05 October 2023 – 09:01 Central Euro Time

With EDTRS (see Market Ranges) having ramped up of late, the BEGOS Markets are notably subdued this morning, all eight components at present within their respective Neutral Zones for today; volatility is light-to-moderate. As tweeted (@deMeadvillePro) last evening, Oil (the Market Trends sell signal via the “Baby Blues” having come 7 trading sessions ago on 26 September, albeit price initially zooming higher still into the 95s) has finally come off down into the 84s; price has thus finally returned to its smooth valuation line (see Market Values). As for Gold, currently 1836, ’tis (in real-time) -107 points below its smooth valuation line. Today’s incoming metrics for the Econ Baro include August’s Trade Deficit.