FTSE 100, DAX 40 and S&P 500 Gap Lower on Middle East Conflict​​​

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts Download the Brand New Q4 Equity Outlook Recommended by IG Get Your Free Equities Forecast ​​​FTSE 100 weighed down by eruption of Middle East conflict ​​The FTSE 100, which on Friday reached its 55-day simple moving average (SMA)

OSMOSIS – HARD SL AND TP TRADING ROBOT – Trading Ideas – 9 October 2023

Osmosis is an advanced data driven automated trading robot which uses dynamic price differential algorithm and market volume to trade retracement on Gold (XAUUSD) . The price differential algorithm identifies various possible prices of execution, simultaneously pends and modifies orders until it gets the best possible price of execution. This makes the EA to use a

Dollar benefits from safe-haven status as Middle East rages By Investing.com

© Reuters. Investing.com – The safe-haven U.S. dollar gained in early European trade Monday as the escalation of the conflict in the Middle East hit risk sentiment, following on from last week’s strong payrolls report. At 03:00 ET (07:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded

Urging for caution due to evolution of prices

Share: European Central Bank (ECB) Vice President Luis de Guindos said on Monday that the macroeconomic environment is subject to “enormous uncertainty,” especially after the latest Israel-Gaza conflict, per Reuters. De Guindos said that he was expecting inflation to continue to decline in coming months but urged for caution, citing “evolution of oil prices,

S&P 500 Technical Analysis – Key resistance in sight

Last Friday, the NFP report massively beat forecasts with 336K jobs added against 170K expected. The unemployment rate remained unchanged at 3.8% and average hourly earnings were a touch lower. Overall, the market viewed it as a good release with the soft-landing narrative prevailing. Over the weekend, Hamas launched a big attack against Israel which

Crude Oil Reverses Recent Losses as Markets Recalibrate after Israeli Invasion

Crude Oil, WTI, Brent, US Dollar, Israel, USD, Gold – Talking Points Oil prices have leapt higher as markets re-appraise the Middle East The US Dollar resumed strengthening as perceived havens gain favour If geo-political conditions remain unstable, is that supportive of WTI? Recommended by Daniel McCarthy How to Trade Oil Crude oil prices jumped

Further gains on the cards

Share: CME Group’s flash data for gold futures markets noted open interest rose for the third session in a row on Friday, this time by more than 1K contracts. Volume followed suit and went up by nearly 64K contracts after two consecutive daily drops. Gold now retargets $1900 Friday’s marked rebound in gold

Risk stays on the defensive ahead of European trading

It’s been quite a while since geopolitics, or in this case an outright war, in the Middle East stole the spotlight in markets. But that is the case today as the world is honed in on the Hamas attacks on Israel on Saturday. That is seeing markets adopt a more risk-off approach today with the