Tightening markets after the federal statement and new definitions

The US President announced a number of new fees, including 10 % minimum and 15 % for countries that have a trade surplus with the United States. American stocks were corrected from the summits as a result, as the S&P 500 and NASDAQ pushed more than 1 % of the concerned summits.

The total overall feelings turn into the most strict monetary policy expected in September: After the strong GDP data and the Jerome Powell Press Conference, the interest rates in September are about 4.25-4.5 (60 % of traders betting on this scenario according to Fedwatchtoll), indicating the mysterious situation about inclusion.

The bond revenues settle for 30 years in the United States around the achieved levels. The total situation provides some pressure on periodic assets and raises the capital to return to safe havens and rotate from speculative tools to the US dollar.

Along with the US dollar, the Japanese yen is also gaining strength, as bonds are kept for 30 years from Japan in the highlands. Other “safe havens”, such as the Swiss franc, for example – flexibility does not appear in today’s markets.

The market entered the last summer month, August. It is usually considered a month with low fluctuations, but in the case of unexpected geopolitical events, volatility may come early in September.

US President Trump announced a deadline for Russia-Arkin’s conflict on August 8 (the end of next week) and pressed India and China to impose more customs tariffs in the event of purchasing oil from Russia. This position adds some uncertainty to the global energy markets, which we notice in the form of increased raw oil.

Crude The top climbs towards the peak of Bollegerer: the upper limits of the technical trading group. Oil is a tool that relies on momentum, that is, it can continue to collapse, but given the main retreat trend, the penetration may have a little chance to continue.

One can monitor excessive penetration and nails to the gray zone (potential resistance area): If the area rejects, the medium recovery trade may be with the return of the price to the range (and the multiplication of $ 60 later during the year) is a preferred option.

gold It is pushed down in the declining US dollar and tight returns from the treasury bonds for 30 years, but the general main trend may still be bullied.

To continue climbing above, it needs an operator or a transformation in the narration. The latter is unlikely, but it may find a technical operation with a height to the negative side, as shown in the scheme.

If the responsive purchase activity is visible, we may notice that gold belongs to the range.