Gold (XAU/USD) plunged 5%, surprisingly ignoring the escalating safe-haven demand from the Middle East conflict. The selloff is primarily driven by rising oil prices sparking inflation fears, which led to reduced Fed rate cut expectations and a surging US Dollar. The technical outlook focuses on the $5000/oz retest, will bulls return or not? Read More: […]
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Bitcoin rally fizzles out at resistance Bitcoin staged a powerful rally on Monday, delivering one of its strongest single-day performances in recent weeks. Nonetheless it struggled to reclaim overhead resistance, with the world’s largest cryptocurrency once again being rejected by it a day later amid escalation in the Middle East. Monday’s over 4% rally began
We are now into Day 2 of fully open trading since the war in Iran began, and the tone remains decisively risk-off. US equities are under heavy pressure: Nasdaq: -474 points S&P 500: -103 points Dow: -719 points At the same time, classic defensive flows are in play: The dollar is up roughly 0.65% versus
Panic has officially seeped into the European sessions. Crude prices are not just rising; they are re-accelerating, after Iran’s Revolutionary Guard warned that any ship entering the region would face a “serious response.” The death of Supreme Leader Ayatollah Khamenei on February 28 has removed the traditional diplomatic guardrails, leaving markets to fear a prolonged,
Austria’s consumer price inflation increased somewhat in February from a 13-month low in the previous month, a flash estimate from Statistics Austria showed on Tuesday. The consumer price index climbed 2.2 percent year-over-year in February, faster than the 2.0 percent increase in January. Moreover, the inflation rate is now just above the European Central Bank’s
European Central Bank (ECB) governing council member and Governor of the Bank of Greece, Yannis Stournaras said in an interview with Reuters during the day that the central bank needs to be flexible about its monetary policy amid the war between the United States (US), Israel, and Iran. Remarks ECB should be flexible given Iran. Upward
Macro update Global equities retreat as conflict intensifies: Asian markets fell sharply after US and Israeli strikes on Iran escalated tensions, with MSCI Asia-Pacific ex-Japan down 2.9%, South Korea tumbling 7.2% and Japan’s Nikkei 225 sliding 3.1%, while US futures also pointed lower. Oil climbs on Hormuz concerns: Brent crude oil gained around 4% to trade
2026.03.03 2026.03.03 Short-Term Analysis for Oil, Gold, and EURUSD for 03.03.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro continues
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The global market reaction to the escalating conflict in the Middle East remains remarkably fragmented. U.S. equities successfully staged a “buy-the-dip” recovery overnight after an initial selloff. Both S&P 500 and NASDAQ closed with modest gains. In contrast, Asian markets told a darker story. South Korea’s Kospi tumbled nearly -5% as it caught up with
Prolonged conflict could lead to a “substantial spike” in inflation At the same time, it could also cause a “sharp drop in output” in the euro area Directionally, a jump in energy prices puts upward pressure on inflation especially in the near-term The magnitude of the shock heavily depends on “the breadth and duration of
Offshore speed, onshore depth: a new reality for FX liquidity – FX Markets Skip to main content End of drawer navigation content Stark differences emerge between onshore and offshore pricing during macroeconomic news events, finds LMAX Group’s head of data In foreign exchange spot markets, speed has long been treated as a reliable guide to
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USD/CAD holds ground after registering modest gains in the previous session, trading around 1.3670 during the Asian hours on Tuesday. However, the pair depreciated as the commodity-linked Canadian Dollar (CAD) received support from higher Oil prices. Canada’s status as a major crude exporter makes its currency particularly sensitive to movements in Oil prices. West Texas
Expected was +5.0% (some at 5.5%) Prior was -14.9% Private house approvals +1.1% vs +0.4% prior Building approvals +8.7% y/y vs +13.3% prior This is a sharp two-month drop in construction activity but think of it more as a normalization. Australian dwelling approvals were characterised by significant monthly volatility through 2025, driven almost entirely by
The jobless rate in Japan came in at a seasonally adjusted 2.7 percent in January, the Ministry of Internal Affairs and Communications said on Tuesday. That was above expectations for 2.6 percent, which would have been unchanged from the December reading. The jobs-to-applicant ratio was 1.18 – missing forecasts for 1.19 and down from 1.20
