All Eyes on the ECB

WTI oil edged lower in early Monday, following calmer tones regarding possible end of Israeli strikes on southern Gaza, which eased fears about supply disruptions from the Middle East. Fresh easing started to develop a reversal pattern on daily chart after the recent four-day recovery rally was capped by 200DMA / daily cloud top ($77.45) […]

Gold is lower today, but close to recent highs Geopolitics and dollar underperformance support gold Momentum indicators are tentatively bullish Gold is trading lower again today, recording its third consecutive red candle, but remaining a tad below its recent all-time high. It is currently testing the upper boundary of the rectangle that has been defining […]

Markets US trading hours were only a little more entertaining than dull European ones yesterday. Minneapolis Fed Kashkari (non-voter this year) gave us some flavor on how a slightly more hawkish shift at last week’s policy meeting could have looked like. His guidance sounded familiar: “the most likely scenario is we sit here for an […]