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In financial markets, credibility is built through the quality of the information you deliver, the analysis you provide and the audience you reach. This is what investingLive, formerly ForexLive built over the years. 

US Treasury Secretary Bessent has just hired Judy Shelton as adviser. She's an economist who was nominated to the Federal Reserve Board by President Donald Trump in 2019 and has shared posts from investingLive on her X account in the past.

Shelton has spent years involved in discussions about monetary policy, central banking and the international monetary system. While her sharing of investingLive articles does not imply an endorsement, it highlights how professional and trustworthy market coverage can reach people with…

In the morning video above, I take a look at the three major currency pairs—EURUSD, USDJPY and GBPUSD—from a technical perspective. For each pair, I outline the bias, the risk-defining levels and the targets that would give either the buyers or sellers more control.

The U.S. dollar is mixed and little changed to start the North American session. The greenback is strongest against the Japanese yen and weakest against the Australian dollar. Against the other major currencies, the changes are modest.

U.S. stock futures are pointing higher, led by the Nasdaq 100. Crude oil is lower and back between its 100- and 200-hour moving averages, while Treasury yields have edged higher. Gold, silver, copper and Bitcoin are also advancing.

Middle East…

FUNDAMENTAL OVERVIEW

The S&P 500 has been under pressure in the last couple of days as geopolitical tensions increased following reports indicating that Trump was weighing strikes against Iran before the midterm elections.

Yesterday, we saw a rebound after Trump said on Truth Social that the US was having productive discussions with Tehran and would not attack Iran before the midterm elections.

Markets reacted by unwinding the escalation premium, with oil prices, Treasury yields and the US dollar all falling after Trump's post, improving the risk sentiment and giving the S&P 500 a boost.

Looking ahead, Iranian Foreign Minister Araghchi said yesterday that Iran …

Headlines:

• Oil prices ease as traders unwind the escalation risk premium after Trump rules out strikes on Iran
• Gold erases its weekly losses as Trump rules out attacks against Iran before the midterm elections
• Economic data spotlight: US inflation expectations in focus in today's Michigan consumer survey

Markets:

• 10-year Treasury yields up 2 bps to 5.25%
• WTI crude down 0.9% to $90.68
• Gold up 1.1% to $4,180
• AUD leads, JPY lags on the day
• European stocks higher; S&P 500 futures +0.4%
• Bitcoin up 0.8% to $82,443

It was a relatively quiet session as markets took in the calm after the retreat in bond yields from trading late yesterday.

While US president Trump said he might put off attacks against Iran until after the midterm elections, it just means that…

FUNDAMENTAL OVERVIEW

Solana’s selloff this week was primarily driven by broader crypto market weakness amid escalating geopolitical tensions, rising oil prices and deteriorating risk sentiment. There were no clear signs of a major negative network-specific development driving the decline.

Looking ahead, key Solana-specific catalysts include the Alpenglow consensus upgrade, which aims to reduce transaction finality to around 150 milliseconds. The upcoming Solana Breakpoint conference on the 15th of November could also bring new announcements on partnerships and ecosystem development.

Yesterday, Solana rebounded alongside other cryptocurrencies after Trump said the US…

Have you ever looked at a piece of economic news and thought that "surely markets are going to react to that", only to find that there was absolutely no reaction to it? Or even perhaps something stranger. Like when bad news hits the wires and everyone starts talking about how stocks are going to suffer. And yet, Wall Street somehow manages to finish the day higher instead.

So, what gives?

Here's something I've learned from trading markets over the years. Sometimes, what prices refuse to do can tell us just as much as what they actually do.

That sounds a bit convoluted. So, let's take an example of a hotter-than-expected US CPI report. In the current market environment, you would expect stocks to fall as traders start worrying about the Fed…

FUNDAMENTAL OVERVIEW

The risk premium that traders had started pricing in after reports of potential US strikes on Iran before the midterm elections, is being unwound after yesterday’s de-escalation.

In fact, Trump said on Truth Social that the US was having productive discussions with Tehran and would not attack Iran before the midterm elections.

This was a good example of how markets work. They price and reprice future expectations based on the incoming information. The escalation risks triggered a strong rally in crude oil on expected retaliations and disruptions, while the de-escalation reversed the earlier expectations and traders unwound their hedges or…

IC – Asia Fundamental Forecast | 09 October 2026

What happened in the U.S. session?

The U.S. session was driven mainly by oil-market volatility, persistent inflation concerns, and expectations of further Fed tightening. Jobless claims came in slightly better than expected, reinforcing the view that the labor market remains resilient. The Nasdaq and S&P 500 fell as technology stocks weakened, while natural gas declined after a larger-than-expected inventory build.

What does it mean for the Asia Session?

Asian traders should prepare for a session driven mainly by US monetary-policy expectations, high oil prices, and pressure on technology stocks. With relatively few major Asian economic releases, the direction of the dollar, Treasury…

Well, here we go again. Chatter on yen intervention has quiet down for a bit in the past two weeks, but next week will serve as an opportunity for Japanese and US officials to put the issue back on the table.

All eyes will turn to Bangkok as US Treasury secretary Bessent and Japan finance minister Katayama will be heading to Thailand for next week's IMF and G20 meetings. And BOJ governor Ueda has also just confirmed his own attendance, adding another familiar face to the mix.

I'm not saying that we're about to see another coordinated intervention effort just because everyone happens to be in the same city. But given what's been happening between Washington and Tokyo in recent months, I certainly wouldn't dismiss the possibility of more…

FUNDAMENTAL OVERVIEW

Bitcoin rebounded yesterday and overnight after Trump said on Truth Social that the US was engaged in productive discussions with Tehran and ruled out US strikes against Iran before the midterm elections.

The comments eased geopolitical concerns, triggering a pullback in oil prices, Treasury yields and the US dollar. This helped reverse some of the macro headwinds that had weighed on Bitcoin, while a weaker dollar provided additional support.

The move was driven by geopolitical de-escalation and improving risk sentiment rather than a crypto-specific catalyst.

Looking ahead, markets will focus on Iran’s response to Washington’s proposal, which Foreign Minister…

US Markets Mixed as Oil Prices Surge – Nasdaq Falls 1.25%

US equity markets finished mixed yesterday as renewed concerns over an escalation of the conflict in the Middle East weighed on investor sentiment, particularly across the technology sector. The Dow Jones managed a modest gain of 0.10% to close at 51,231, while the S&P 500 declined 0.47% to finish at 7,765. The Nasdaq experienced the heaviest selling pressure, falling 1.25% to close at 27,193 as investors continued to assess the implications of rising energy prices and ongoing geopolitical uncertainty.

US Treasury yields moved lower across the curve, with strong demand for longer-dated bonds, particularly the 30-year Treasury at the latest auction in the New York session. The…