• October 10, 2023
  • Market News
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S&P 500 & Nasdaq Rebound from Key Support; How Much More Upside?

Despite the escalation in geopolitical tensions, US indices have rebounded from key support after an apparent dovish shift by Fed officials. However, rising US real yields/cost of borrowing pose constraints on the upside....
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  • October 10, 2023
  • Market News
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Gold Price Rallies as US Dollar Slips as Volatility Ticks Up. Higher XAU/USD?

The gold price leapt higher again overnight as the markets contemplate the ramifications of increasing conflict in the Middle East and a US Dollar under pressure. Will XAU/USD gain further?...
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  • October 10, 2023
  • Market News
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Crude Oil Price Surge in Focus After Hamas Attacked Israel, Retail Bets Remain Bullish

Crude oil prices gapped and finished Monday 4.35% higher after Hamas’s attack on Israel generated potential supply disruption woes. Retail bets remain net-long. What are key levels to watch?...
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  • October 10, 2023
  • Market News
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Dollar Index (DXY) Retreats Helping USD/JPY Tick Lower, 145.00 Incoming?

USD/JPY Continues to edge lower as last week’s bond buying spree from the BoJ appears to have run its course. Are we finally in for a retracement?...
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  • October 10, 2023
  • Market News
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OPEC Raises Demand Forecast as Middle East Tensions Boost WTI/Oil Prices, What Now?

Oil prices have risen on concerns of supply disruptions as tensions in the Middle East continue to roil markets. Is an Oil Embargo akin to 1973 a possibility?...
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  • October 9, 2023
  • Market News
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EUR/USD Price Forecast: Euro Slips on Both Local and External Factors

EUR/USD sold off on geopolitical tensions in Israel while German data reinforced the bleak outlook within the Euro area....
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  • October 9, 2023
  • Market News
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Gold (XAU/USD) Jumps on Safe Haven Bid as Middle East Conflict Intensifies

Gold is being pushed higher, boosted by a strong safe haven bid, after the surprise Hamas attack on Israel over the weekend....
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  • October 9, 2023
  • Market News
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FTSE 100, DAX 40 and S&P 500 Gap Lower on Middle East Conflict​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 as military conflict plagues Israel and the Gaza strip 50 years after the fourth Israel-Arab war....
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  • October 9, 2023
  • Market News
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GBP/USD Price Forecast: Souring Risk Sentiment Shackles Pound

The pound trades on the backfoot as safe haven demand sees the USD bid as tensions in the Middle East rise. UK GDP and US CPI inf focus later this week....
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  • October 9, 2023
  • Market News
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Crude Oil Reverses Recent Losses as Markets Recalibrate after Israeli Invasion

WTI crude oil ran higher today along with the US Dollar as markets contemplate the consequences of the hostilities toward Israel over the weekend. Will it drive WTI higher?...
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