Market Overview - Page 2

The collapse of US-Iran negotiations, delays in appointing a Federal Reserve chair, and robust economic data are reinforcing the Federal Reserve's hawkish stance and driving the US dollar higher.

In the short term, gold is volatile due to geopolitical factors, but in the medium to long term, it retains its growth potential thanks to monetary policy and central bank demand.

The euro has recovered from Monday's gap, but upside is limited. US-Iran talks and Fed/ECB divergence are driving EURUSD. Lagarde signals more rate hikes.

EURUSD fell amid Middle East tensions, which boosted USD demand; the risk of stagflation and inflation is growing, supporting the dollar and pressuring gold.

US Dollar Over the past two weeks, the US dollar has fallen to its lowest level since early March, giving back almost all the gains made since the start of the armed conflict in the Middle East. Talks with Iran.

Strong S&P 500 rally driven by optimism, FOMO, and robust earnings, despite low market correction and Middle East tensions.

Dollar at March lows as geopolitics fades. EURUSD rallies. 1970s parallels and USDJPY intervention risk add to greenback pressure. BoE's hawkish tone supports GBPUSD.

Tesla: ⬆️ Buy – Tesla broke down channels – Likely to rise to resistance level 400.00 Tesla continues to rise after breaking two different-length down channels from March and December – as can be seen from the daily Tesla chart.

Oil prices are high but markets ignore the scale of disruption. Hormuz flows fell from 20 to 3.8 million bpd, OPEC+ output down 9.4 million bpd. Investors are betting on de-escalation.

The dollar weakens on de-escalation. EURUSD rallies on risk appetite and Fed/ECB policy divergence. Yen remains under pressure amid the Bank of Japan’s dovish turn.

Despite geopolitical tensions and high market volatility, the S&P 500 rose on expectations of strong earnings and the resilience of the US economy, with shares becoming more attractive following the March correction.

Markets are moving past geopolitics: S&P 500 and EURUSD are back to pre-war levels. Speculators are unwinding dollar longs. Gold recovers alongside equities.