Since February 28th, crude oil has been among the best performing major instruments as markets attempt to price in the possibility of sustained disruption to exports of the commodity from the Gulf. Traders have concentrated especially on the large drop in traffic through the Strait of Hormuz and possible continuation or resolution. This article provides
While geopolitical tensions in the Persian Gulf continue to dominate headlines, global markets are preparing for another key catalyst. On 6 March, the U.S. Bureau of Labor Statistics (BLS) will release the Non-Farm Payrolls (NFP) report for February, one of the most closely watched indicators on the economic calendar. According to Elev8 broker, the report
ETHUSD barely flinches amid new Middle East geopolitical tensions Price remains stuck inside a bearish rectangle A close below 1,850 could kick off the next bearish leg Ethereum (ETHUSD) is trapped in a monthly range, capped below the 2,125 ceiling – which also lines up with the 78.6% Fibonacci retracement of the April–August rally –
Alibaba (BABA) shares closed at $152.28 last Wednesday, dropping to $135.59 yesterday, marking the lowest level for 2026. The roughly 10% decline stems from several bearish factors: → Resignation of Lin Junyang (Justin Lin) – Lin, head of Alibaba’s Qwen AI project, a major LLM platform, unexpectedly stepped down. According to Reuters, this is the
Financial markets entered a state of extreme turbulence on Monday, March 2, 2026, as the “fog of war” descended over the Middle East. Following a weekend of unprecedented military escalation between the United States, Israel, and Iran, global asset classes are decoupling along traditional risk lines. Gold has surged to record highs, and energy prices
Asia’s heavy reliance on Middle Eastern oil is emerging as a significant economic vulnerability, leaving the region susceptible to prolonged supply disruptions, according to ING Group. While current inflation risks are largely contained, the prospect of higher energy import costs is set to weaken trade balances, placing currencies like the Philippine Peso (PHP), Thai Baht
On Friday, we cautioned that Monday’s trading might be turbulent — though few anticipated moves of this magnitude. Over the weekend, tensions intensified dramatically after Israel and the United States carried out extensive strikes on Iranian targets, with reports claiming that Supreme Leader Ali Khamenei was killed in the operation. In retaliation, Iran launched missiles
Geopolitical tensions lift gold above $5,200, sticky inflation delays Fed cuts, and new tariffs intensify trade volatility and dollar uncertainty. The Return of the Safe Haven: Geopolitics Overpower the Fed The financial landscape is currently dominated by a resurgence in safe-haven demand, as escalating tensions between the US and Iran push Gold to unprecedented heights
The Turkish lira continued its freefall this year and is hovering at its record low, a trend that may continue after the recent macro data from the country. The USD/TRY exchange rate rose to 43.85, up by 2.2% from where it started the year. Turkey has released weak macro data lately The Turkish lira has
Given the strength of the active medium-term impulse wave (3) and the prevailing uptrend that can be seen on the daily and weekly charts, Silver can be expected to rise to the next round resistance level 100.00. Silver broke resistance area Likely to rise to round resistance level 100.00 Silver recently broke the resistance