Top News and Analysis

Asia open: US PPI surges as Inflation heat derails rate cut hopes ahead of Trump-Xi summit

US producer price inflation surged to 6.0% year-over-year in April, strengthening the Federal Reserve’s higher-for-longer stance and erasing remaining hopes for 2026 rate cuts. Markets now focus on the high-stakes Trump-Xi Beijing summit, where AI competition, semiconductor restrictions, and geopolitical tensions are taking center stage. Despite rising Treasury yields and inflation fears, the Nasdaq 100 and S&P 500 continued climbing to record highs as AI-driven optimism supported equities.

14-05-2026 02:35 GMT by Kelvin Wong

Kevin Warsh gets confirmed for Fed Chairman – Reactions for Dow Jones, Nasdaq & S&P 500

S&P 500, Dow Jones, Nasdaq reactions to Warsh's confirmation: US equities face institutional uncertainty following the confirmation of Kevin Warsh to lead the Federal Reserve. With precious metals exploding and the Nasdaq in price discovery mode, the Dow struggles to reclaim its 50,000 target. Explore an intraday technical analysis of the Dow, Nasdaq, and S&P 500.

13-05-2026 19:39 GMT by Elior Manier

Inflation is buoyant and Trump lands in China – North American Mid-Week Market Update

Mid-Week update for North-American Markets – Markets are all awaiting for new from the meeting between Trump and Xi, with the US President just landing in Beijing in the midst of new inflation highs. Taking a close look at NA index and currency performance combined with a USD/CAD intraday chart to spot what's next for American Markets.

13-05-2026 15:15 GMT by Elior Manier

Chart alert: Nasdaq 100 faces pullback risk as semiconductor rally shows signs of exhaustion

Nasdaq 100 surged to a fresh all-time high of 29,390 as semiconductor and AI-related stocks continued to fuel the rally. However, growing signs of bullish exhaustion in the semiconductor sector, particularly within the SOXX ETF, are raising the risk of a short-term corrective pullback. Bearish RSI divergence, stretched price action above the 20-day moving average, and elevated volatility conditions suggest the Nasdaq 100 may face a minor mean reversion decline below the 29,505/615 resistance.

13-05-2026 05:34 GMT by Kelvin Wong

Asia open: US inflation reaccelerates to 3.8%, and chip stocks falter

US inflation surged to 3.8% in April, the highest level in three years, wiping out Federal Reserve rate cut expectations and pushing Treasury yields and the US dollar higher. Meanwhile, semiconductor stocks sharply reversed after a massive six-week rally, dragging the Nasdaq 100 lower. USD/JPY climbed toward the key 157.90 intervention risk level as traders monitored possible Japanese authorities’ action amid rising market volatility and fading US-Iran peace hopes.

13-05-2026 02:01 GMT by Kelvin Wong

Gold (XAU/USD) rises slow and steady – In-depth Gold technical analysis

Gold (XAU/USD) update: Gold (XAU/USD) remains remarkably resilient, consolidating within a wide $4,500 to $4,900 range despite a hot US CPI print and a surging Dollar. As the metals complex digests China’s 45-month high inflation and pivots toward the high-stakes Trump-Xi summit, explore our in-depth technical analysis for Gold’s next major move.

12-05-2026 20:16 GMT by Elior Manier

The US Dollar rallies back after CPI, is the correction is over ? – EUR/USD, GBP/USD & Dollar Index (DXY) overview

Forex Market update: The US Dollar rallies sharply as domestic inflation beats expectations and geopolitical uncertainty persists. As EUR/USD and GBP/USD reverse their recent gains amid triple-digit oil prices and fading peace hopes, explore our technical analysis to determine if the Dollar's correction is officially over.

12-05-2026 14:25 GMT by Elior Manier

Chart alert: WTI crude is poised for a potential volatility bullish breakout above $102.54/bbl

WTI crude oil is approaching a potential bullish volatility breakout above the key $102.54 resistance level as fading US-Iran peace prospects and prolonged Strait of Hormuz disruptions continue to tighten global energy supplies. Oil remains one of 2026’s top-performing asset classes, with WTI futures up 42% since late February. Technical indicators including bullish candlestick formations, suggest further upside risks towards 108 before 116/119.

12-05-2026 11:29 GMT by Kelvin Wong

Chart alert: Nikkei 225 bullish run is facing minor exhaustion below 64,145

The Nikkei 225 rallied to a fresh all-time high of 63,788 after a powerful technology-led surge driven by SoftBank Group and Murata Manufacturing. However, technical indicators now signal growing exhaustion risks beneath the 64,145 resistance level. A developing bearish Head & Shoulders formation, combined with RSI bearish divergence and Elliott Wave analysis, suggests the Japanese benchmark may enter a short-term corrective pullback despite its broader medium-term bullish trend remaining intact

12-05-2026 05:04 GMT by Kelvin Wong

Asia open: Stocks hit new highs on AI optimism as US-Iran ceasefire hangs by a thread

Global stocks surged to new record highs as AI optimism continued to dominate market sentiment despite escalating concerns over the fragile US-Iran ceasefire. The Nasdaq 100, S&P 500, Nikkei 225, and KOSPI extended gains while semiconductor shares and AI infrastructure themes remained key drivers. Meanwhile, rising oil prices and stronger inflation expectations lifted Treasury yields and reinforced a hawkish Federal Reserve outlook ahead of the crucial US CPI report.

