Trade Reviews

Professional and technical analysis on products and past trades

Gold prices waver as fragile US-Iran talks and Trump-Xi meeting fuel uncertainty

Gold prices are currently entering a phase of consolidation as market participants weigh the implications of fragile US–Iran negotiations against the upcoming high-stakes summit between Presidents Trump and Xi. Despite a resilient long-term bullish outlook, short-term volatility persists in the bullion.

Michigan Consumer Sentiment falls to historic low; US Dollar Index retreats

United States consumer sentiment fell to a record low of 48.2 in May, driven by soaring energy costs and mounting concerns regarding trade tariffs. The reading missed market forecasts, reflecting a deepening pessimism among households regarding geopolitical and economic stability.

EU retail sales surpass forecasts but decelerate marginally; Euro retreats

European Union (EU) retail sales outperformed March expectations at 1.2%, though a cooling trend persists as consumer spending reaches a two-year low. A divergent performance across member states, coupled with geopolitical headwinds, has exerted downward pressure on the Euro.

China continues adding gold for an 18th straight month

China continued adding to its gold reserves for an 18th straight month, another sign that major central banks are still slowly diversifying away from heavy dependence on the US dollar.

BoE and Fed diverge as markets question which central bank can stay hawkish longer

The divergence between the Bank of England and the Federal Reserve is becoming less about rates and more about conviction.

Brent climbs amid renewed geopolitical tensions in the Middle East

Brent crude reached $114.44 per barrel amidst escalating tensions in the Middle East and renewed concerns regarding the stability of the Strait of Hormuz. As the standoff between the US, Iran, and Israel intensifies, fears of supply chain disruptions have driven prices above key technical levels.

Rising energy Pushes the ECB back toward a hawkish tone

Eurozone inflation accelerated to 3.0% in April, up from 2.6% in March, with the move driven largely by energy shocks tied to the escalating conflict in the Middle East.

ECB keeps rates unchanged and turns more hawkish, citing risks; Euro rises

The ECB held rates at 2.15% but adopted a hawkish tone, warning of inflation risks from Middle East tensions. With EU inflation at 3.0% and GDP growth slowing to 0.1%, stagflation concerns have risen.

1 May 2026, 02:23

BoJ holds rates amid higher-than-expected unemployment; Yen approaches key level

The Bank of Japan maintained interest rates at 0.75% despite a surprising rise in unemployment to 2.7%. Although three members favored a hike, the yen remains pressured near ¥159.50 against the dollar. Technical indicators suggest neutral momentum with a bearish divergence, leaving the market awaiting fundamental catalysts for a decisive breakout.

DAX slides amid deteriorating consumer sentiment

The DAX index retreated as German consumer sentiment plunged to a lowest level since early 2023. GfK data highlights sharp declines in income and economic expectations driven by energy costs and Middle East instability. Despite these pressures, the DAX maintains a long-term bullish structure while testing critical moving averages.