- US Dollar still weak, all about key levels now.
- Sterling stronger.
- Bitcoin falls back to $27K. US stocks, set to open a lower today based on futures.
- S&P 500 Index still has work to do to get back above previous 4,200 point high.
- US markets still below their weekly clouds.
- UK market failing to make a new high, same for the DAX.
- Asia mixed overnight.
- Japan looking strong, HK and China fall.
- Gold holding the $2,000 level more convincingly now, consensus is we will go to $2,500 – medium term targets short of that.
- US Bond yields a tussle between the medium and long term trends.
- Energy – Crude Oil falling back again after big falls last week.
- Carbon steadies after break to new lows!
- Watch the targets.
- European Gas gives up early morning gains – short price targets.
- German Power stuck in daily trading range.
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Originally Posted May 9, 2023
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