Equities barely moved on Monday as most market participants remained on the sidelines ahead of crucial events this week. Traders are looking forward to the Jackson Hole symposium to see the economic and policy outlooks. At the same time, major retailers are set to release their earnings reports. Monday was a slow day for US Read More…
Currency futures eased on Monday as the dollar gained ahead of a meeting between Trump and Ukraine’s Zelensky. The high-stake meeting has increased demand for the safe-haven dollar and hurt risk appetite. Meanwhile, market participants are looking forward to key events this week, including the Jackson Hole symposium. Last week, the dollar collapsed while currency Read More…
Technical Overview Trend & Structure The Russell 2000 futures have surged in the past two trading sessions, up 5% marking its best two days since the 5th of November 2025. This was on the back of a positive CPI report that showed inflation is in line with expectations. The price broke decisively above the 50-day Read More…
Oil prices held steady on Thursday as market participants looked forward to the meeting between Trump and Putin in Alaska. At the same time, a surge in Fed rate cut bets has boosted optimism about a stronger economy and robust oil demand. However, there is downward pressure from weak demand and prospects of increased oil Read More…
Gold prices rose on Thursday as the likelihood of a September Fed rate cut rose after downbeat US inflation figures. However, the move was subdued as risk appetite remained high after the US-China tariff extension. At the same time, progress in talks between Russia and Ukraine has lowered demand for safe-haven assets. Data on Tuesday Read More…
Market Snapshot Metric Value Current Price 3,402.8 Day’s Change +3.8 (+0.11%) 50-Day MA 3,373.0 200-Day MA 3,037.4 Key Resistance 3,430–3,450 (ATH zone) Key Support 3,345–3,350 (trendline & 50DMA confluence) Technical Overview Trend & Structure Gold remains in a long-term uptrend, holding above its ascending trendline from the March lows. The recent push to new all-time Read More…
