Markets kept a solid tone this week, with the S&P 500 holding near 6,780, just shy of record highs. European indices like the FTSE 100 and Euro Stoxx 50 stayed steady too — no panic, no chase, just firm sentiment across the board.
In commodities, the story flipped. Gold dropped over 6% after hitting fresh highs but still trades above $4,000/oz. Oil climbed more than 2%, riding on stronger demand signals and tighter supply vibes.
FX and bonds? Pretty muted. The dollar firmed up, the euro slipped, and yields held steady both in the U.S. and Europe.
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.
Commodities Split, Equities Hold Steady
Markets took a balanced tone this week as energy prices climbed while precious metals lost some shine. Equities stayed firm, showing steady risk appetite, but FX action hinted at a touch of caution — the euro and yen slipped as traders leaned defensive. Overall, risk sentiment stayed even, with equities steady, commodities diverging, and currencies moving selectively.
*Trading involves significant risk of loss.
Steady Equities, Cautious Vibes
U.S. and European stocks stayed firm near recent highs, showing that confidence in earnings and the economy is still intact. The S&P 500 hovered close to record levels, while the FTSE 100 inched higher, helped by gains in energy and financials. Sentiment leaned cautiously optimistic as traders kept one eye on late-month data and early earnings reports.
*Trading involves significant risk of loss.
Gold Drops, Oil Climbs, Silver Takes a Hit
Commodities split this week. Gold slid over 6%, pulling back from record highs but still trading above $4,000/oz after earlier profit-taking. Oil gained more than 2%, backed by steady demand and a tight supply outlook. Silver was the big mover, down nearly 8% midweek before finding its footing as traders lightened up positions after recent volatility in precious metals.
*Trading involves significant risk of loss.
USD Holds the High Ground
The dollar stayed firm as traders favored safety with yields steady and sentiment cautious. The euro eased lower, and the yen remained under pressure, with USD/JPY holding above the 150 mark. Sterling hovered near 1.33, and commodity-linked currencies moved sideways in line with the week’s mixed risk tone.
*Trading involves significant risk of loss.
