Introduction The Dow Jones continues to hold up well after the sharp recovery from the March lows, but momentum is beginning to slow as prices push back toward all-time highs. The rally in the Dow hasn’t been as strong as the S&P 500 and the Nasdaq, which are already 10% above the all-time high. What Read More…
Currency futures had another strong week as hopes for a peace deal between the US and Iran improved risk appetite. However, uncertainty returned this week after Trump rejected another Iranian proposal. This week’s focus will be on US inflation and retail sales figures. Hopes for an end to the Iran war surged on Tuesday after Read More…
Introduction Crude oil has started to cool off after the sharp rally that pushed prices back above $100. In the previous analysis, the focus was on whether buyers could reclaim control after the strong rebound from support. They did, at least temporarily, but the market is now running into the same problem that has capped Read More…
Interest futures ended Thursday down after another volatile week due to tensions in the Middle East. Market participants have had to grapple with sentiment shifting from a looming peace deal to an escalation. Meanwhile, there is caution ahead of the crucial US monthly employment report that will show the state of the labor market. On Read More…
Introduction Gold is starting to bounce again out of the support zone at $4,400. Profit-taking has been the narrative of the story since the end of January, after the huge rally we saw in the yellow metal. Now that we see price stabilizing, we can look at good ways to approach the market moving forward, Read More…
Oil prices plunged on Wednesday after reports that the US and Iran were nearing a deal to end the war. Meanwhile, market participants are eagerly awaiting the US nonfarm payrolls report to see the impact of higher oil prices on the labor market. Tensions in the Middle East have escalated since last week. On Monday, Read More…
