Gold Outlook: Sideways Near $4,200 Ahead Of US ADP, Services PMI
Gold outlook remains constructive amid a dovish Fed and ongoing geopolitical risks.
Daily Market Outlook - Wednesday, Dec. 3
Asian markets saw limited action on Wednesday, mirroring the range trading witnessed on Wall Street, as investors exercised caution ahead of a wave of US economic reports.
Pound Sterling Extends UK Budget’s Relief Rally
The Pound Sterling rises against its major currency peers despite firm BoE dovish expectations.
Bitcoin Climbs Back Above $93,000
Bitcoin climbed back above $93,000, recovering confidently after its sharp drop below $84,000 earlier this month amid renewed risk demand.
FX Daily: Markets Firm Up The Hassett Trade
News overnight that the Trump administration had abruptly cancelled interviews with finalists for the Fed chair nomination has firmed up the view that Kevin Hassett will replace Jerome Powell next May.
Will China's Shanghai Index Reach Escape Velocity?
China's Shanghai Index is up against a 'rock and a hard place,' namely, a long-term downtrend line.
Bitcoin Reclaims $93k; Will It Surge To The $97k Resistance Level?
BTC is up 7% in the last 24 hours and is trading around $93,000.
Americans Are Now Sacrificing Necessities To Afford Christmas
Consumer products giant Procter & Gamble came out with an unusual warning about its core business, consumer products, meaning consumers.
Bitcoin’s Tentative Bounce Amid Fragile Sentiment
Bitcoin climbed about 2% on Wednesday to a two-week high near $93,900, a modest rebound after weeks of steep losses.
EUR/USD Holds Gains Amid Upbeat Eurozone Services Data
The Euro extends gains against the US Dollar and hits session highs at 1.1650.
EUR/USD Forecast: Struggles Holding Gains
EUR/USD continues to struggle near 1.16 amid fading rallies and uncertainty ahead of the FOMC, with technical resistance and fundamental divergence favoring a mildly bearish outlook.
Black Friday Sales Results
Based solely on Black Friday sales data, the holiday shopping season may be decent despite poor consumer sentiment.
Sensex Today Trades Lower; Titan & Shriram Finance Top Losers
Indian share markets are trading lower today, with the Sensex trading 164 points lower, and the Nifty is trading 66 points lower.
Intraday Analysis - Wednesday, Dec. 3
Silver took a step back from its recent rally as prices fell away from the recent record peak.
BTC/USD Forex Signal: Bullish Engulfing Points To More Bitcoin Gains
BTC/USD rebounds sharply above $92,000, forming a bullish engulfing pattern amid policy optimism and ETF demand, with a potential upside target of $96,000.
Statistical Aggregates Have Never Been Less Useful
GDP and CPI paint a rosy US outlook, but most Americans feel financially strained. Wealthy spending skews aggregates upward while layoffs, low sentiment, and stagnant incomes drive political and market shifts toward inflationary policies.
Is The Breakout In SoFi Stock Just Beginning?
Like Robinhood and Shopify, SoFi is increasingly expanding its financial services ecosystem, making it a worthy topic of whether this is just the beginning of what could be a far more extensive rally in SOFI.
Silver Hits Fresh Record High As Prices Up 100% In 2025; What’s Fueling The Surge
Tight supplies have been fuelling the massive surge in silver prices, which has seen the metal rise more than 10% since last Friday.
Carvana Stock: Jim Cramer Explains Why It’s ‘One Of His Favourites’ Heading Into 2026
Carvana is surging as Jim Cramer calls it a top pick for 2026, praising its frictionless used-car model and strong comeback. With only 3% market share and bullish analyst targets, CVNA is viewed as a major disruptor poised for further gains.
Rates Spark: Bunds Still Rich, Treasuries Ponderous
As EUR rates have tested higher, Euribor-based swaps have faced upward pressure, leaving 10y Bunds versus IRS rich in recent weeks. Bund spreads over ESTR OIS have stayed close to their March average.

