16 January 2024 – 09:16 Central Euro Time

Into the second day of the BEGOS Markets’ two-day session we’ve now the Bond, EuroCurrencies and Spoo all to the weak side; Copper is the sole component at present above its Neutral zone. Volatility is moderate-to-robust given it being a double-session, the Swiss Franc leading the ranginess with a 109% tracing of its EDTR (see Market Ranges). Quietest of the bunch is Gold, thus far with just a 51% tracing: again per the current edition of The Gold Update, the yellow metal is biding its time within a broader rising price environment. At Market Trends the following are now sporting negative 21-day linregs: the Bond, Gold, Silver, Copper and Oil, and it remains that the “Baby Blues” of trend consistency are all in descent. The Econ Baro’s week begins with January’s NY Empire State Index.