[GVI Forex 2]

In our blog

You Can’t Beat the News Algos So Stop Trying

[GVI Forex 2]

COMING UP: Data: Norwegian CPI (Sep), Canadian Jobs Report (Sep), US University of Michigan Consumer Sentiment Prelim. (Oct). Speakers: ECB’s Cipollone, Schnabel; Fed’s Collins. Supply: Australia. Earnings: Delta Air Lines. Credit Ratings: S&P on the UK.

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

US Market Wrap: Stocks hit on AI concerns while oil rallies despite Trump pushback on pre-election strikes

SNAPSHOT: Equities mixed, Treasuries up, Crude up, Dollar down, Gold up

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR: The dilemma

Here’s the dilemma…Momentum shifting to the downside vs. a history of short-lived retracements followed by new highs.Looking at the chart, support starts at 30595 tested (low 30575), above which focus stays on 31K. The level bulls do not want to see broken is 30000-30100. Price action suggests there may have been some portfolio shifts from stocks (down) into bonds (up. yields down)

[GVI Forex 2]

US500 (SP500) 4 HOUR

Retracement from the record 7845 high (low 7732) now dependent on 7700-07 holding to limit the downside.

On the other side, back above 7800-08 would be needed to negate the risk.

 

[Adam Global]

US dollar index is struggling to break the previous peak at 102.30 but maintains its short-term upward momentum.

[GVI Forex 2]

US yields slipping further after 30-year auction, more than reverrsing earlier highs…FX paying some notice (EURUSD back above 1.12) but so far not helping stocks

[GVI Forex 2]

BTCUSD (BITCOIN) DAILY: Will 80K hold?

Break of a 3+ week range bottom (82465) leaves it dependent on 80K holding as break would put to rest thoughts of 87K and shift the risk to 75K.

[GVI Forex 2]

Stocks taking a hit oin this report, led by AI related names

OpenAI’s annualised revenue is about USD 20bln less than has been previously signalled, FT reports, citing sources  (Newsquawk)

[GVI Forex 2]

Why interest rates matter, especially when markets are correlating

US yields fell => EURUSD firmed then yields rebounded => EURUSD fell back (same for other currency pairs) … 1.12 still pivotal (magnetic?)

Equities trading similar.

[GVI Forex 2]

Starbucks falls sharply on this report

Starbucks (SBUX) has explored a potential takeover of Chipotle (CMG), FT reports; sources say talks may not lead to a transaction given the complexity of combining the two consumer giants (Newsquawk)

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[GVI Forex 2]

US500 (SP500) 4 HOUR: Contained so far

Extending retreat from the record 7745 high  (note 3 blue lines) after failing to hold above 7800 but risk to 7700-07 contained if 7750 (on this CFD chart) holds. If not, clear path to 7700-07.

To negate the risk, 7800-08+ would be needed.

 

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR: Support vs. FIBOS

So far, retreat from the record high has held dead on at 38.2% (30895). For momentum to build, there needs to be a clean break below 30916. Otherwise, downside contained and 31K remains pivotal. Note, US bond yields well off earlier highs (flatter curve) so far giving some modest support.

 

 

[Adam Global]

ẞTCUSD suffered a sharp flash 📉crash to 82,500 after failing to break past 87,000📉 resistance

[Adam Global]

Oil 🛢 found📈 support just below $90/🛢 now everyone is hoping 🙏 $95/🛢 or $100/🛢 becomes resistance 📉 because the strategy of releasing reserved oil 🛢 won’t hold out much longer

[GVI Forex 2]

US PRE-MARKET MOVERS: Mag-7, TSM, AVGO, WOLF, LEVI, PEP, ARGX, CRGY/DVN, VTRS/PCRX, Samsung Electronics ES -0.4% NQ -0.7% RTY -0.9%

[Adam Global]

EURUSD is edging lower 📉 towards 1.11500 maybe unemployment claims could push it below 1.11500 or back to 1.12000

[Adam Global]

GOLD 📈 is retracing yesterday’s drop 📉 but since the bearish channel is holding GOLD down more sell is expected

[GVI Forex 2]

Wall Street winces at bond squeeze

Stock markets finally stalled on Wednesday and early Thursday as the bond crunch ground on, with the latest Federal Reserve minutes showing most policymakers in September saw more interest rate rises ahead.

10 year yield (watch for correlations)

30 year yield

 

[GVI Forex 2]

Snapshot: Bonds, Energy, Metals, Cryptos

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Snapshot: Stocks and Forex

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Newsquawk Daily US Opening News – 8th October 2026

[GVI Forex 2]

XBRUSD DAILY 4 HOUR (CFD CHART): Depleted strategic reserves factor

This headline caught my eye today: The world has nearly burned through its oil stockpile buffer, executives say and that depleted buffer reserves have raised the price of oil’s floor (key for trading is whether it will be above or beloow $100).

[GVI Forex 2]

France vs. Germany 10-year bond yield spread

Remains a weight on the EURUSD but below the 152bps  peak set on Monday

[GVI Forex 2]

USDJPY DAILY: 6 days in a row

Extending pattern around 158 to 6 days in a row, this time after test of the downside paused/bounced from above 157.50.

The longer this pattern goes on the greater the risk oif a directional move once it is broken )i.e. 158 becomes support or resistance

[GVI Forex 2]

XAUUSD 1 HOUR –Is the low in or just a pause?

As noted yesterday, big spike down to 4066 (stops) and quick bounce shows potential for a low or at least a pause To make it more than just a pause and for momentum to build off higher lows, 4143 and the (3 point) trendline would need to be taken out, followed by a break of 4170-84. Otherwise, 4100 likely to be pivotal in setting its tone.

[GVI Forex 2]

Market Update: Risk off

Firmer oil => firmer yields => Weaker stocks => USD up but modestly so far (EURUSD 1.12 clearly pivotal, consolidating while above 1.1161-64 lows but at risk while below 1.12.

[GVI Forex 2]

In our blog

Can AI Find the Trading Holy Grail or Is Simpler Better?

[GVI Forex 2]

COMING UP: Data: German Trade Balance (Aug), US Initial Jobless Claims (Oct/03), Atlanta Fed GDP (Q3) Events: ECB Minutes (Sep), UK Holborn and St Pancras parliamentary by-election Speakers: US President Trump; ECB’s Lane; BoE’s Greene, Bailey, Lombardelli; Fed’s Waller, Kashkari, Musalem Supply: Japan, US Earnings: PepsiCo

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

US Market Wrap: Stocks slide and yield curve steepens as oil reverses from peaks SNAPSHOT: Equities down, Treasuries steepen, Crude down, Dollar up, Gold down

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