A Reuters poll revealed that the Bank of Mexico, also known as Banxico, is expected to keep interest rates steady at 7% at the March 26 meeting amid concerns about the Middle East war. If Banxico keeps rates unchanged, it would be the second consecutive time the central bank has opted for a wait-and-see approach,…
EUR/USD manages to pick up some pace and rebounds from earlier lows, revisiting the 1.1560 region on Friday, giving back part of Thursday’s ECB-driven rally. Meanwhile, the US Dollar trades with marked gains, supported by a cautious tone across global markets and persistent geopolitical tensions. Source link
United States CFTC Gold NC Net Positions: $159.9K vs previous $163.1K Source link
Install Trading Terminal Pro Demo Download Demo version: Trading Terminal Pro MT5 Open the MetaTrader 5 platform, click on the File tab, then choice Open Data Folder, in the open window open the MQL5 folder. Copy the downloaded EA to the Experts folder. Then on the list of Expert Advisors, right click on the Expert Advisors tab…
Markets: Gold down $143 to $4502 US 10-year yields up 10 bps to 4.39% Silver down 6.7% Bitcoin down 0.8% WTI crude oil up $2.60 to $98.09 S&P 500 down 1.7% I’m not sure if we’re at maximum fear yet but we are close. There was nowhere to hide on Friday as the market increasingly…
The declines in the major indices were symmetrically worse going from the Dow, to the S&P to the Nasdaq. Rounding, the Dow fell -1.00%, the S&P fell -1.50%, and the Nasdaq fell by -2.00%. All three indices also closed below its 200 day MA this week. The Dow 200 day MA is at 46562. The…
Next Week’s Menu: March 21-27, 2026 March 20, 2026 Central Banks: Far fewer monetary policy reviews are scheduled next week than this one. Meetings in the coming period are planned in Mexico, South Africa, Norway, Hungary and Chile. The growing speculation today that 2026 will see a number of central banks switch direction and actually…
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
At a certain point, the Strait will open itself I think Israel will be ready to end the war when the US wants it to end I don’t want to do a ceasefire We can have dialogue but I don’t want to do a ceasefire On Hormuz: It would be nice if China and Japan…
Donald Trump has branded the UK and other Nato allies “cowards” but anger is growing among cabinet ministers that his war in Iran could jeopardise Britain’s fragile finances. Senior members of the government are in despair about the potential effects on the economy, with experts warning of higher energy prices and increased mortgage and borrowing…