Gold’s Weekly Update: The bullion seeks to claim new highs after pullback
Strong demand for the shiny metal continues to roll in, pushing its price into fresh record highs week after week as investors flee towards safety amidst ongoing geopolitical turmoil. In this report we outline yet again the bullish catalysts aiding the bullion north, we draft a rough outlook on what to expect and we conclude […]
CCP to announce its fourth plenum goals
In the Great Hall of the People, the Central Committee of the Chinese communist party has set in motion the most important, four-day, political meeting of the year, dubbed the plenum, discussing and unravelling how strategic policy decisions will steer the nation’s development in the next five years. A draft of the next five-year plan, […]
Anxiousness over credit weighs on Wall Street
All three major US stock market indices steadily shed their early premarket gains yesterday and closed the session in the reds after two US regional banks disclosed loan problems involving alleged fraud, bolstering fears of broader credit market stress. Losses continue to roll in during today’s premarket session, with market participants reacting swiftly, almost identically, […]
Oil Weekly Update: Oil futures drop to 5-month lows
Technical Analysis of Oil US-China trade tensions flare up, pressuring crude oil near the $58 per barrel area. Crude futures found temporary support near the $58.00 (S1) after the bears took the initiative and pressed the commodity definitively below the $61.50, then longstanding support level, as US-China tensions flared up. Given the definitive break below […]
TSMC earnings results boost AI optimism
Tech optimism continues to outweigh trade fears and the lack of economic news releases, strengthening the bullish momentum in US equity markets, driving the indices into new highs. The AI story has been central for the Nasdaq 100 this year and the fact that companies, directly involved in development and expansion of this emergent technological […]
ASML positioned to outperform
A global rush in AI investments yielded a record net bookings for the world’s most prominent chip equipment manufacturer in the third quarter of 2025, as the sprint towards AI superiority is well underway. Albeit missing its Revenue target by €224m, the company marginally surpassed its Earnings per Share target by almost 1%. The chipmaker […]
US Banking sector kickstarts the earnings season
After three consecutive weeks of an ongoing US government shutdown and the postponement of major economic news releases, traders are now turning their attention towards the official beginning of the last earnings season of 2025. Broad-based gains in US equity markets were primarily driven by robust earnings results, which aided all three major stock market […]
Gold’s Weekly Update: Gold’s price renews its bullish outlook
Since our last report gold’s bulls seemed to be hesitating on Thursday causing for a correction lower, yet renewed its bullish outlook the following day and during today’s Asian session reached All Time High levels. In the current report we are to have a look at the main issue of the past few days, namely […]
China’s diversified export market
China continues to push onwards, capturing more and more export market share, expanding its wide-reaching trade influence across the globe, despite the US trade-restraint countermeasures. Chinese exports rose to their highest level in over 6 months, expanding by an impressive 8.3% pace, toppling the 6% market expectation and almost doubling the 4.4% output of August […]
Silver’s monstrous rally to the top
The bullion is not the only precious metal that continues to shatter fresh record high after fresh record high from robust inflows from weary investors that seek safety, silver is as well. The precious metal that also has industrial properties, scaled for the first time in its trading history the $50 per ounce mark yesterday, […]
Oil Weekly Update: Gaza peace plan removes catalytic potency for crude
Technical Analysis of Oil I Chart – Crude futures in “equilibrium mode” as momentum thins out Crude futures are currently fluctuating near the $61.50 (S1) support base, a 4-month low, as bearish sentiment got countered by the return of the bulls, which contained the fall below the $60 mark. Given the lack of substantial fundamental […]
FOMC meeting minutes summary
US equity futures rallied in tandem after the latest FOMC minutes of the September meeting confirmed investors biases and outlooks for more rate reductions this year. Tech heavy Nasdaq finished the session 1% higher, the S&P500 clocked in a 0.7% gain, whereas the Dow Jones rose at softer 0.3% pace. Despite the government shutdown and […]
Gold’s $4000 p/oz historic milestone
The precious metal continues to power through ceilings and climb higher and higher as investors flee enmasse towards safety amid geopolitical, economic and policy uncertainties. The bullion has surpassed the $4000 per troy ounce historic level in today’s early trading hours and its year-to-date gain exceeded 50%. Political instability in France, leadership change in Japan, […]
AMD soars after Open AI deal
Advanced Micro Devices, a prominent US chipmaker, has announced a multiyear agreement with the ChatGPT-maker and the prodigal child of the AI race, Open AI, to supply 6 gigawatts (GW) of compute power, in an infrastructure project that could generate tens of billions of dollars and benefit tremendously the entire AI ecosystem. The strategic partnership […]
Gold’s Weekly Update: Gold bulls renew their dominance
Gold’s price continued to be on the rise since our last report, reaching new record high levels and leaving gold traders wondering when it will hit the ceiling. In today’s update we are to examine whether the negative correlation of the USD with gold’s price remains inactive and also have a look at the effect […]
Week Ahead Schedule
Since there are scarcity economic news releases during today’s session, we decided to outline the most important releases for this week: Tuesday: We kick off the week with the United States trade balance for August, EIA’s short term energy outlook report and Canada’s Ivey PMI for September. Wednesday: In the early hours of the Asian […]
Tesla deliveries beat estimates as EV tax credit expirations loom
The EV giant Tesla reported a record-breaking quarter in terms of deliveries, an event that sparked widespread optimism in the investment community, with analysts upwardly revising their targets on hopes of capacity expansion. The automaker delivered 497k vehicles in its third quarter, significantly exceeding Wall Street’s estimates of 454k units, amounting to a 7% increase […]
Oil Weekly Update: Oversupply concerns permeate energy markets
Technical Analysis of Oil Crude futures move closer to 4 month lows on oversupply pressures Crude futures are currently fluctuating near the $61.50 (S1) support base, approaching a 4-month low as bearish sentiment prevailed in the past week. Given the lack of substantial fundamental catalysts, we maintain our bias for the prolongment of the sideways […]
US plans stakes in Australian miners to counter China’s supply chains
The US administration is reportedly pondering to take equity stakes in Australia’s largest miners according to a report in efforts to minimize the influence of its most prominent rival, China, and remain competitive in the race for global superiority. Washington noted that the move aims to create alternative supply chains, after China, the top producer […]
EUR/USD: Likely to consolidate on the day – OCBC
Euro (EUR) traded subdued in absence of fresh catalyst. CPI picked up to 2.2% y/y but well within consensus. Pair was last at 1.1752 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.