Central Banks: The Bank of Israel holds its first interest rate review of 2026. Federal Reserve officials speaking publicly during the coming week will be Kashkari, Bowman, Barkin, and Paulson. Cipollone, Marderer, and Guindos of the European Central Bank also have speaking engagements. Event and Purchasing Manager Surveys: OPEC and non-OPEC ministerial meeting tomorrow. Over […]
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Gold prices surged past $2700/oz fueled by expectations of global rate cuts and escalating geopolitical tensions in the Middle East. The London Bullion Market Association’s bullish prediction of $2941/oz gold price in 12 months. Technically, gold is overbought, but the threat of an Israeli strike on Iran could limit downside risks. Most Read: S&P 500,…
The volatility is being fueled by a dramatic spike in energy prices, with Brent crude hitting $90 a barrel following disruptions in the Strait of Hormuz. As shipping halts and analysts warn that oil could reach $150 a barrel if Gulf exports are fully suspended, airline stocks have plummeted nearly 13% this week. Qatar’s recent…
Reviews (1139) TradGrip 5 из 5 12 252452 5 “Commitment to Compliance and Transparency” – Sofia R. Operating under the brand name of Zenith Markets PLC, TradGrip is licensed by the Mwali International Services Authority (MISA). This regulatory oversight underscores the company’s dedication to maintaining high compliance standards and fostering a transparent trading environment. Their…
JPMorgan takes profit on Chinese yuan rally Source link
EUR/USD gyrated lower last week but recovered ahead of 38.2% retracement of 1.0358 to 1.0953 at 1.0726 as expected. Initial bias stays neutral this week first. On the upside, break of 1.0857 minor resistance will suggest that correction from 1.0953 has completed already. Retest of 1.0953 should be seen first. Firm break there will resume…
The Japanese Yen depreciates, likely due to thin trading conditions stemming from the holiday on Monday. BoJ Governor Ueda stated that the central bank will continue to adjust the level of monetary easing as needed. The US Dollar receives support as Treasury yields improve. The Japanese Yen (JPY) extends its losses for the third consecutive…