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Should we expect oil to return to $100 per barrel?

Should we expect oil to return to $100 per barrel?

Since July of this year, the oil market has struggled to regain momentum. It has even reached a point where the price of WTI crude oil fell below $68, a level we have not seen since March 2023. Meanwhile, the S&P 500, Dow Jones, and XAUUSD have all experienced a...

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Another record high for the S&P

Another record high for the S&P

The S&P index is closing at another record high. The index is up 23.11 points or 0.40% at 5745.37. The new intraday all-time high comes in at 5767.37.The Dow industrial average also rose 5 260.36 points or 0.62% at 42175.11, and the NASDAQ index gained 108.09...

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How Goldman Sachs is reading the latest China news

How Goldman Sachs is reading the latest China news

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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October forex seasonals: It’s harvest time

October forex seasonals: It’s harvest time

When markets open up on Monday, it will be October. Notably, Chinese markets will be open Monday as the Chinese Communist Party celebrates 75 years in power. From there, Chinese equity markets will be closed for the remainder of the week.That's an important detail...

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Japan will choose a new Prime Minister on Friday

Japan will choose a new Prime Minister on Friday

USDJPY dailyJapan’s ruling party will vote for a new leader on Friday who will almost-surely be the country's Prime Minister shortly afterwards. Current PM Fumio Kishida has stepped down and the new leader may take a more-active role in directing the Bank of...

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