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Markets The US yield curve finished last week with a little steepening. Net daily changes varied between -0.2 bps (2-yr) to +5.2 bps (30-yr), underpinned by second-tier data including decelerating and slightly below-consensus September PPIs. October consumer confidence (U. of Michigan) missed the bar as well. The headline index fell to 68.9 from 70.1 with […]

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Dollar Index With Strong Support at 101.80 -102

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Gold Might Take Another Bullish Shot

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07/02/2024

Oil (CL_F) Rally May Fail for More Downside

Short Term Elliott Wave view in Oil suggests that rally from 12.13.2023 low is unfolding as a double three Elliott Wave structure. Up from 12.13.2023 low, wave ((a)) ended at 76.18 and dips in wave ((b)) ended at 72.89. Wave ((c)) higher unfolded as a 5 waves where wave (i) ended at 75.75 and wave […]
05/11/2024

Silver (XAG/USD) Technical Outlook: Bullish Momentum Building?

Silver has outperformed gold year-to-date, driven by increasing demand. The fundamental picture for silver is positive, with demand expected to continue outpacing supply. Short-term volatility is possible due to the US election and Federal Reserve meeting. Technically, silver is at a key support level; a close above 32.60 could signal renewed upward momentum. Silver prices […]
20/08/2024

Jackson Hole Economic Symposium: Must-Watch Market Event

The Jackson Hole Economic Symposium is a significant event in the financial world, with a long history that dates back to 1982. It attracts central bankers, policymakers, academics, and journalists from around the globe. Held annually at Jackson Lake Lodge in Grand Teton National Park, Wyoming, the symposium is a crucial platform for discussing global […]