14 August 2023 – 09:03 Central Euro Time

Copper and Oil commence the week at present below today’s Neutral Zones; the balance of BEGOS Markets are within same, and volatility is mostly light. The Gold Update emphasizes that ’tis not just the yellow metal that’s been in decline, but — save for Oil — all the BEGOS components have been falling as the Dollar firms, notably so their “Baby Blues” (see Market Trends). Specific to Oil, again mind its “Baby Blues” to crack below their +80% axis as this week unfolds, (which in turn would suggest lower levels for price). This is the final week of Q2 Earnings Season; and whilst the Econ Baro is quiet today, it awaits 14 incoming metrics tomorrow through Thursday.