – The Fed’s minutes of the November meeting were issued, highlighting the most prominent points contained therein: The Fed is now in a position to proceed cautiously with regard to interest decisions. Any future decisions to raise interest rates […]
Canadian Dollar Gains Ground Amidst Inflation Moderation and Fed Meeting Impact
The Canadian dollar (CAD) has gained traction against its U.S. counterpart (USD) during the week, supported by a moderation in domestic inflation and investors’ assessment of the latest Federal Reserve meeting minutes. The loonie, as the CAD is informally known, advanced by 0.22% to 1.3694 per dollar at closing on Thursday. Its trading range spanned […]
Analysing Recent Trends in US Treasury Bond Yields and Economic Implications
By Samir Al Khoury After reaching their highest levels since 2007 at 5.25% on October 19, 2023, for the two-year Treasury bond yield, and 5.02% on October 23, 2023, for the ten-year Treasury bond yield, both have seen a decline, currently standing at 4.90% and 4.40%, respectively. However, there are several key considerations: Firstly, an […]
Nasdaq 100 Strives to Reach New Highs Amidst Tech Stock Momentum
By Samir Al Khoury The Nasdaq 100 index reached a recent high of 16,056 points just two days ago, marking its peak since January 5, 2022, only to retract and close at 15,933 points yesterday—hovering below the psychological threshold of 16,000 points. Despite three attempts this year to breach the 16,000-point mark, the index appears […]
Nvidia Shares Surge to Record Highs Ahead of Earnings Report
By Camilo Botia Nvidia’s stock reached an all-time high of $504 on Monday, setting the stage for its fiscal third-quarter earnings report scheduled for Tuesday. Nvidia’s stock has significantly influenced the S&P 500’s gains this year. The stock price has surged 245% in 2023, outperforming any other member of the index due to the […]
Weekly Market Analysis
By Samir Al Khoury The Most Important Events of the Past Week United States of America ·       The headline consumer price index declined, recording 3.2% on an annual basis, which is lower than expectations (3.3%) and the previous reading (3.7%). The core CPI, excluding food and energy, also declined, recording 4.0% on an annual basis, […]
Ethereum Navigates a Sideways Range Despite BlackRock’s Spot ETF Filing
By Camilo Botia The cryptocurrency landscape continues to generate buzz; this time, the spotlight falls on Ethereum, the second-largest cryptocurrency. On November 15, BlackRock, the world’s largest asset manager, made a notable move by applying with the U.S. Securities and Exchange Commission (SEC) to launch a spot Ethereum exchange-traded fund (ETF). This development has ignited […]
