Forex: The latest report showed a 53% jump in gross USD longs versus eight IMM futures to $17.5 billion – a 14-month high – up from a $19 billion short just before the Middle East conflict began, highlighting a sharp shift into the most liquid safe-haven asset. This buying
Dollar
Three forces are converging with unusual intensity across global markets: a US dollar holding firmly above 100, crude oil hovering near the $100 mark, and persistent disruption in the Strait of Hormuz. Together, these dynamics are no longer confined to energy markets and are feeding into global supply chains, inflation expectations, and central bank policy […]
Forex: The Middle East conflict continued to underpin the dollar, albeit at a slower pace in the latest reporting week to last Tuesday, 24 March. While positioning flows turned more mixed and less one-sided, the gross dollar long versus eight IMM futures still rose to USD 7.53 billion, the highest level since early December. […]
U.S. Markets In yesterday’s session, the S&P 500 and Nasdaq indices increased by nearly 1%, driven by optimism ahead of Nvidia’s earnings, which make up 8% of the S&P 500. The rise was mainly fueled by the technology sector. NVIDIA’s earnings, which serve as a benchmark of the AI trade, were reported yesterday. Their fourth-quarter […]
U.S. Markets The S&P 500 and Nasdaq fell by almost 1% in yesterday’s session as concerns about the impact of AI hit financial and software companies. A research by Citrini laid out the potential risks AI could pose for the global economy and disrupt payment, delivery, and software companies. This triggered a sector-wide pullback in […]
US Markets U.S. equities rebounded on Friday, clawing back much of the losses earlier in the week. The S&P 500 rose 1.97%, the Nasdaq gained 2.15%, and the Russell 2000 jumped 3.6% after a violent midweek selloff. Though, for the first week of February, SPX was down 0.1%, Nasdaq declined 1.87%. Russell 2000 was up […]
US Markets The SPX index slipped 1.2% yesterday amid tech, AI, and broader selling that hit markets. This marked the third consecutive day of decline for the index. The indications are clear that AI spending will be rewarded by the markets only if its monetisation pipeline has started bearing fruits, beats expectations and generates strong […]
US Markets The SPX index logged a 0.6% gain yesterday and is trading around 0.21% higher at $6,990 in today’s session. This upside was underpinned by surprisingly strong readings from the ISM Manufacturing PMI, which printed 52.6 in January 2026, up from 47.9 in December, and well above forecasts of 48.5. It represented a strong […]
U.S. Markets The SPX index closed last week higher by 0.34% and is trading around $6,858 in today’s session. This week will be defined by key earnings, especially tech heavyweights Alphabet and Amazon. Focus will be on forward earnings and capex guidance. Pharmaceutical companies Pfizer, Novo Nordisk and Eli Lily will also report earnings this […]
U.S. Markets The S&P 500 closed Thursday unchanged, while the Nasdaq ended lower by 0.54%, with markets showing a cautious tone ahead of Friday’s jobs report. The NFP report is expected to confirm that the employment situation is one of no-hire, no-fire, with moderate job growth of 66,000 jobs versus last month’s 64,000. Markets are […]
U.S. Markets US markets extended gains today, with the S&P 500 and Nasdaq 100 up 0.22% and 0.43%, respectively. On Monday, indices moved higher, with the S&P 500 and Nasdaq 100 gaining 0.63% and 0.43%, respectively, driven by optimism about geopolitical events and fresh investment stories that lifted risk appetite. Looking beneath the geopolitical headlines, […]
U.S. Markets The SPX fell by 0.4% yesterday for the third consecutive session. The muted movement reflects the market waiting for key economic data this week to gauge the health of the economy. Yesterday, we saw release of economic data. The economy saw 105,000 jobs being shed in October and unemployment rate rose to 4.6% […]
US Markets The SPX ended yesterday’s trading session down 0.16% at $6,818.87, as weakness in major tech stocks weighed on the index. SPX is trading lower by 0.60% in early Asian hours today. A fall in Broadcom and other AI-related stocks dragged the Nasdaq 100 lower by 0.46% yesterday. The Dow Jones Index fell -41 […]
US Markets The S&P 500 held its upward momentum yesterday and is pushing higher this morning, trading around $6,875 in Asian hours, firmly above the key $6,850 level and signaling growing strength ahead of next week’s FOMC. Equities continue to trade near record highs amid an increasingly healthy market rotation, a constructive sign for the […]
US Markets The Senate’s procedural vote to resolve the record-breaking government shutdown has injected strong bullish energy into equity markets, reigniting risk appetite among investors. S&P 500 jumped 0.6% and Nasdaq 100 surged 1%, signalling broad optimism that political uncertainty and its economic drag are fading quickly. Historically, shutdown resolutions have
Generally strong economic data last week lead markets to start pricing out some Fed cuts. Spending remains healthy and consistent with decent growth, in spite of the slowing labor market. With little sign of economic acceleration across the Atlantic the resulting rise in US rates was enough to push the dollar higher against all major […]
It seems that markets had been prime for an even more dovish outcome, and the single vote among committee members for a jumbo 50bo cut did not satisfy them. Stocks rallied again, however. The dollar rebounded and the trading range that has been in place since early summer seems to remain firmly in place for […]
Crude oil slipped 0.84% last week, reflecting ongoing softness and suggesting that bearish momentum could persist. The Alaska summit underscored softer supply risks, as Washington avoided imposing tariffs on Chinese oil imports despite ongoing Russian purchases, signaling a reluctance on the part of the Trump administration to trigger moves that could push global crude
Oil Rallies on Tariff Threats, Gold Slips as Dollar Gains Strength : Comments from Century Financial
Crude Oil prices rallied to a weekly high on Monday, with WTI up 2.79% and Brent up 2.89% by close. This was driven as investors digested President Trump’s threat towards Russia. He stated that Russia would be given a new deadline of 10 to 12 days to make progress towards ending the war with Ukraine, […]
COT Report: Dollar-selling persists; Crude length trimmed ahead of OPEC output hike – Saxo Bank MENA
Forex: COT on forex covering the week to 29 April showed that, despite some emerging USD strength, the dollar-selling theme remained intact, with speculators lifting the gross USD short versus eight IMM futures to an eight-month high of USD 17.1 billion. While selling was broad, the main driver was renewed EURUSD buying, which increased the […]














