Gold performed its largest daily drop in several months yesterday after it had moved extensively higher during the previous week. Traders and investors may have chosen to book profits by closing their long positions after important fundamental and political developments took place in the previous days. These matters will be examined here in my daily […]
Category: analyses
Silver price decreases
Silver continue to correct downward, trading at $24.10 per ounce. Demand for the entire range of global commodity assets is declining, and gold and silver suffered most of all. The COVID-19 pandemic has had a significant impact on the global jewelry market. Jewelry sales in the main sales markets decreased: in China, the decline was […]
Daily Forex Market Outlook
EUR/USD EUR has shown a slight increase against USD during today’s Asian trading session, recovering from the correctional decline the day before, which began for the first time in 5 trading sessions. The emergence of the downtrend on Monday was facilitated by corrective sentiment and long-term profit-taking, while the risky EUR is still receiving additional […]
Review of daily political and economic data
We start this week with a handful of political and economic data in the spotlight, from all around the world. Due to the plethora of such matters and others I have chosen to detail in this article, I aim to divide it into subjects in order to include the most import information, from my […]
US elections, Pandemic and financial data to move the markets.
Votes for the US elections are still being counted in key swing states and the difference between the two candidates is razor-thin, as these lines are written. The US elections are expected to keep the markets moving in the coming week as well, as Trump intends to legally challenge the outcome. Across the Atlantic, the […]
Energy sector: Crude Oil regains lost ground
The topic that we didn’t have a chance to discuss on XM Live educational and trading session today. WTI’s price saw increased activity in the previous days, as it broke outside the usual range it had been moving within for the past months. This could be evidence that a significant change has been observed within […]
Equities Market: US Indexes push higher on elections enthusiasm
US major stock markets moved in green territory yesterday performing an impressive upward run, as investors make moves to take advantage of the ground lost in the previous week. More analytically, the S&P500 gained +1.78% and closed at 3,369.16, the DJ Industrial gained +2.06% closing the session at 27,480.03 and the Nasdaq100 surged by +1.76% […]
Gold market focused on US politics and economic developments
Gold moved higher in the most recent daily session but was unable to make a decisive move in either direction. Gold traders may be allowing space for crucial fundamental updates to unfold, while in the meantime keeping the precious metal’s movement somewhat subdued. In this report, we will be looking into the most important matters […]
Market comment and Overview for The Upcoming Week: October 26th to 30th
Central banks, GDP rates and inflation in the forefront With the US elections closing in, the political climate in the US becomes tenser and tenser. Next week, is the final week ahead of the elections and as we’ve discussed in the XM Live Session in the Basic room I expect volatility to be present once […]
Crude Oil Detailed Fundamental and Technical Analysis
Crude Oil’s price activity continued to be mild in the past days as the fundamentals surrounding the Oil market are currently capped. Through this report, we will investigate some of the most dominant subjects currently driving the Oil market. I get a lot of questions for the energy sector, Oil, particularly in XM Live educational […]