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Markets Core bonds marginally gained at the beginning of the new week. In super quiet trading (already starting in Asia as Japan and China kept their doors shut), US yields pared initial drops between 1.5 and 2.6 bps. German rates ease a little more, changes ranging between -0.6 and -2.4 bps. The European swap yield […]

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A Modest Sliver Lining for China and Hong Kong Stock Markets

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Gold – Falls Below $2,000 After Resilient Display This Year

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06/06/2024

Focus Turns to Europe and to ECB Today

Markets Make it five. Five consecutive days of rallying US Treasuries on the (consequences of) the same theme: fading growth momentum and what it might mean to the Fed. At the front end of the curve, we’ve seen the obvious swing back from a first cut in December to the Fed pulling the trigger already […]
09/01/2024

Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently displays an overall bearish momentum which is highlighted by the bearish channel. In this context, there is a potential scenario for price to make a bearish continuation towards the 1st support. The 1st support level at 102.07 is identified as a pullback support that aligns with the […]
17/05/2024

Elliott Wave Expects Silver (XAGUSD) Pullback to Find Support

Short Term Elliott Wave in Silver (XAGUSD) suggests the metal rallies in impulsive structure from 10.3.2023 low. Up from there, wave (1) ended at 25.91 and dip sin wave (2) ended at 21.94. The metal then extended higher in wave (3) towards 29.79. Pullback in wave (4) ended at 26.02 as the 1 hour chart […]