Fed’s next rate move could be cut or hike

Fed’s next rate move could be cut or hike

Lorie Logan, President of the Federal Reserve (Fed) Bank of Dallas, spoke at the Bank of Dallas, claiming that the Fed should not have give guidance that implies easing right now. She also added that the next rate move could be a cut or a hike. Key takeaways: Fed should not give guidance implying easing […]

Gold rebounds on Middle East headlines but higher-for-longer rates cap gains

Gold rebounds on Middle East headlines but higher-for-longer rates cap gains

Gold (XAU/USD) pares intraday losses on Friday as traders react to fresh geopolitical headlines surrounding the ongoing war in the Middle East. At the time of writing, XAU/USD is trading around $4,655, rebounding from the one-month low of $4,510 reached earlier this week. Reports suggest Iran has submitted a new proposal through Pakistani mediators in […]

Twilio stock spikes as company reports highest revenue growth in three years

Twilio stock spikes as company reports highest revenue growth in three years

Twilio (TWLO) stock rose as much as 21% on Friday morning as the market digested the cloud communications platform’s first-quarter results, released afterhours on Thursday. Shares of TWLO hit a four-year high at $179.48 at market open on Friday as Wall Street analysts praised the company’s surprise 20% annual revenue growth in Q1. The wider […]