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US PRE-MARKET MOVERS: GS, LEG, TLX, ON, BX, SNDK, BKR, CSGP, BBY, GFL, REPL
<p style=”text-align: center;”>Source: Try Newsquawk free for 7 days</p>
This Week’s Market-Moving Events
The coming week could be one of the most important of 2026 for the global economy. China, Europe, and the United States are all releasing data that may show the first major economic fallout from the Iran conflict and higher energy prices. Investors will be watching for signs that inflation is accelerating again while growth slows. The Fed’s Beige Book and U.S. producer price data may provide the clearest early warning of whether the economy is sliding toward stagflation. (Econoday)
XAUUSD (GOLD) 4 HOUR
Bounce from opening gap came close to filling it (4740 high vs. 4749 Friday close).
This followed a pause above 4600 (low 4632) to maintain the bottom of the current range to 4857, providing bulls with some confrt.
In any case, above 4750 is what would be needed to put 4800 back on the radar..
Forex Market Snapshot
The dollar is trading firm but off opening gap highs after pausing above EURIUSD 1.1643, USDJPY below 160, GBPUSD at 1.3380 while AUDUSD has bounced back above.
It should not be a surprise to see some caution given how many headline whipsaws there have been since the start of the conflict while uncertainty should put a floor under oil and thus the USD as well.
<p style=”text-align: center;”>Possible but not probable? In any case, markets hate uncertainty.</p>
<p style=”text-align: center;”>Source: Try Newsquawk free for 7 days</p>Market Update
Gaps: Oil (up), USD (up) Stocks (down) Gpld (down)
XTIUSD (WTIUSD) 4 HOUR
Higher gap open puts bulls back in charge but given so many headline whipsaws, there mat be some caution chasing too far waiting to see how events unfold.
Chart: While key supports are at 102.86 and 95.51, $100 is more important in keeping the bid and risk back on the upside where geopolitics will dictate how far it can run.
In our blog
Newsquawk Week Ahead Highlights (and Week in Review)- 11-17th April 2026
BTCUSD (BITCOIN) DAILY
Momentum tilting up with a bid as long as 70K+ trades but…
… while everyone seems to be talking about 75K, it is the 76K level that holds the key to whether this is just a swing in the range or whether there will be more to it.
Otherwise, watch the risk on/off mood as this seems to be driving the direction.
In our blog
Brent vs WTI: Which Crude Oil Benchmark Should Traders Follow in a Volatile Global Market?
The global oil market has entered a highly event-driven phase, leaving traders questioning whether Brent or WTI crude should serve as the primary benchmark. Traditionally, Brent crude has been viewed as the global pricing standard, while WTI has reflected U.S. domestic conditions. However, recent geopolitical and supply dynamics have blurred these distinctions, making the choice far less straightforward. With the price of oil driving all global markets, choosing the benchmark to follow is important for all global traders.
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