12-05-2026 01:00 GMT by Kelvin Wong

Silver (XAG/USD) is in breakout mode, pushing above $85 – In-depth Silver technical analysis

Silver (XAG/USD) update: The Grey metal officially enters a major breakout phase, surging 7% to clear the $85 handle. Decoupling from Gold's typical lead and fueled by signs of an industrial recovery in China, Silver is reclaiming its role as a high-demand industrial asset. Explore our in-depth technical analysis for XAG/USD.

11-05-2026 19:46 GMT by Elior Manier

Tech does not wait on CPI and Geopolitics – Dow Jones, Nasdaq and S&P 500 CPI Levels

S&P 500, Dow Jones, Nasdaq Analysis and Trading Levels: US stock benchmarks settle into a cautious range as markets brace for tomorrow's high-stakes CPI report. Despite a weekend diplomatic stalemate between the US and Iran and steadily rising oil prices, the "China Summit" optimism continues to bolster the Nasdaq and S&P 500. Explore our pre-CPI technical analysis of the major indexes.

11-05-2026 16:31 GMT by Elior Manier

Asia open: US futures dipped as US-Iran peace deal hopes dimmed

US futures slipped in early Asian trade as optimism surrounding a US-Iran peace agreement faded after President Trump rejected Tehran’s latest proposal. Meanwhile, a stronger-than-expected US jobs report reinforced expectations that the Federal Reserve will keep interest rates elevated through 2026. Despite geopolitical uncertainty, AI-driven market momentum remains strong, with semiconductor stocks, hyperscaler capex, and industrial AI investments continuing to support global equity markets and

11-05-2026 01:24 GMT by Kelvin Wong

Copper near record highs. Market fears supply constraints and bets on strong demand

Copper prices are approaching record highs as investors focus on long-term demand from artificial intelligence, power grids and clean energy, while supply risks grow due to sulfuric acid disruptions, weaker output in Chile and new strategic mining projects in Congo.

08-05-2026 19:33 GMT by Krzysztof Kamiński

Are metals overdue for a rally? – Silver (XAG/USD) & Gold (XAU/USD) Outlook

XAU/USD, XAG/USD Outlook: Precious metals show signs of a bullish awakening as the traditional inverse relationship with crude oil begins to fade. With Copper breaking year-to-date highs and Gold printing a massive weekly hammer candle, the "war-driven" bear trend appears to be exhausting. Explore our intraday technical analysis of XAU/USD and XAG/USD to identify key breakout levels.

08-05-2026 19:21 GMT by Elior Manier

Tech continues to pull Stock Markets higher, S&P 500 at 7,400 – Dow Jones, Nasdaq and S&P 500 Intraday Levels

S&P 500, Dow Jones, Nasdaq Analysis and Trading Levels: Tech stocks propel the Nasdaq and S&P 500 to new heights as investors ignore geopolitical noise in favor of AI-driven growth. Despite diverging labor data and weak consumer sentiment, the bull run remains relentless. Explore critical technical levels for the major US indexes.

08-05-2026 16:25 GMT by Elior Manier

Mixed feelings after the April Non-Farm Payrolls beat and Consumer Sentiment miss – Market Check

Global Markets update: US equities remain stoic following retaliatory strikes on Iranian energy hubs and a solid NFP beat of 115K. Despite a miss in consumer sentiment and higher inflation expectations, the cold-truce narrative persists. Explore our intraday market outlook and technical levels for the weekend

08-05-2026 14:11 GMT by Elior Manier

Chart alert: Nasdaq 100 bulls still in control above 28,280 key support amid US-Iran tensions

Nasdaq 100 holds bullish structure above 28,280 support despite US-Iran tensions, with healthy market breadth and technical signals pointing to further upside. After a brief 1.3% intraday pullback, the index recovered as sentiment stabilised on ceasefire reassurances. Market breadth remains healthy with 61% above 20-day MA and 57% above 200-day MA, suggesting broader participation beyond mega-cap AI leaders. Technicals support continuation within an ascending channel toward 28,860–29,615

08-05-2026 08:56 GMT by Kelvin Wong

Chart alert: GBP/USD potential bullish reversal above 20-day moving average

GBP/USD is showing signs of a potential bullish reversal as sterling remains supported above key technical levels despite renewed US-Iran tensions. Traders are closely watching the US non-farm payrolls, unemployment rate, and Michigan consumer sentiment data for fresh directional cues. Intermarket analysis suggests the Bank of England may stay more hawkish than the Federal Reserve, while technical indicators point to strengthening upside momentum toward the 1.3640/3665 resistance zone.

08-05-2026 05:37 GMT by Kelvin Wong

Asia open: Global markets jolted by US-Iran ceasefire violation, and traders brace for NFP

Global markets turned volatile after reports of a US-Iran ceasefire violation triggered renewed geopolitical fears ahead of the closely watched US non-farm payrolls report. Oil prices rebounded sharply above key levels, while equities pulled back from record highs as traders reassessed stagflation risks and central bank policy expectations. Asian markets weakened amid rising energy concerns, with the Nikkei 225 at risk of a short-term corrective decline from overbought conditions.

08-05-2026 04:23 GMT by Kelvin Wong