Markets: Gold up $7 to $1992 US 10-year yields down 9.3 bps to 4.57% WTI crude oil down $1.64 to $80.83 S&P 500 up 1.0% NZD leads, USD lags This week marked a turn of the calendar and a turn in markets. Treasury yields plunged and the dollar sank along with them. Meanwhile, it was
NordFX brokerage company has summarized the trading performance of its clients for October 2023. Additionally, the social trading services and the profit earned by the company’s IB partners were evaluated. ● The past month proved highly fruitful for the company’s clients. The undisputed leader was a trader from Western Asia, account №1691XXX, with a
Markets: Gold up $21 to $2006 US 10-year yields down 1 bps to 4.83% WTI crude oil up $1.93 to $85.15 S&P 500 down 0.5% or 20 points to 4117 Nasdaq up 0.4% JPY leads, CHF lags The cross-currents were deep and violent on Friday. Let’s break them down: 1) The fog of war Early
Headlines: Markets: USD leads, NZD lags on the day European equities mixed; S&P 500 futures down 0.3% US 10-year yields up 1.9 bps to 4.859% Gold up 0.2% to $1,973.24 WTI crude flat at $83.69 Bitcoin up 1.0% to $34,253 It was a slower session today as traders didn’t have as much to work with
Share: Gold price is continuing to profit from the Middle East crisis. Economists at Commerzbank analyze the yellow metal’s outlook. Gold in demand as safe haven The news coming out of the Middle East is likely to continue to dictate the direction for Gold, whereas previously dominant factors such as changes in bond
China to hold its financial conference focused on economy, debt risks Goldman Sachs says FX outflows from China in September hit US$75 bln, biggest since 2016 Australian PM Albanese confirms he will meet with Communist Party Chair Xi in China in Nov Chinese police raided the Shanghai offices of a London-based firm, detained an executive
EUR/CAD may have found support from a short-term area of interest. Is the pair ready to extend its intraweek uptrend? Before moving on, ICYMI, yesterday’s watchlist checked out AUD/USD’s support zone ahead of mid-tier U.S. data releases and Powell’s speech. Be sure to check out if it’s still a good play! And now for the
Markets: WTI crude down 20-cents to $88.14 US 10-year yields down 7.6 bps to 4.91% Gold up $5 to $1978 S&P 500 down 56 points, or 13% GBP leads, NZD lags Equities took another beating but there were signs of optimism elsewhere. Buyers arrived in fixed income after a test of 10s early in US
Analysts at Barclays say the market response to the false news from Monday on the BTC ETF approval is guidance on what is to come once real approval has been granted: we continue to see limited P&L benefit to Coinbase (but) we view this (the response to the false news) as an early read-through to
On Friday markets were worried about the geopolitical risk in Israel. Gold surged Yields move lower on flight to safety Oil surged Stocks moved lower. USD moved higher Although tensions remain elevated in Israel, and bombings continue, there was not the ground and/or air assault expected. So there was a reversal of the trends. Gold
