Markets took some punches early in the week — the Nasdaq down 3.5%, the S&P 2%, and gold off 2.5% — before sentiment flipped mid-week. Stronger U.S. services data (ISM at 52) and steady jobs numbers steadied the ship, while the RBA held rates and the BoE kept traders guessing. By Friday, risk appetite was back, and positioning turned cautiously bullish heading into next week’s inflation prints.
It is important to remember to assess your financial situation and risk tolerance, before engaging in copy trading. Past performance and forecast are not reliable indicators of future results.
Tech Volatility Fades, Markets Find Their Footing
After a rough start, the week ended on a steadier note. The RBA held rates, the BoE kept its cautious tone, and traders read both as a signal that central banks aren’t in a rush to shake things up. Add in stronger U.S. data, and the mix was enough to calm nerves and pull volatility back across global markets.
*Trading involves significant risk of loss.
Equities Bounce Back After a Shaky Start
After getting hit early in the week, stocks found their footing as stronger U.S. data lifted sentiment. The S&P 500 and Nasdaq trimmed losses, and Europe followed suit with the DAX and FTSE100 both clawing back ground. By Friday, the tone had flipped — risk appetite was back, showing there’s still plenty of resilience under the surface.
*Trading involves significant risk of loss.
Oil and Gold Trim Losses After a Sharp Drop
Gold took an early hit, sliding about 2.5% before bouncing back toward the key $4,000/oz mark as yields steadied and risk sentiment improved. Oil also found some footing — Brent and WTI both edged higher, supported by ongoing supply discipline and better demand expectations. By week’s end, the broader commodities space looked calmer, echoing the steadier tone across markets.
*Trading involves significant risk of loss.
Dollar Holds Firm as Traders Wait for the Next Catalyst
The U.S. dollar held its ground this week, backed by steady yields and solid domestic data. The euro eased a touch, while the pound stayed range-bound after the BoE’s cautious policy call. The yen hovered near key levels, and commodity currencies held steady following the RBA’s hold — a sign that FX traders are mostly in wait-and-see mode until the next big data drop.
*Trading involves significant risk of loss.
