Gracie

Last week, OPEC published a new compensation plan to offset the previous overproduction, Commerzbank's commodity analyst Carsten Fritsch notes. OPEC announces new compensation cuts through 2026 "According to the plan, production cuts totalling 4.57 million barrels per day are planned for the eight a

Markets Asian markets look poised to open on a firmer footing as traders price in a soft thaw in U.S.-China tensions — the first meaningful walk-back we’ve seen in weeks. While there’s no grand peace accord on the table, the tone has shifted just enough to throw cold water on the Axis vs. Allies “Tr

Importance of Risk Management in Trading Risk management is often considered the cornerstone of successful trading. Even the most profitable trading strategies can fail without adequate risk management. Here’s why it matters: Preservation of Capital: It ensures that traders can survive periods of lo

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press. Key quotes "Most obvious EU response is zero for zero tariff offer." "There will be re-routing of g

XAU/USD Gold beat 3164/67 for a buy signal & shot higher to the next target of 3225/29 & more than half way to 3255/60. A break above 3260 targets 3271/74 & 3280/83. Above 3285 look for 3300/3304. Over the last 16 hours we saw 3 very negative candles on the 1 hour chart. Obviously I am n

Review US President Trump’s retreat from trade taxes took less than 24 hours. However, taxes on imports from China increased, and the universal 10% import tax stays in place….The big lessons from this: policy remains very (very) erratic; policy competence will be questioned by markets—chaotic confus

S&P 500 retraced the stellar tariff delay upswing in an equally wild way, stopping well north of my ultimate support level given to clients. Accounting for great USD uncertainty, the scales for the coming stock market move are tilting one way (let alone what I expect to keep unfolding in gold) a

In today’s interconnected world, the global stock market serves as more than just an economic indicator for individual countries—it reflects the overall health of the world economy. As international markets become increasingly linked, investors are expanding their focus beyond domestic stock exchang

In our analysis from a week back, we presented a bearish outlook for US yields, specifically focusing on the bearish impulsive price action down from 4.8%, which could keep the US dollar in a downtrend. What we’ve seen so far is a strong rebound from 3.8%, as shown on the updated 4-hour chart. This

Asia Market Update: Massive two-way Vol continues on trade developments as Trump moves markets with his phone; Focus on US Mar CPI. General trend - Overnight session in NY started badly with China escalating the trade war by raising tariffs on US goods from 35% to 84% from Apr 10th but around luncht

The Greenback reversed its initial loses to three-day lows and ended the session virtually unchanged in response to a late recovery fuelled by President Trump’s announcement of a 90-day delay on reciprocal tariffs. Here is what you need to know on Thursday, April 10: The US Dollar Index (DXY) sold o

Trend Watch: Forex US Stock Futures Tumble as S&P 500 Dips Below 5,000 Amid Escalating Trade War U.S. stock index futures fell sharply on Tuesday night following a steep sell-off on Wall Street, with the S&P 500 closing below the key 5,000 level for the first time in nearly a year. The decli