Later this week, the Bureau of Economic Analysis will publish its first estimate of the United States' Gross Domestic Product during the first quarter of 2024.

BlackRock’s Bitcoin ETF, IBIT, has achieved a notable milestone positioning itself among the top 10 exchange-traded funds with the longest streaks of daily inflows.

While the Fed is in its quiet period ahead of the May 1 conclusion of its next policy meeting, the volume of quarterly earnings reports rachets higher today and will continue to do so later this week.

The AUD/USD pair is experiencing upward momentum for the second consecutive day, reaching a one-week high near 0.6453 on Tuesday.

There is a bigger chance of intervention after Japan meets with the US and South Korea. The BoJ is ready to hike rates to support the yen. The yen’s decline is closely tied to the recent shift in the outlook for Fed rate cuts.

Despite spring market optimism, US Home sales in March posted their most significant decline in more than a year (-4.3% month-over-month–the most significant monthly decline since November 2022).

Investors are bracing for the latest set of Tesla earnings today with stockholders looking to see whether this will be the third consecutive quarter of weaker-than-forecast earnings or if the company was able to rebound over Q1. 

The US dollar was in consolidation mode on Monday, but it will be looking to extend its recent gains even though we have seen a rebound in equity markets at the start of this week.

For some time now there have been some significant risks growing for Tesla as we approach their latest earnings after the close on Tuesday.

UPS reported its first-quarter earnings for 2024, with consolidated revenues of $21.7 billion, a 5.3% decrease from the previous year, but adjusted diluted earnings per share at $1.43.

The current correction is becoming increasingly oversold, which suggests a bounce is likely toward the previous support of the 50-DMA.

Pfizer is engaged in the discovery, development, manufacture, marketing, sale, and distribution of biopharmaceutical products worldwide.

USDCAD’s recent price action indicates continued weakness.

Turkey, Iraq, Qatar, and the UAE signed a transportation agreement to connect the Persian Gulf to Europe.

The Fed's latest semi-annual report on financial risks contains a couple of important updates.

Gold prices are retreating sharply lower this week as traders react to a slight easing of tensions in the Middle East.

The March contraction in production seems weaker than the calendar effect would suggest, possibly reflecting weak exports and competition from cheap imports despite the recovery in domestic demand.

Silver has undergone an extension of its pullback phase since April 12th and is now poised within the critical Fibonacci reversal territory.

The YieldMax TSLA Option Income Strategy ETF has collapsed hard this year. It will be in the spotlight as Tesla is set to publish its financial results. Most analysts are highly pessimistic about the company’s performance.

On Tuesday, most Asian stock markets are experiencing gains, influenced by the positive performance of global markets and a reduction in concerns about a larger conflict in the Middle East.