Sat: Chinese Trade Mon: Chinese Inflation (Apr), Norwegian Inflation (Apr) Tue: BoJ SOO (Apr), IEA STEO (May), EU Informal Meeting of Energy Ministers (May 12-13), Japanese Household Spending (Mar), German HICP Final (Apr), Italian Industrial Production (Mar), German ZEW (May), US Inflation (Apr) Wed: BoC Minutes (Apr), EIA OMR (May), OPEC MOMR (May), Riksbank Minutes […]
Last updated: May 9, 2026 Market bias: Mildly bullish repair, not confirmed bullish expansion Bitcoin is trading with a constructive short-term bias after buyers defended the repaired value area near 80,000. The current BTC price forecast improves while price holds above 79,000-79,500, but a stronger bullish signal still requires acceptance above the 82,500-82,800 resistance zone.
Markets spent last week aggressively chasing the AI-driven equity rally while largely ignoring geopolitical tensions in the Middle East. Despite renewed uncertainty over a promised peace deal, stocks surged to new records while Dollar weakened broadly on strong risk appetite. S&P 500 followed NASDAQ to fresh records, while Asia’s major technology-heavy benchmarks exploded higher as
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Markets: WTI crude oil down 7 cents to $94.76 US 10-year yields down 3.2 bps to 4.36% Gold up $30 to $4716 S&P 500 up 0.8% GBP leads, USD lags The tech optimism is at a fever pitch as the Nasdaq climbed for the sixth straight week, adding 30% in that time and another 5%
As we look toward the week starting May 10, the focus remains on geopolitical nut markets, which are also debating whether central banks will follow the market’s hawkish lead or if a reality check is overdue. This makes for interesting viewing and will likely lead to significant market movement. US: The Fed’s Final Changing of
The WSJ is out with the latest leak on US-Iran negotiations: Talks could resume as early as next week Iran remains against transferring nuclear material Iran and the US working with mediators to formulate a 14-point MOU that would set the parameters for a month of talks to end the war The US would ‘wind
Sulfuric acid problems increase supply-side risk The rise in copper prices is being driven not only by strong demand prospects, but also by concerns over the availability of raw materials needed for its processing. Particular market attention is focused on sulfuric acid, which is used in the copper refining process. The conflict in the Middle
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ECBs Nagel; Will do whatever is needed to contain energy price jumps ECB is highly alert to increasing inflation risks. ECB will do whatever necessary to curb energy price surge. This article was written by Greg Michalowski at investinglive.com. Source link
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
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The US jobs report gave stock markets exactly what they wanted — proof the economy is still holding up without reigniting fears of runaway inflation. Stocks liked it, the Fed will likely like it, and recession fears eased further. Yet despite the upbeat reaction, traders still seem unwilling to fully commit because the biggest market
2026.05.08 2026.05.08 XAU/USD: Elliott Wave Analysis and Forecast for 08.05.26–15.05.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 4,493.40 with a target of 5,610.00–6,000.00. A buy signal: the price holds above 4,493.40. Stop Loss: below 4,420.00, Take Profit: 5,610.00–6,000.00. Alternative scenario: Breakout and consolidation below
It’s jobs day in the US and while markets are still fixated on US-Iran developments, the non-farm payrolls data will be a key risk event to look out for in wrapping up the week. The consensus is for a +62k headline print with the unemployment rate holding at 4.3%. That will continue to keep things
