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US stocks ignite: All-time highs breakout after shutdown fears fade [Video]
Bullish scenario from yesterday’s analysis has now materialized, with Dow, S&P 500, and Nasdaq blasting to fresh all-time highs.Momentum fueled by easing shutdown fears and strong investor appetite, as markets shift focus back to growth and Fed support.Breakouts confirm upside structure, with in
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Brent stalls below 200-DMA, downside risks mount – Société Générale
Brent remains capped below its 200-DMA near $70, with repeated failures to break higher raising the risk of another downward leg toward $65 and potentially $63–61, Société Générale's FX analysts note. Key resistance at $70 caps Brent rally "Brent has consistently struggled to surpass the 200-day mov
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Gold hits record high on US shutdown fears – Commerzbank
Gold surged to a new all-time high above USD 3,850 per troy ounce, fueled by safe-haven demand amid looming US government shutdown concerns and continued ETF inflows, particularly from North American investors, Commerzbank's commodity analyst Barbara Lambrecht notes. US shutdown fears drive safe-hav
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Where does Gold go next?
Gold is grabbing the headlines today because, after a stunning rally, the price has fallen $18 so far on Tuesday. Today’s decline comes after a tremendous rally this month, the gold price is higher by more than 10%, that compares to a 3.1% rally for the S&P 500, and a 5.2% gain for the Nasdaq 10
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GBP/USD: Likely to test 1.3465 – UOB Group
There is a chance for Pound Sterling (GBP) to test 1.3465; major resistance at 1.3525 is unlikely to come under threat. In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Major resistance at 1.3525 is unlikely t
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USD softer, Gold makes new record high – Scotiabank
The US Dollar (USD) is tracking lower overall against the major currencies as last week’s bid tone fades and traders look ahead to this week’s risk events, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. USD eases as markets fret over shutdown and NFP risks "US lawmakers are
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