By JustMarkets On Friday, the Dow Jones (US30) Index gained 0.56% (for the week -0.23%), while the S&P 500 (US500) Index fell by 0.88% (for the week -3.54%). The NASDAQ Technology Index (US100) closed negative 2.05% (for the week -6.11%). The S&P 500 (US500) fell to a one-month low, and the NASDAQ (US100) fell to a 2-month low. Weak corporate news and rising geopolitical risks weighed on stocks. The latest escalation in the Israeli-Iranian conflict (an Israeli drone attack on Isfahan in Iran) caused risk assets ..read more

By RoboForex Analytical Department Brent crude oil prices fell to a four-week low of 86.50 USD on Monday, influenced by several contributing factors. The primary cause of the decline was a reduction in geopolitical tensions as Iran’s rhetoric toward Israel showed signs of de-escalation. This change is significant given that Iran is the third-largest OPEC oil producer, with substantial exports to China and other countries, making stability in the region crucial for global oil markets. On the demand side, US crude oil inventories rose 2.7 million barrels for the week, nearly double what was anti ..read more

By ForexTime  Bitcoin halving done and dusted Ethereum in focus ahead of SEC decision ETH ↓ 20% from 2024 peak Prices trending higher on D1 chart Key levels at 100 day SMA, $3255 and 50-day SMA Bitcoin’s halving event is done and dusted! Marking a landmark moment in the world of digital assets. This shifts our focus towards Ethereum which could be rocked by the Securities and Exchange Commission’s (SEC) looming decision to vote on Ethereum spot ETF applications. The world’s second-largest cryptocurrency has shed over 20% from the 2024 high, though still up 40% year ..read more

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday April 16th and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the euro will decline versus the d ..read more

By InvestMacro  The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on April 16th 2024. This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market. To signify an extreme position, we use the Strength Index (also known as the COT Index) of each instrument, a common method of measuring COT data. The Strength Index is simply a comparison ..read more

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday April 16th and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets. Weekly Speculator Changes led by Copper The COT metals markets speculator bets were lower this week as just two out of the six metals markets we cover had higher positioning while the other four markets had lower speculator contracts. Leading th ..read more

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday April 16th and shows a quick view of how large traders (for-profit speculators and commercial hedgers) were positioned in the futures markets. Weekly Speculator Changes led by 10-Year Bonds & Fed Funds The COT bond market speculator bets were overall higher this week as five out of the eight bond markets we cover had higher positioning while the other three markets had lower ..read more

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday April 16th and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets. Weekly Speculator Changes led by S&P500-Mini The COT stock markets speculator bets were higher this week as five out of the seven stock markets we cover had higher positioning while the other two markets had lower speculator contracts. Leadi ..read more

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday April 16th and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets. Weekly Speculator Changes led by Soybean Meal & Lean Hogs The COT soft commodities markets speculator bets were overall lower this week as just three out of the eleven softs markets we cover had higher positioning while the other eig ..read more

“Credit standards are tightening, thereby freezing out borrowers” By Elliott Wave International Recent headlines about the U.S. economy are rosy: US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate (AP News, March 28) US economy continues to shine with help from consumers, labor market (Reuters, March 28) It’s all well and good to announce positive economic news. Yet, consumers of such news may not be getting the full story. In other words, there’s plenty of less-than-positive economic developments, and I’ll point out just three which portend a possible e ..read more