Markets are currently moving little – neither stocks nor commodities show a clear direction. S&P 500 and Nasdaq are sideways, DAX largely ignores the weak ifo index. Yet there is high nervousness: Gold’s brief dip below $5,000 yesterday and immediate recovery is a clear warning sign of underlying uncertainty.
Gold: Deep Dip & Quick Recovery
After yesterday’s psychological break above $5,000, gold briefly fell below the mark this morning (low ~$4,980–4,990), but recovered within hours and is now stable at $5,080–5,095. The DXY (US Dollar Index) remains weak (103.0–103.1) despite strong Durable Goods data – that explains gold’s resilience: structural drivers (central bank buying, geopolitics) continue to dominate.
Oil Price Continues Weak
WTI and Brent are giving back (–0.8 to –1.2 %). The US winter storm has not caused major refinery outages so far, inventories are high, demand subdued. Without new supply disruptions, the downtrend is likely to persist.
Today’s & Tomorrow’s important Events
Today 16:00 CET: Conference Board Consumer Confidence – consensus ~110.0. A significant deviation could briefly support the dollar and boost stocks.
Today 20:00 CET & tomorrow 14:30 CET: Trump speeches – both events carry high potential for market shocks (tariff threats, Fed criticism, trade policy). Historically, such statements have triggered 1–2 % swings in indices and commodities.
Conclusion
The market remains on hold: stocks slightly up, gold stable above $5,000, oil remeinsweak. The next hours and days depend heavily on consumer confidence and especially Trump’s statements. If you want to follow the markets and current prices live on your PC or smartphone, you will find an impartial overview of established trading platforms here: To the Trading Platform Overview.
