US Markets US equity markets rose to fresh record highs on Tuesday, with the SPX up 0.63%, breaching the $7,800 mark and the NDX up 0.54% by the close. Wednesday’s Asian session is seeing a slight pullback in both indices, with SPX trading near $7830, down 0.08% and NDX trading near $31,215,
Dollar
U.S Markets US equities continue to show a constructive setup, with the Nasdaq reaching a fresh intraday high of 30,876 before closing at 30,560, up 0.20%. At the time of writing, the index is currently trading 0.24% higher at 30,634, while the S&P 500 is up 0.33% at 7,690. A key macro tailwind is the […]
Gold & Silver Gold prices rose 0.84% on Friday, closing the first week in the green after three straight weekly declines. Silver was up 1.58% by Friday’s close, ending the week with a 2.72% rise. Both metals were about 0.60% weaker during Monday’s Asian session. Precious metals remain in a tight range, with gold caught […]
– Ole Hansen, Head of Commodity Strategy, Saxo Bank Gold traders – and the algorithmic programmes that account for a significant share of day-to-day activity – are currently struggling to determine which of several competing themes will ultimately set the tone, overall keeping prices rangebound around USD 4,400. As the charts below illustrate, the […]
US Markets US equity markets climbed higher on Wednesday, suggesting a shift in the short-term trend to the upside, with the SPX index up 0.24% and the NDX index up 0.50%. The SPX opened with a gap up and is trading about 0.15% higher, while the NDX is up about 0.37%. Broader equity markets ran […]
US Dollar Index DXY extends its slide Wednesday, down ~0.2% near 99.40, as Treasury yields ease from Tuesday’s selloff highs. Drivers: 10-year yield near 4.70%, 30-year back to ~5.27% off its near 20-year peak. Markets price 67% odds of unchanged Fed rates in September; eyes on today’s FOMC minutes (2 p.m. ET). Softer labour/inflation data […]
Yen rebound hits dollar longs The latest reporting week to 4 August, covers a period in which the dollar’s recent advance came to an abrupt halt after late-July intervention by the BOJ and Fed helped support the Japanese yen. By the end of the reporting week last Tuesday, the dollar index had fallen 1.5%, while […]
US Markets US equity indices were mixed yesterday following a temporary cooldown in the AI rally. SPX was down 0.2%, closing around $7,730. In today’s session, SPX appears to be trading marginally higher around $7,740. The outlook for today is moderately bullish. Healthcare stocks performed well yesterday as Eli Lilly reported strong results. Surging demand […]
Conventional market wisdom suggests that heightened geopolitical uncertainty should lift precious metals. Yet the opposite has unfolded. Despite renewed global tensions, both gold and silver remain under sustained bearish pressure, with gold trading around 29% below its yearly high and silver down by nearly 50%. The disconnect reflects the dominance of macroeconomic
Gold and silver continue to trade on the defensive, pressured by a stronger dollar, technical selling, and further signs that investors are heading for the exit or reducing exposure. On a total return basis, gold is now down 8.4% year-to-date, although still up 18.5% over the past 12 months. Silver has suffered a much deeper […]
Gold & Silver Gold is down about 0.34% in the day, and is currently trading at $4,204. From a fundamental standpoint, gold rebounded from the day’s lows after the US and Iran made “encouraging progress” in talks on a peace deal and will continue technical-level discussions this week, according to mediators Qatar and Pakistan. The […]
U.S. Markets U.S. stock futures are trading lower today due to growing uncertainty surrounding U.S.-Iran negotiations. At the time of writing, S&P 500 futures are down around 0.5%, while Nasdaq futures are lower by nearly 0.68%. Risk sentiment deteriorated after reports confirmed that planned U.S.-Iran talks in Switzerland have been postponed. The delay has raised […]
US Markets US equity markets witnessed yet another day of weakness with the SPX index falling 1.65% and the NDX index dipping 2.29% by closing on Wednesday. The Asian session on Thursday is seeing some support for both indices, with the SPX trading 0.57% higher and the NDX trading 0.98% higher. With this, the indices […]
U.S. Markets U.S. stock futures traded lower on Friday as investors awaited the release of the May Nonfarm Payrolls report for fresh insight into labor market conditions and the likely path of Federal Reserve policy. At the time of writing, the S&P 500 is down 0.41%, while the Nasdaq 100 is lower by 0.83%. Last […]
Commodities In the latest COT reporting week to 26 May, growing confidence in a potential US-Iran peace deal helped drive the Bloomberg Commodity Index 4% lower, with only six of the 25 major commodity futures tracked in this report posting gains. At the sector level, energy slumped more than 9%, while agriculture fell 3.5%, […]
U.S. Markets The S&P 500 ended Tuesday’s trading session 0.65% lower and marks its third day in the red as bond yields still remain elevated. On Tuesday, the 30-year U.S. Treasury yield topped 5.19%, marking its highest level in nearly 19 years. The 10-year Treasury yield at one point hit 4.687% to reach its highest […]
U.S. Markets US equity markets closed higher on Friday with a 0.91% gain for the SPX index and a 2.45% gain for the NDX index. The SPX index has risen 2.42%, while the NDX index rose 5.64% during the last week. Markets were trading slightly lower during the Asian session on Monday, with both indices down about 0.10%. US […]
U.S. Dollar The U.S. Dollar Index is trading near 98.07, down 0.42%, in early Asian hours, edging lower as oil prices retreat amid easing tensions in the Middle East, reducing safe-haven demand for the greenback. Sentiment improved after President Trump announced a temporary pause in U.S. escort operations through the Strait of Hormuz, citing progress […]
US Dollar Index The U.S. Dollar Index (DXY) closed Thursday’s session around 0.89% weaker, closing near the 98 level. Friday’s early session initially saw some support, but momentum turned bearish with the index falling further by 0.16%. The dollar’s weakness saw the EUR/USD pair jump up 0.47%, while a major catalyst turned the USD/JPY pair 2.40% lower. On the […]
U.S. Markets Today, US indices are trading flat, with SPX holding above $7,150 and NDX just above $27,303. Iran submitted a new ceasefire proposal via Pakistani mediators, offering to reopen the Strait of Hormuz while deferring nuclear talks until the US lifts its blockade. The whipsaw mirrors Friday’s pattern — geopolitics is now the dominant […]













