Why are Gold and Bitcoin Hitting New Records Together?

Summary The Bank of Japan (BoJ) sprung a mild surprise at today’s announcement, raising its policy rate to around 0.25%, from around 0% to 0.1% previously. The BoJ also said it would reduce the pace of its bond purchases to around ¥3T per month by early 2026. The BoJ’s accompanying comments leaned hawkish in tone, […]

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 […]

Short Term Elliott Wave in DAX suggests that the Index ended wave (4) pullback at 17626.54. From there, it rallies higher in wave (5) as a nesting impulse Elliott Wave structure. Up from wave (4), wave ((i)) ended at 18226.32 and dips in wave ((ii)) ended at 17795.96. The Index then nested higher within wave […]