02 October 2023 – 09:07 Central Euro Time

The BEGOS Markets begin October on a mixed note. At present, we’ve the Bond, Gold and Silver below today’s Neutral Zones, whilst above same are the Swiss Franc, Copper and the Spoo; volatility is moderate. The Gold Update confirms the yellow metal’s weekly parabolic trend as having flipped to Short; and as anticiapted, such trend for Silver today has provisionally flipped as well to Short. Oil continues to flirt with its 90 handle: at Market Trends, Oil’s “Baby Blues” are slowly slipping lower; and at Market Values in real-time, Oil is +7.36 points above its smooth valuation line; price has not been below such line since 03 July, (price then 69.53 vs. today’s 91.24). The Econ Baro awaits September’s ISM(Mfg) Index and August’s Construction Spending.