Will All That Glitters Turn to Gold Against a Rusty Greenback?

Piece written by Alexa Smith, Trive Financial Market Analyst  The gold spot price (XAUUSD) has bounced due to a weaker USD. Cooling inflation in the US has prompted the likelihood…

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The Banking Behemoth, JPMorgan Chase & Co Posts Record Quarterly Profits

Piece written by Nkosilathi Dube, Trive Financial Market Analyst  JPMorgan Chase & Co  (ISIN: US46625H1005), the biggest bank in America, surpassed Wall Street earnings estimates resoundingly, setting a record quarterly…

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The EURUSD’s Upside Momentum Spills Over into the New Week

Piece written by Nkosilathi Dube, Trive Financial Market Analyst  According to data released on Friday, German wholesale prices dropped by 2.9% in June compared to the same month last year,…

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Steep Interest Rate Environment Boosts Wells Fargo & Co’s Topline

Piece written by Nkosilathi Dube, Trive Financial Market Analyst  On 14 July 2023, Wells Fargo & Co (ISIN: US9497461015) reported its second quarter 2023 earnings which beat Wall Street expectations,…

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S&P500 Futures Soar as U.S. Inflation Cools

After four consecutive days of gains, the S&P500 Futures (CME: ES) are attempting to close off a fifth day in positive territory. The index is approaching a second-quarter 2022 high…

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The Greenback Sinks to Lows Last Seen Over a Year Ago

After shattering the 1.10000 psychological level, the EURUSD currency pair has continued on its run higher, driven by the market’s growing appetite for risk assets. The pair is back in…

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