EUR/USD stays flat above 1.1700 after Trump-Xi meeting concludes
EUR/USD stays modestly flat above 1.1700 in European trading on Thursday. The pair moves little following the conclusion of the highly-anitcipated Trump-Xi meeting, with the US Dollar traders digesting the headlines coming out from the meeting. The focus is next on the US Retail Sales report.
GBP/USD holds above 1.3500 after UK GDP data
GBP/USD reacts little to the mixed UK GDP and industrial data, keeping its range above 1.3500 in the early European trading hours on Thursday. Traders now look forward to the US Retail Sales report, while assessing the headlines following the conclusion of day 1 of the Trump-Xi Summit.
Gold bounces back to near $4,700, focus shifts to US Retail Sales
Gold price bounces back to test $4,700 in early Europe on Thursday, following the Asian dip to near $4,670. The precious metal finds fresh demand, despite a broadly subdued US Dollar, following the conclusion of the meeting between US President Donald Trump-Chinese President Xi Jinping. The US April Retail Sales report will be in the spotlight later on Thursday.
Bitcoin slips below $80,000 as ETF outflows, profit-taking activity intensify
Bitcoin edges below $80,000 after being rejected by the key 200-day EMA supply zone earlier this week. Increasing profit-taking among investors adds to selling pressure.
DEEPER DIVE
Fed’s hawkish pivot may be closer than markets expect Premium
A 6% Producer Price Index print, the hottest in nearly four years, landed on a market that has spent most of 2026 quietly preparing for the wrong policy regime. The assumption being made by markets is that the Fed will not have the stomach to hike interest rates even if inflation keeps screaming higher.
India’s battle against Gold-related outflows could backfire Premium
Indian authorities have stepped up efforts to protect the country’s foreign-exchange reserves and stabilize the Indian Rupee. Gold purchases are one area in focus, but the crackdown on the precious metal could end up creating a bigger problem than the one it is trying to solve.
UK 30-year gilts hit 5.78%, the highest since 1998: what is being priced in? Premium
UK 30-year gilts traded as high as 5.78% on Tuesday, the highest level since 1998, while 10-year yields topped 5.10% with markets pricing in nearly three-quarter-point Bank of England (BoE) rate hikes this year.
CRYPTOCURRENCIES
Hyperliquid Price Forecast: Trendline break and bearish signals point to deeper correction
Hyperliquid (HYPE) extends its correction, trading below $39 after closing below the rising trendline earlier this week. Mixed signals from the derivatives markets put a lid on HYPE’s recovery.
Chainlink Price Forecast: LINK holds key support as on-chain and ETF demand strengthen
Chainlink is slipping toward the key support around $9.91 after declining nearly 5% so far this week. Despite the recent pullback, improving on-chain metrics with rising social dominance and trading volume suggest bullish sentiment may be building for LINK.
Crypto Overview: Bitcoin flashes further downside below $80,000 – Terra Classic and Toncoin lead decline
Bitcoin is trading below $80,000 at press time on Thursday, after three straight days of losses so far this week. The crypto market sentiment is losing risk appetite amid a bullish positional wipeout in the derivatives market.
STOCKS
Elliott Wave view: Nikkei Futures approaches end of cycle from March 2026 low
The short‑term Elliott Wave view in Nikkei Futures (NKD) shows the cycle from the March 30, 2026 low unfolding as an impulse. This sequence is now approaching completion. From that low, wave ((i)) advanced to 61,000, followed by a corrective decline in wave ((ii)) that ended at 58,651.
Nasdaq 100 rebound looks strong… or is it just a trap?
The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.
WEEKLY FORECAST
EUR/USD: Optimism may not last as tensions in the Middle East escalate Premium
The EUR/USD pair edged higher for a second consecutive week, flirting with the 1.1800 figure and settling nearby. Hopes for a deal between the United States (US) and Iran fluctuated throughout the week, but optimism prevailed despite the lack of progress.
NOK/SEK: Is the Nordic divergence only getting started? Premium
The RBI’s problem with the Indian Rupee has no easy fix Premium
Bitcoin: $82K rejection raises doubts over BTC rally durability
Bitcoin (BTC) pauses its recent rally, trading below $80,000 on Friday with modest weekly gains, as it struggles to break above a key overhead supply zone.
Week ahead – US inflation data eyed amid Iran peace hopes
Middle East headlines continue to dominate as hopes of deal grow. US CPI and retail sales data to fight for attention as Warsh takes office. UK Q1 GDP and BoJ meeting summary also on the agenda.
EDUCATION
Prop trading in the United States: Why more traders are looking at futures
The United States is a major financial market, but it is much more restrictive for retail traders who want to try prop trading. As a result, US traders face a different prop-trading environment than those in Europe, Asia, or offshore locations.
How to detect market mispricings and turn them into high-probability trades
On Monday, GBP/USD was climbing. Most traders looking at the chart saw a bullish move and were either already long or thinking about buying the pullback. But the fundamentals were telling a completely different story — the dollar should have been strengthening.
PRESS RELEASES
FM Singapore summit 2026 day 1 wrap-up: A strong debut in Asia’s leading financial hub
The FM Singapore Summit 2026 officially opened its doors at the Suntec Singapore Convention & Exhibition Centre, marking the first-ever edition of the event in Singapore.
6 best Bitcoin AI trading bots in 2026 to help you start AI crypto trading faster
Bitcoin remains the first crypto asset many traders watch, but the way people trade Bitcoin is changing. In 2026, more traders are using an AI Crypto Trading Bot to follow market signals, automate strategy execution, and respond faster to 24/7 crypto volatility.
Lyrie completes $2 million preseed round to build the security layer for the AI agent era
Lyrie.ai, the autonomous cybersecurity platform developed by OTT Cybersecurity LLC, today announced the completion of a $2 million pre-seed funding round and the company’s official exit from stealth.