Gold Nears $4,500 as Central Bank Buying and Fed Bets Shift
Gold has rebounded nearly 10% in August to $4,440, driven by central bank buying and fading Fed rate hike expectations.
Gold has rebounded nearly 10% in August to $4,440, driven by central bank buying and fading Fed rate hike expectations.
GDX's five-wave rally from the July 17 low remains incomplete. Further upside is expected before a larger corrective phase develops.
EUR/USD probed resistance at 1.1560/66 again Monday but continues to face headwinds. Bulls remain supported while markets await US July CPI data Wednesday.
Compagnie Financière Tradition posted CHF 646.2 million in H1 2026 revenue, up 10.4% at constant exchange rates but only 2.2% in reported Swiss franc terms.
The Swiss Franc trades lower against major peers as risk sentiment improves and markets price in a Fed rate hike. USD/CHF rises 0.15% to near 0.8082.
Tesla has completed a five-wave impulse decline and is bouncing in wave IV. The broader bias remains bearish, targeting the 290–189 range.
BitMEX shuts down, the SEC settles with Coinbase, and the Financial Commission launches prop firm certification — five regulatory moves defining crypto in H2 20
MCD shows signs of a multi-month Wave (II) pullback from its 2020 cycle high, with a potential correction target in the 259.00–207.56 area.
FP Markets has been named Most Trusted Broker at the UF Awards Global 2026, recognising the firm's commitment to transparency and client service.
Hong Kong is phasing out SMS-based authentication for financial logins. Brokers must act now to stay compliant with the new security rules.
WTI crude trades around $72 on Friday, consolidating near two-week highs as US-Iran diplomatic efforts offset ongoing geopolitical risk.
GBP/JPY climbs toward the 217.22 all-time high as dovish BoJ comments weigh on the Yen. Bulls eye a potential extension to the 218.00 area.
UOB expects USD/SGD to trade in a 1.2890–1.2990 range over the next one to three weeks, with near-term support at 1.2890 and resistance at 1.2950.
Japan's Manufacturing PMI rose to 54.8 in June, its strongest quarterly performance since Q1 2014, driven by AI demand and semiconductor orders.
The US, Israel, and Lebanon have signed a trilateral agreement. Full details of the accord are emerging as the deal is formalized.
June flash PMIs are due across major economies. Hungary is expected to cut rates by 25bp to 6.00%.
Singapore's MAS has added Bybit to its investor alert list, joining Binance and KuCoin as unregulated exchanges operating in the country.
WTI crude dropped nearly 5% to $80.73 on June 15, 2026, after the US and Iran reached an interim deal to reopen the Strait of Hormuz.
Brokers in emerging markets are shifting away from card acquiring toward local payment rails. Mobile money, e-wallets, and QR solutions are gaining ground.
QQQ is correcting in wave 2 after completing wave 1 at $748.65. Support is expected between $733.60 and $738.20 before the next rally.