The biggest geopolitical breakthrough of 2026 may have just given Gold the catalyst it needed. Gold opened the week with a bullish gap and surged back above 4,300 after Washington and Tehran announced a formal Memorandum of Understanding to end their months-long war. The agreement, brokered through intensive mediation by Pakistan and Qatar, includes: Ceasefire: […]
Investors are focused on the Bank of Japan’s policy meeting on 16 June. According to a Reuters survey published on 10 June, the majority of economists expect the benchmark interest rate to be raised to 1% — a level not seen for decades. The market is also reacting to the Producer Price Index (PPI) data […]
ECB President Christine Lagarde warned that elevated energy prices are no longer confined to fuel markets and are increasingly feeding into broader inflation across the Eurozone economy. Speaking to France Culture on Monday, Lagarde said the indirect effects of inflation have become visible “more or less everywhere” in recent weeks, highlighting growing concerns that the […]
Markets The US and Iran have reached a deal. The news was confirmed by all parties involved, a first. Rumours circulated since President Trump backtracked late Thursday on renewed attacks on Iran and instead announced the end of the war. He then added on Friday that an agreement was near, floating the possibility of signing […]
In Focus Today Today, the Swedish Labour Force Survey for May will be published. Public Employment Service data last week showed unchanged unemployment for the fifth straight month. Given the volatility in AKU unemployment, we avoid monthly forecasting. Statistics Sweden has also warned that non-response composition may have biased recent estimates, likely overstating unemployment in […]
Will the Fed Blink? Markets Enter High-Stakes Week of Global Rate Decisions Markets are entering a week where almost every major central bank is expected to stand still. Yet it could still become one of the most volatile policy weeks of the year. Decisions from the Federal Reserve, Bank of Japan, Reserve Bank of Australia, […]
Key Highlights EUR/USD started a recovery wave above the 1.1550 resistance. A major bearish trend line is forming with resistance at 1.1595 on the 4-hour chart. Bitcoin started a recovery wave above $64,000. Gold corrected some losses and traded above $4,300. EUR/USD Technical Analysis The Euro found support near 1.1500 against the US Dollar. EUR/USD […]
New Zealand’s services sector slipped deeper into contraction in May, with the BNZ-BusinessNZ Performance of Services Index falling from 48.7 to 47.5. The latest reading marked another month below the 50-point threshold that separates expansion from contraction, reinforcing signs that domestic demand remains subdued despite broader hopes of economic recovery. The weakness was led by […]
The impact of the previous week’s strong U.S. employment data did not continue for long. Markets started to focus on new events and the outlook ahead. The SpaceX IPO was the biggest IPO ever and became a major focus. Trading started on Friday, and the stock closed 19% higher. This helped reduce fears that such […]
Hello traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Dow Jones Futures published in members area of the website. As our members know, we have had many high-probability trading setups recently. YM_F is one of them.Dow Jones futures made a pullback that unfolded as an […]