The Bank for International Settlements’ quarterly review, published today (December 8) finds market exuberance amid corporate bankruptcies, and gold losing its ‘safe haven’ status as its surging price correlates with that of equities. Hyun Song Shin, who leads economic work at the BIS, told a press conference on December 6: “What we definitely can say quite […]
Risk aversion returned to Asia at the start of December, lifting Yen sharply across the board. The shift in sentiment coincided with a notable surge in Japanese government bond yields, with the 10-year jumping nearly 0.07 and breaking above 1.87%, its highest level in more than 15 years. . A key catalyst was Governor Kazuo
Trading in the currency markets remained largely steady in Asian session, with major pairs and crosses stuck in unusually tight ranges. There was little conviction in either direction, and the mild risk-on tone that followed the strong U.S. close failed to generate follow-through in FX. The December Fed cut narrative has effectively been priced in,
Gold price analysis suggests a consolidation near $4,050 amid dollar strength and geopolitics. Markets await delayed US data releases as the Fed remains uncertain on rate cut policy. Technically, the price stays within trendlines, awaiting a catalyst for a breakout. Gold price extended its downside on Monday, marking a pullback over the past three sessions
Sentiment in Asian markets started the week on the softer side, though the pullback has been well contained so far. The tone was more cautious than negative, with investors reluctant to take strong positions ahead of a busy global data schedule and the return of U.S. macro releases. The dominant theme is anticipation. With U.S.
Institutional investors take profit on gold trades – FX Markets Skip to main content End of drawer navigation content Hedge funds trimmed longs after gold rally and triggered massive market selloff Following a 50% year-to-date rally in gold prices to more than $4,000 an ounce, institutional investors have begun closing some of their long positions
Global risk appetite improved markedly today, with strong gains in Asia carrying over into European trading and U.S. futures pointing higher. Investors found renewed confidence amid signs of political progress in Washington, where the Senate approved the first stage of a bipartisan deal to end the monthslong government shutdown. The agreement would fund federal operations
Fundamental Overview Nothing has changed this week in the market. Gold has been stuck in a consolidation since last Tuesday despite a more hawkish than expected Fed Chair Powell. It might be a sign of a short-term bottom, but it could also be just some exhaustion after the 11% drawdown. There are no strong reasons
Fundamental Overview Gold eventually extended the losses as the preliminary US-China deal reached over the weekend weighed on the market as traders positioned into a positive Trump-Xi meeting. In the short-term, there are no strong reasons to pile into longs at the moment, so we might create another range around the 4,000 level. Nonetheless, there
Yen rebounded notably today while Nikkei 225 cooled from its record highs, as investors took profits following a smooth meeting between U.S. President Donald Trump and Japan’s new Prime Minister Sanae Takaichi. The summit concluded with the signing of two new agreements that reaffirm the deep strategic and economic partnership between the two allies, while
Speakers at IIF conference believe dollar selloff is cyclical rather than a structural decline Source link
ADP report shows that private hiring in September plunged, reinforcing bets for a Fed rate cut later this month. US government shutdown delays Nonfarm Payrolls release, weighs on markets but support flows into Gold. Treasury yields tumble and US Dollar softens, creating a favorable backdrop for bullion’s rally toward fresh record highs. Gold price surges
As the ultimate safe haven, gold prices sitting at all-time highs can often be indicative of widespread panic. Yet the options market tells a different story, with the metal’s 43% year-to-date gains coming on surprisingly low volatility, suggesting investors are building positions without a disorderly scramble and there may be more upside to come. Spot
Gold extends its record run, hitting a fresh all-time high of $3,791 on Tuesday. Geopolitical tensions continue to fuel safe-haven flows, keeping Gold demand elevated. Fed Chair Jerome Powell cautioned that “two-sided risks mean there is no risk-free path,” describing policy as “modestly restrictive.” Gold (XAU/USD) pushes deeper into uncharted territory on Tuesday, climbing to
For most of modern market history, trading flows were seen as little more than the smoke from the fire – evidence of deeper forces at work. Growth, inflation, central banks, geopolitics: these were the “real” drivers of price action. Order books and positioning data simply reflected how investors responded. But that causality has shifted. Flows
Gold trades just shy of record highs on Monday, edging higher after last week’s all-time peak near $3,675. The Fed’s monetary policy decision on Wednesday dominates market sentiment, with a 25 bps cut seen as certain. XAU/USD continues to trade sideways with the 21-SMA providing short-term support. Gold (XAU/USD) kicks off the week on a
Gold consolidates near $3,650, holding in a narrow range after this week’s record high near $3,675. Safe-haven demand remains strong, driven by global trade tension and geopolitical risk. Markets have fully priced in a 25 bps cut at the Fed’s September 17 meeting, a +90% probability says CME Fedwatch Tool. Gold (XAU/USD) is trading with
