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,...
Major US indices close sharply lower as geopolitical concerns weigh
The major US stock indices are closing sharply lower as geopolitical concerns weigh on the market sentiment. Iran's missile attack on Israel seemed to be a choreographed theatrical performance but was real and that often leads to a knee-jerk reaction to the...
Economic calendar in Asia Wednesday, October 2, 2024 – Fed speakers, lower tier data
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Trade ideas thread – Wednesday, 2 October, insightful charts, technical analysis, ideas
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,...
FX risk trades continue to recover
There are post-attack highs ongoing in cable, the euro and commodity currencies. There is less enthusiasm in stocks, with the S&P 500 stalled and still down 38 points. The market is steadily recovering after the attacks and so far the market is...
Stocks stop falling as the bombs stop falling
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,...
Israel says it will respond to Iranian attacks immiently
An Israel Defense Force spokesman says that the Air Force will carry out “powerful airstrikes” tonight, throughout the Middle EastI'd be careful with this for now as some of the reports say decisions about such attacks will be taken tonight. Lending credence to the...
Crude oil futures settles at $69.83
Crude oil futures are settling at $69.83. That's up $1.66 or 2.44%. The high price extended to $71.91. The low price that $66.36.Iran launched missiles at Israel, raising fears of a wider Middle East conflict. Israel intercepted most of the missiles, easing immediate...
Risk trades bounce as the dust settles in Israel
AUD/USD 10 minsThe arrow highlights when the first reports of Iran attacks hit and now AUD/USD has recouped a bit more than half of the drop. There are no reports of casualties in Israel following the attacks, though information is limited.For now, the market is...
IDF spokesperson: We will respond to Iranian missiles at the appropriate time and place
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Now we wait for the Israel response
WTI crude is up 5% and flirting with the highest levels in a month after Iranian strikes on Israel. So far there are no reports of casualties (though it's early) and it appears Iran is done. However there are many videos circulating online of the missiles striking...
GBPUSD moves down to test its rising 100 bar moving average on 4-hour chart
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Iran says its response to Israel has been carried out
Iran's mission to the UN has posted a statement. It's similar to the one posted after the April attack and appears to be aimed at de-escalation:Iran’s legal, rational, and legitimate response to the terrorist acts of the Zionist regime—which involved targeting Iranian...
A second round of Iranian missiles is on the way
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S&P moves down to test its rising 100 hour moving average
Looking at the S&P 500 index, it is down by -59.03 pointer -1.02% at 5702.88 . The low price for the day extended to 5681.28. The high price is at 5757.73. On the downside, the rising 100-hour moving average comes in at 5675.06. So the low price at 5681.28, got...
Missiles have been launched from Iran toward Israel. Missiles entering airspace in TelAviv
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ECBs Kazaks: Very much agree with market pricing on ECB’s o October interest-rate decision
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Israeli assassinates commander in charge of the weapons transfer from Iran to Hezbollah
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September did not disappoint
A difficult start does not always lead to a dismal end, especially in the markets. September started on a bleak note, but by the end of the month, the indices had performed surprisingly well.To clarify, they stumbled after hearing that the manufacturing sector had...
More from SNBs Schlegel: Last week we did not rule out further interest rate cuts
Have respect for all exporters, I know the strong Frank makes situation difficult for them.The main problem first was exporters is the lower demand abroad.Last week we did not rule out further interest rate cuts.Cannot rule out any measures, but nobody likes negative...