
Scope Markets
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π«΅ Trade like you π Trade FX, CFDS on metals, shares & more π§© Great pricing on fractional shares CFDs Follow for breaking market news, market analysis & more
Joined May 2016
π¬ #WTI continues to slip following the breakthrough that looks to see a ceasefire and prisoner swap in Gaza. With tensions easing, πΊπΈ US crude heads towards the $60 mark which hasn't been seen since May. Watch out π for horizontal & Fibonacci support below. *Not an
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Market Comments 10/10: π¬ Gold slipped about 1.60% in yesterdayβs session after #Trump announced an Israel-Hamas ceasefire deal. Markets reacted positively, sensing relief following two years of heightened geopolitical tensions in the Middle East. *Not an investment advice.
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π Market Watch: Friday The week wraps up with key Canadian labour market data, including the unemployment rate, an important input for the Bank of Canadaβs policy outlook. Meanwhile, #Fed official Musalem delivers the final scheduled remarks of the week, and the U.S. monthly
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π¬ U.S crude oil continues its upward momentum, trading around $63.00. Markets are reacting to #OPEC's decision to implement a production increase of just 137k barrels per day for November, significantly below the anticipated 500k bpd β½οΈ. *Not an investment advice. Trading
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Market Comments 10/9: π¬ Asian-Pacific markets traded positively, with the #KOSPI leading gains for the second consecutive day, rising 2.70%. The #Nikkei225 followed closely, up 1.77% π. Meanwhile, #gold remains firm above $4,000 π° mark after successfully retesting it as
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π Market Watch: Thursday Markets turn to Europe πͺπΊ today with the release of the #ECBβs monetary policy meeting minutes, potentially offering a deeper look into the central bankβs rate path. In the U.S. session, all eyes will be on #Fed Chair Powellβs speech π, accompanied by
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π¬ #EURUSD pair has declined below 1.17, marking a break below the lower boundary of the ascending price channel. If the pair holds below 1.1650, we may see further downside toward the next level 1.1460, which represents the nearest technical target. *Not an investment advice.
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Market Comments 10/8: π¬ #Gold surges to the $4,000 level, supported by heightened uncertainty surrounding the US government shutdown, political instability in France π«π·, and expectations of a pro-stimulus policy stance in Japan π―π΅. *Not an investment advice. Trading carries
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π¬ EUR/CHF edged lower as escalating political turmoil in France weighed on the Euro. The currency came under broad pressure following the resignation of Prime Minister Lecornu, who stepped down just 27 days after taking office, deepening the countryβs political crisis. *Not an
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π Market Watch: Tuesday Another relatively quiet session in Europe, with limited economic data on the calendar. Attention shifts π to the U.S later in the day, where several speeches from #Fed officials, including Bostic, Bowman, Miran, and Kashkari, could offer insights
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π Market Watch: Tuesday Another relatively quiet session in Europe, with limited economic data on the calendar. Attention shifts π to the U.S later in the day, where several speeches from #Fed officials, including Bostic, Bowman, Miran, and Kashkari, could offer insights
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π New Week, new Market Watch: β’ US πΊπΈ government shutdown rolls on β’ Will Canadian jobs π¨π¦ report see the unemployment rate rise further? β’ Central bank commentary key in week that sees π #FOMC minutes *Not an investment advice. Trading carries risk.
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Let's prepare for the week ahead. π Take a look at the most important upcoming Economic Events! βΆοΈ Join us on YouTube for a full market analysis for the week ahead by Chief Market Analyst, @JoshuaMahony. - #What2Watch | #MarketCalendar | #MarketOutlook
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