07 March 2024 – 09:12 Central Euro Time

Gold is ticking over marginal highs: presently 2164, the fresh All-Time High is now 2169. The yellow metal along with Copper are both at present above today’s Neutral Zones; below same is the Spoo, and BEGOS Markets volatility is mostly light, save for Gold having traced 70% of its EDTR (see Market Ranges) to this point. All five primary components (Bond/Euro/Gold/Oil/S&P) through last evening are in positive correlation with one another. The Econ Baro looks to metrics including January’s Trade Deficit and Consumer Credit, along with revisions to Q4’s Productivity and Unit Labor Costs. FedChair Powell completes his Humphrey-Hawkins Testimony today before the Senate Banking Committee.