Interest futures extended gains on Friday while Treasury yields pulled back as efforts to resume talks between the US and Iran eased inflation concerns. However, there is still a high chance that tensions will escalate after the US midterm election. Moreover, after Wednesday’s FOMC policy meeting, it is clear that the Fed still has work Read More…
Introduction The Nikkei is bouncing out of support now in the consolidation range that its been stuck in since June. The high was made on the 22nd of June at 73,7 and since then the Japanese benchmark has been moving sideways. Lets take a closer look at the technicals and what they are telling us. Read More…
Oil prices pulled back on Thursday amid expectations that direct talks between the US and Iran would resume. However, prices had rallied in the previous session after reports that Trump had warned Gulf countries to prepare for an intense military campaign in the region in November. Prices soared on Wednesday as market participants worried about Read More…
Introduction The Russell 2000 has still been underperforming its big brothers, but there might be a reversal just on the horizon for the small caps. RTY dropped 12% from its peak made on the 17th of August and, after trading below the 200-day moving average for a few sessions, is now back above it, so Read More…
Gold recovered on Monday and Tuesday after a bearish week as traders applauded the resumption of indirect talks between the US and Iran. Oil prices fell, easing inflation worries and concerns about higher global borrowing costs. However, market participants turned cautious early Wednesday ahead of the FOMC policy meeting. Spot gold (Source: Bloomberg) Reports revealed Read More…
Reading time: 4 min Introduction Silver futures are trading near $52.86, testing the lower edge of the $53–$56 support zone after another leg lower. We could say that the price has already broken lower depending on how you draw the support zone. Silver has already dropped below the 2025 October low, and bulls who were Read More…
