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Trade Reviews
Professional and technical analysis on products and past trades
Gold breaks below key technical level as hawkish Fed expectations rise
Gold fell below a key technical support level as rising expectations of a more hawkish Federal Reserve outweighed safe-haven demand arising from tensions in the Middle East. Higher implied odds of further rate increases added pressure to bullion, which closed at $4,282.
Gold slips as Middle East risk shifts back
Gold moved lower after Iran-backed Hezbollah rejected a US-mediated proposal, a reminder that the metal is not reacting to geopolitics in a simple way anymore.
Dow Jones declines as strong economic data reinforces hawkish Fed expectations
The Dow Jones fell 1.21% to 50,692 as strong US employment and services data signalled economic resilience. Combined with a sharp drop in US crude inventories that pushed oil prices toward $97, rising inflation risks have lowered rate-cut expectations, driving fears of a more restrictive Federal Reserve stance later in 2026.
Eurozone inflation accelerates, but uncertainty keeps EUR/USD range-bound
Eurozone inflation spiked in May, with headline CPI reaching 3.2% and core CPI hitting 2.5%, driven by a 10.9% surge in energy costs linked to Middle East conflicts. Despite hawkish central bank rhetoric, the EUR/USD remains range-bound near 1.1628 as neutral technical indicators reflect deep market uncertainty.
Nikkei reaches fresh record high amid robust economic releases
The Nikkei 225 climbed 2.53% to a historic record high of 66,329, propelled by better-than-expected Japanese economic data. Surpassing market forecasts, strong gains in retail sales, industrial production, and consumer confidence highlighted the economy's underlying resilience.
Gold increases on US-Iran peace deal hopes and test a key support area
Gold futures rose by 1.88%, driven by optimism surrounding a potential 60-day US-Iran ceasefire and a weakening US dollar. Despite US Personal Consumption Expenditures (PCE) inflation accelerating to 3.8%, the fact that the data matched market expectations, combined with the prospect of Middle Eastern peace, softened projections for aggressive Federal Reserve monetary tightening.
Australian inflation moderates; AUD/USD declines but keeps bullish structure
Australia's headline inflation cooled more than expected to 4.2% in April, easing pressure on the Reserve Bank of Australia (RBA) despite remaining above its 2%–3% target.
Gold declines as geopolitical tensions reinforce expectations of a hawkish Fed
Gold fell to $4,501 as US-Iran tensions raised inflation fears, bolstering the US dollar. Expectations of a hawkish Federal Reserve interest rate policy increased the opportunity cost for the non-yielding bullion, overshadowing its traditional safe-haven appeal despite gold maintaining a strong long-term bullish technical structure.
WTI falls on US-Iran optimism despite a sharp EIA crude inventory draw
WTI and Brent crude futures fell by 5.74% amid optimism over US-Iran diplomatic negotiations, overshadowing a massive EIA inventory draw of 7.864 million barrels.
British pound falls after UK unemployment rate exceeds forecasts
The British pound depreciated slightly as the UK unemployment rate climbed to 5.0%, compounding the policy dilemmas facing the Bank of England (BoE) amidst a 3.3% headline inflation rate and escalating Middle East energy risks.
