[ad_1] Dollar rebounds on stronger-than-expected jobs data showing 228,000 new positions, even as markets increasingly price in multiple Fed rate cuts for 2024. [ad_2]

[ad_1] Daily Morgan StanleyThe financial sector faced significant pressure amid growing recession concerns, with Morgan Stanley dropping 5%, Goldman Sachs falling 4.5%, and major commercial banks including JPMorgan, Citigroup, and Wells Fargo declining 4-5%. Are We Headed for a Recession? JPMorgan has raised its recession probability...

[ad_1] The natural gas market continues to hover around the crucial $4 level, as this week has seen more chop. That being said, this is a market that has a bit of a ceiling above it, and this should be obvious for most by now. [ad_2]

[ad_1] Metals and miners likely reached their cycle peaks, and we could see notable declines into May or June. [ad_2]

[ad_1] Will the S&P 500 find a short-term bottom after opening much lower again? [ad_2]

[ad_1] Daily Silver (XAG/USD)Thursday’s breakdown below the 50-day moving average at $32.52 marked a major technical reversal. Friday’s continuation move sliced through the 50% Fibonacci retracement at $31.81, leading to a test of the 200-day moving average at $30.89. A close below that longer-term level would...

[ad_1] The crude oil market has fallen hard again on Friday, as the markets continue to look at the very real possibility of a global recession in the near future. With this, the market has broken a major three year support barrier. [ad_2]

[ad_1] The natural gas market continues to see a lot of sideways action in general, as we have a massive number of reasons to think that we are going to continue to see volatile moves. [ad_2]

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[ad_1] Subscribe To Notifications Scan QR code to install app Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute,...

[ad_1] Daily Gold (XAU/USD)Price action now hinges on trader reaction to the short-term pivot at $3083.65. Holding above this level could trigger a move back toward $3111.02 and potentially a retest of $3167.84. However, a sustained move below $3083.65 and a break under Thursday’s low at...

[ad_1] Markets quickly priced in the likelihood of a global trade war, driving both Brent and WTI to their steepest weekly losses in more than two years. With world economies already slowing, traders are now bracing for a sharp decline in oil demand. Saxo Bank’s head...