Gold, US 100, BTCUSD

This video explains the latest important movements in the market, including the sideways move in gold, the upside tendency in US 100 and the new record peak in BTCUSD.
XM Group | 340 dias atrás

 

  • Gold still holds above long-term uptrend line; neutral bias
  • US 100 index weakens momentum after new record peak
  • BTCUSD unlocks new all-time high around 112,000
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Market Digests US-Iran Agreement; Eyes on Two Central Banks' Decisions

Market Digests US-Iran Agreement; Eyes on Two Central Banks' Decisions

US stock markets soared on Monday, with the Dow up 0.9% to a record, the S&P 500 up 1.66%, and the Nasdaq up 3.07%. Treasury yields fell to a one-month low, and the US dollar dropped against the Euro and Pound. The US-Iran deal eased rate-hike concerns, pushing gold to a one-week high and causing crude oil to drop by over 4%.
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Despite equities trading close to record highs, 48% of AAII investors remain bearish, whilst only 30% are bullish. History suggests that the strongest bull markets are often driven by skepticism rather than euphoria, with cautious investors providing fresh buying power on every dip.
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The global foreign exchange market operates as the largest and most liquid financial arena in the world. Trillions of dollars change hands every single day as multinational corporations, central banks, and retail participants exchange global currencies. This immense liquidity creates an environment of constant price movement.
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The S&P 500 is being supported by geopolitical factors, AI, the US economy and expectations of interest rate cuts, although the risk of a correction remains.
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US and Iran announce deal to reopen Hormuz and extend ceasefire. Oil tumbles as Hormuz blockade to end and Iran to resume exports. Dollar also retreats, but gold and cryptos surge on easing inflation fears. Stocks extend rally ahead of Fed and other major central bank meetings.
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