The technical picture is a little hard to read for the S&P 500 heading into the first quarter of 2024, with immediate resistance resting near the record high around the 4,817 level.
USD/JPY held the high ground for the first half of Q4 2023 before finally declining from near the 2022 highs. The selloff gained traction following growing chatter toward the end of November regarding a policy shift from the BoJ.
Oil prices have faced renewed selling pressure over the past two days, sliding around 2.6% at the time of writing. Is a retest of the $70 a barrel mark on the cards?
Gold holds the high ground as Geopolitical tension and a weaker US Dollar show little signs of let up as the Year-End approaches. Will $2080/oz be reached?