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.
US: The third government shutdown under President Trump – UOB Group
The US government began shutting down on 1 Oct 2025 after US congressional leaders failed to agree to a short-term funding bill beyond the 30 Sep US fiscal year-end due to disagreement on healthcare subsidies and other policy demands.
WTI Oil remains capped below $62.00 on oversupply fears, US shutdown
The US Benchmark West Texas Intermediate is trading at $61.80 per barrel at the time of writing.
NZD/USD Price Forecast: Rises to near 0.5850 after breaking above nine-day EMA
NZD/USD extends its gains for the third successive session, trading around 0.5840 during the European hours on Thursday. The daily chart’s technical analysis shows that short-term price momentum has strengthened as the pair trades above the nine-day Exponential Moving Average (EMA).
Earnings turnaround story lifts Nike higher
The sports apparel giant, Nike, just did it with its latest earnings call and outperformed Wall Street analysts’ forecasts, possibly signalling the return of the world-renowned sports brand, back to its former glory days. Shares rose by over 4% in the aftermarket hours signalling investors’ optimisms, as Nike toppled both the EPS and Revenue targets […]
The plan to end the war in Gaza
Headlines for the 20-point peace plan for the war in Gaza flooded market feeds earlier today, after President Trump met with Binyamin Netanyahu, the PM of Israel, and discussed the future of Palestine, after almost two years of extensive bloodshed. The first stage of the plan entails, the release of all, 48, Israeli hostages that […]