– 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
Inflation
 Macro Inflation came in a shade warmer than expected. The July PCE price index rose 0.2% month-on-month after a 0.1% fall in June, above the 0.1% forecast, with services prices up 0.3% and goods 0.1% lower. Core PCE also rose 0.2%. Year-on-year the headline rate held at 7% (versus expectations for a dip to 3.6%) […]
Nick Spencer-Skeen, Senior Executive Officer, Lunaro Markets Limited Friday Closing Prices S&P 500 7,786 (-0.17%) Nasdaq 26,729 (-0.28%) Gold $4,377 (+0.59%) Brent Crude Oil $88.49 (+1.88%) In the Week Ahead, we spoke last week about how much market focus was on US Federal Reserve (Fed) monetary policy. Indeed, the dominant macro story did […]
Nick Spencer-Skeen, Senior Executive Officer, Lunaro Markets Limited Friday Closing Prices  S&P 500 7,412 (+0.05%) Nasdaq 24,976 (-0.64%) Gold $4,053 (+0.08%) Brent Crude Oil $98.38 (-2.29%)  Geopolitics was again the main driver for traders last week, not just from the escalating US-Iran conflict, but also from renewed tariff threats. When we add […]
Commodities Crude oil extended its rally, with WTI up 1.2% toward $85 a barrel, a fourth straight gain and its highest level since mid-June, while Brent traded back above $92. The move reflects the ongoing US-Iran conflict, now in its 11th day, a Houthi threat to Red Sea shipping, and production shut-ins as Tropical […]
Gold continues to search for direction following a sharp correction since January, with recent price action increasingly reflecting the market’s struggle to determine whether inflation or slowing economic growth, combined with a returning focus on fiscal debt concerns and currency debasement, will become the dominant macro theme during the second half of the year.
Bitcoin rebounded this week after softer-than-expected US inflation data lifted sentiment across financial markets, with investors now turning their attention to developments in Washington that could shape the future regulatory landscape for digital assets, according to Nagham Hassan, Market Analyst at eToro. “Bitcoin has recovered from Monday’s losses after
Renewed tensions between the US and Iran have pushed oil prices higher, bringing inflation risks back into focus for global investors, according to Lale Akoner, Global Market Strategist at eToro. While crude prices have risen amid concerns over slower traffic through the Strait of Hormuz, markets are not yet treating the situation as a full-scale […]
Global markets are responding to the breakdown of the US-Iran ceasefire with renewed caution, as investors weigh the implications of rising oil prices and their potential impact on inflation and central bank policy. Commenting on the latest market developments, Lale Akoner, Global Market Analyst at eToro, said:“Markets are reacting to the break in the US-Iran […]
The European Central Bank raised interest rates for the first time after three years. The deposit rate was lifted to 2.25% from 2%. The hike is the first policy response by a major central bank to the spike in oil prices triggered by the conflict in the Middle East. However, the President, Christine Lagarde, struck […]
Inflation is the market’s monthly reality check. It arrives with one number, causes many opinions, and usually leaves investors with more questions than comfort. Efficient, if not exactly charming. The United States Consumer Price Index (CPI), a broad measure of consumer prices, is due on 10 June 2026. Economists expect May inflation to rise again, […]
Gold’s correction deepened over the past week after stronger-than-expected US jobs data and renewed inflation concerns combined to push bullion below its 200-day moving average for the first time since October 2023. The move marks an important technical setback for a market that has spent much of the past four years in a powerful uptrend, […]
 Macro headlines US forces said they intercepted unprovoked Iranian attacks on three Navy destroyers as the vessels transited the Strait of Hormuz toward the Gulf of Oman. This is a further testing the fragile US-Iran ceasefire. Japan’s nominal cash earnings rose 2.7% year-on-year in March 2026, slowing from a revised 3.4% gain in February and […]
Global financial markets are closely watching the Federal Reserve’s upcoming policy decision, with expectations firmly pointing toward an unchanged interest rate stance. The meeting comes at a time when inflation pressures remain uneven, geopolitical tensions are intensifying, and US economic data continues to send mixed signals.Traders and analysts are largely aligned in
The precious metals market has spent the past several months undergoing a sharp reset. Following an explosive rally that took gold, and not least silver, to fresh record highs, both metals have since corrected – not because their long-term fundamentals have materially weakened, but because the macro backdrop has shifted abruptly in the wake of […]
J.P. Morgan Private Bank today released its 2026 Global Investment Outlook, Promise and Pressure, revealing investment insights and opportunities in a world transformed by AI, global fragmentation and inflation risks. “In 2025, uncertainty defined the market narrative. Today, three major themes set the agenda, reflecting a fundamental shift in how economies operate and
Bitcoin climbed 4% last week, reclaiming levels above $116,000, driven by softer US inflation data and continued signs of weakness in the labor market. The rebound has coincided with five consecutive days of inflows into spot bitcoin ETFs, totaling $2.32 billion, suggesting renewed institutional interest in cryptocurrency amid expectations of potentially lower interest
Major cryptocurrencies traded mixed on Thursday after US Federal Reserve Chair Jerome Powell warned of the risks of slowing growth and rising inflation due to potential tariffs. Bitcoin rose 0.7% to $84,612, while Ethereum gained 1.6% to $1,600. The global crypto market cap edged up 0.2% to $2.64 trillion. Among altcoins, XRP, Solana, Dogecoin, Cardano, […]
Commodities Gold set multiple new records, peaking above $3,055/oz on Mar 19, driven by inflation fears and geopolitical tensions. Copper surged above $5.20/lb on Mar 19, influenced by tariff-driven supply disruptions. Crude fluctuated, impacted by Middle East tensions and sanctions risks, trading near $70/bbl late week. Equities Digital Assets Bitcoin fluctuated around
Dubai’s real estate market continues to show resilience and strength, driven by sustained demand and the effects of inflation, and a market update issued today says the Emirate remains vibrant and attractive to a diverse range of property investors. The report delivers an optimistic outlook based on Dubai’s established reputation as a premier global

























