12 September 2023 – 09:10 Central Euro Time

At present, the Euro is the only BEGOS Market outside (below) its Neutral Zone for today; session volatility is mostly light. As tweeted (@deMeadvillePro) last Thursday and reprised in the current edition of The Gold Update, Market Ranges (with the exception of the Spoo) have noticeably narrowed of late, such as to give thought for expansive moves in the near-term balance, (especially it being the September/October period): tis well worth minding the Market Ranges page, certainly so when considering prudent cash management. At Market Rhythms, our most consistent on a 10-test swing basis is again the Euro’s daily MoneyFlow study; on a 24-test swing basis, the best of the bunch is the Bond’s 2hr Price Oscillator. The Econ Baro remains quiet with both retail and wholesale inflation data due in the ensuing two days.