Traders Blog - Analysis, Strategies, News and more: Tag - Commodity Market
Wall Street opened mixed, with mixed economic data!
What about Gold?Before the cash market opens, the futures market was falling. Dow lost 0.5% in the cash market opening, SP500 was down by 0.3%, and Nasdaq traded 0.1% higher in the first minutes of the market opens. The mixed and negative stock...
US dollar Steady, waiting for Jackson Hole?
US 10-year treasury back above 1.187After RBA and ahead of BoE, investors may wait for more Hawkish signals and policies. Early Tuesday, the Australian central bank held the Interest rates. Despite the lockdowns and restrictions in some cities a...
Weekly Outlook, 2-6 August.
NFP, PMI data, and BOE are in focus! With the cooling-off of the earnings, now, eyes turn on economic data. The week ahead will cower hug data and numbers with employment data from the US, Canada, and News Zealand, while PMI numbers from t...
Weekly Outlook, 26 - 30 July
FOMC and Tech Giants Earnings! We are welcoming the new week, while last week, most stocks closed at their historical highs. And more interestingly, in the week ahead, we have both FED interest rate decisions and Tech Giants' earnings reports al...
Gold, and market confusions
Flat in the H4 chartMarkets are confusing between different market movers. Inflation fears, Delta variant spreading, and Stock markets are different market movers for Gold. The USD index, which usually moves on the opposite side with the Gold ch...