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Chart the Market (09/05/2025)

XAUUSD, H4: Gold prices surged at the start of the week, breaking above previous resistance near the $3,350 level and briefly touching all-time highs around $3,490. However, the rally quickly lost steam as a shift in market sentiment—driven by underlying fundamentals—triggered a sharp pullback. The subsequent decline erased earlier gains and signaled a bearish reversal,Continue Reading
Wall Street Extends Rally on UK-U.S. Trade Deal Optimism

Key Takeaways: *U.S.-UK trade deals boost sentiment in Wall Street. *U.S. Initial Jobless Claims came soft, harming Wall Street risk appetite. All three major U.S. equity indices—Dow Jones, Nasdaq, and the S&P 500—closed higher in the latest session, continuing their upward trajectory. However, signs of waning momentum suggest the rally may be approaching a near-termContinue Reading
Inflation and Growth in Focus as Fed and BoE Face Pressure

The Week Ahead: Week of 12th April 2025 (GMT+3) Weekly Market PreviewMarkets face a packed macro calendar this week, with U.S. inflation, retail sales, and U.K. GDP expected to steer rate expectations across major central banks. Tuesday’s U.S. CPI print will be the marquee event, with traders eager to confirm whether disinflation is resuming afterContinue Reading
Written on May 9, 2025 at 5:43 am
Categories: Weekly Outlook
Tags: cpi, gdp, pmi, Weekly Highlight Event
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