08 May 2023 – 09:08 Central Euro Time

The Euro, Swiss Franc, Copper and Oil all are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is mostly light. The Gold Update graphically highlights the yellow metal’s near miss at making an All-Time High this past Thursday, but that price’s trend remains up such as to anticipate the threshold being broken as the current weekly parabolic Long trend continues to unfold. Oil, which traded as low as the 63s this past week, sees its price (now 72.08) nonetheless some 5 points below its smooth valuation line (see Market Values). The Econ Baro starts its week with March’s Wholesale Inventories.