We prepare for the week ahead, what is dominating markets as we see tight and failing ranges from stocks to currencies as liquidity is low in most places. Index ranges this week are the tightest since late 2021. S&P with 55.62 points lowest range since November 2021. NASDAQ 258 points lowest range since December 2021. Dow Jones industrial average 340.88 points lowest since August 2021. Oil prices ran out of steam and declined this week, reflecting recession concerns. WTI crude oil futures fell 5.5% to $77.86/bbl. 2-yr Treasury note yield rose six basis points this week to 4.16% and the 10-yr note yield rose five basis points to 3.57%.
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We discuss the Market Weekly – enjoy the interaction:
- Click on the links below to navigate to the relevant section.
- Part A: Stock markets
- Part B: Bonds
- Fed and Banks
- Part C: Commodities
- Energy – Oil and Gas
- Gold and Silver
- Part D: Foreign Exchange
- Geopolitics and Economics
- Economy Week ahead
Trust you all had a great day, sleep well and get your trading plan sorted.
Any questions please feel free to ask them below. Trade Smart!