U.S. stock index futures fell on Friday morning amid heightened tensions in the Middle East and a disappointing revenue forecast from Netflix. An Israeli attack on Iranian soil escalated concerns over regional stability. The CBOE Volatility Index climbed to its highest level in over five months as well as markets digested the news. Dow e-minis, Read More…
Year: 2024
Interest Futures Plunge as Middle East Tensions Propel Treasury Yields
Interest futures fell on Thursday as Treasury yields soared due to the rising tensions in the Middle East. Furthermore, economic data from the US and policymaker remarks pointed to a delay in Fed rate cuts. Investors were on the edge while waiting for Middle East war developments. The uncertainty in the market rose after Iran Read More…
Bitcoin Rocked by Geopolitical Tensions, Technicals Still Bullish
Bitcoin Falls Below $60,000 Following reports of an Israeli missile strike in Iran, global financial markets reacted strongly. Bitcoin fell by 5.5% in a matter of hours, dropping below $60,000. Ethereum, the second-largest cryptocurrency, also declined, falling below $3,000 to $2,895. As geopolitical risks increased, investors moved their funds into traditional safe-haven assets, such as Read More…
Oil Prices Drop 3% as Tensions Ease and US Supplies Surge
Oil prices fell by nearly 3% on Wednesday amid some calm in the Middle East and a significant increase in US crude inventories. Additionally, fading Fed rates cut expectations and signs of weak demand in China weighed heavily on prices. Traders have been on edge since Iran attacked Israel, with some fearing retaliation and an Read More…
Crude Oil Futures (CL) Plunge: Technical Analysis Amid Geopolitical Tensions
Crude Oil has been retreating despite the heightened geopolitical tensions between Israel and Iran in the Middle East. The fundamentals remain supportive, with a pickup in economic activity, although expectations for rate cuts continue to dwindle. The technical analysis will help us determine the next move for CL futures. Daily Timeframe On the daily chart, Read More…
Gold Prices Hold Firm as Middle East Concerns Offset Surge in Treasury Yields
Gold prices held steady on Tuesday as Middle East tensions overshadowed a surge in US Treasury yields. The growing tensions between Israel and Iran have increased safe-haven demand for the yellow metal. As a result, gold has rallied despite the recent drop in Fed rate cut expectations. Gold prices (Source: Bloomberg) Notably, gold prices hit Read More…
Equities Dip, Yields Climb as Geopolitical Concerns Rise
Equities ended down on Monday as Treasury yields rose due to geopolitical tensions and upbeat US data. However, they had rallied earlier in the session due to positive earnings reports from financial institutions. Tensions in the Middle East after Iran’s attack on Israel sent US yields up as investors scrambled for safety. There are worries Read More…
Gold bulls target $2,600 amid rising geopolitical tensions
Gold Prices Steady Amid US Dollar Strength and Geopolitical Tensions The gold price continues to rally above all-time highs as bulls take firm control. The gold strength comes despite a strong Dollar but what is driving this price action? On one side, Asian markets have been declining, influenced by the possibility that the FED is Read More…
S&P 500 Technical Outlook Amid Iran-Israel Tensions
The S&P 500 experienced a sell-off towards the end of last week’s trading session, largely due to concerns over imminent Iranian retaliation against Israel. However, over the weekend, Iran launched an operation against Israel, but most of the attacks were intercepted without any casualties. Following this, Iran concluded the operation, and the US informed Israel Read More…
Dollar Soars, Currency Futures Decline on Monetary Policy Divergence
Currency futures fell on Friday as the dollar soared due to divergence in monetary policies between the Fed and other major central banks. At the same time, geopolitical tensions led to an increase in safe-haven demand for the dollar. Bloomberg dollar gauge (Source: Bloomberg) The dollar closed last week with significant gains as investors slashed Read More…