EU and US Economic Deterioration: EURUSD, Gold, and Oil Analysis | Market Opportunities

Join us for an insightful session with Clifford Bennett, Chief Economist at ACY Securities, as he unpacks the latest overnight economic data and its impact on key assets like EURUSD, Gold, and Oil.

Join us for an insightful session with Clifford Bennett, Chief Economist at ACY Securities, as he unpacks the latest overnight economic data and its impact on key assets like EURUSD, Gold, and Oil.

In today's episode, we discuss the concerning trend of economic deterioration in the EU and the US. With the United States Dallas Fed Manufacturing Index reporting its 12th consecutive monthly decline, Clifford sheds light on the potential underlying issues in the US economy that may be steering us towards an economic meltdown.

But here's the twist – while it may be a topic many shy away from, this economic downturn could be unveiling significant market opportunities. Clifford Bennett explores the implications and opportunities arising from these economic challenges, providing you with valuable insights that can shape your trading decisions.

Stay informed and stay ahead in the world of finance with ACY Securities. Don't miss this episode that could help you uncover hidden opportunities in today's markets.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

ACY Securities
Type: STP, ECN, Prime of Prime, Pro
Regulation: ASIC (Australia), FSCA (South Africa), FSA (SVG)
read more
US Yields Rise Despite Buybacks; Eyes on ECB Hike

US Yields Rise Despite Buybacks; Eyes on ECB Hike

Tensions escalated as the U.S. and Iran engaged in the largest maritime exchange in six months near the Strait of Hormuz, pushing Brent crude above $100/bbl. U.S. equities remained under pressure, Treasury yields rose even after the Treasury tripled long‑term bond buybacks, and a softer dollar supported gold.
ATFX | 1 day ago
US Treasury Triples Long-Term Bond Buyback Size

US Treasury Triples Long-Term Bond Buyback Size

🚨 Iran attacks 10 vessels near Hormuz after US sinks 5 Iranian tankers — biggest shipping clash of the conflict. Brent tops $100 to $101.21, WTI at $96.05. Goldman warns $120 oil possible. 10Y yields hit 4.85%, highest since Nov 2023. Gold rises 1.5% to $4,418. ECB hikes 25bps today. PPI due.
CPT Markets | 1 day ago
The euro is banking on the ECB

The euro is banking on the ECB

The euro is rising on expectations of an ECB tightening cycle, but Lagarde’s cautious stance and a possible decline in US Treasury yields could trigger a sell-off in EURUSD.
FxPro | 2 days ago
Yen Hits 6-Month High, Volatility Returns After North American Holiday.

Yen Hits 6-Month High, Volatility Returns After North American Holiday.

US markets were closed yesterday for a bank holiday, limiting overall market activity. The US dollar weakened as the Japanese yen surged, while crude oil extended gains amid escalating tensions in the Middle East. Iran warned it could target energy infrastructure across the region if the US launches further attacks on Iranian assets.
ATFX | 3 days ago