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And so it came, S&P 500 was acting weak into NFPs (low figure, and forget not two serious prior months‘ revisions), and put up a good fight for only a while then. Trying to come back in spurts, the most predictably reacting markets were as I wrote, the dollar and yields. Gold (rather than silver

The US Dollar (USD) has seen a solid advance so far this week as trade deals, or at least their outlines, are reached and US/China trade talks resume. But as we approach the 'business' end of the week, with the FOMC decision tomorrow and jobs data Friday, dollar gains are moderating and may be stall

Overview: The US and EU struck a trade deal that is less onerous than threatened and reduces the uncertainty plaguing businesses and investors. In May, President Trump threatened a 50% tariff on most EU goods, and yesterday, agreed to 15% (including autos and pharma, but not metals). There seems to

The FTSE 100 continues to outshine most of its peers with its performance this week, says Chris Beauchamp, Chief Market Analyst at online trading platform IG. FTSE 100 clocks up another record Outside of the Nikkei, boosted by the US-Japan trade deal, the winner this week has been the FTSE 100. Inst

Dog Days of Summer are in full swing.It is a big earnings week – but next week will be too.Oil down, Gold up, Bonds Up, Yields down.Chrissy Waller continues to push for a rate cut.FOMC decision is now only one week away.Try the Southern Italian Bread Salad.Markets recap Friday’s session was classic

AUD/JPY advances to near 96.80 as uncertainty surrounding Japan’s elections has weighed on the Japanese Yen.Inflation in Japan grew at a moderate pace in June.Weak Australian employment data paves the way for interest rate cuts by the RBA. The AUD/JPY pair climbs to near 96.80 during the European tr

Aside from the very brief spike induced by Powell removal speculation yesterday, EUR/USD looks rather comfortable trading in the low 1.16s. That’s despite USD short-term swap rates trading some 4-5bp below yesterday’s peak, as risks of the new Fed Chair being an ultra-dove increased, ING's FX analys

Gold holds around $3,350 as markets await US CPI; inflation risks tied to tariffs in focus.The Fed's interest rate outlook hinges on the June CPI. Headline inflation is expected at 2.7% (YoY) with core CPI estimated at 3.0%.XAU/USD technical breakout is looming above $3,371, with support near $3,337

Once again, the Dow Jones Industrial Average finds itself at a critical juncture—caught between relentless political rhetoric and economic signals pulling in opposite directions. Tuesday’s session was no exception. The index, which recently came close to breaching the 45,000-point mark, slipped back

Hello everyone! In today’s article, we’ll examine the recent performance of SPDR Metals & Mining ETF ($XME) through the lens of Elliott Wave Theory. We’ll review how the reaction from the April 2025 blue box areas unfolded as an impulsive 5 waves and discuss what's next. Let’