07 August 2023 – 09:04 Central Euro Time

The Spoo is the sole BEGOS Market at present above its Neutral Zone for today; below same are the Bond, Euro, Swiss Franc and Silver; volatility is light-to-moderate. The Gold Update — whilst depicting price nearing its “flip-to-Long” level by the weekly bars — is nonetheless duly cited as being in sync with the other primary BEGOS components, which save for Oil, are in near-term decline; too we review the S&P’s P/E as posied to revert to its mean, which from the current price level (4478) would be a “correction” of -27% toward the 3200s. The Econ appears starts its week late in the session with June’s Consumer Credit.