This week, Goldman Sachs raised its oil $WTI Crude Oil - main 2311(CLmain)$ price target to $100 once again, based on OPEC production cuts compounded by rising demand offsetting a sharp increase in U.S. supply.Meanwhile, while gasoline prices have risen in the U.S., sales of electric vehicles have fallen rather than risen. In Europe, the de-industrialization of Germany is no longer in the news, as the country's auto industry prepares for China's electric vehicle boom; What’s more, Brussels is working to build an energy transition supply chain from scratch.Offshore wind developments are being canceled one by one both in Europe and the U.S., and European solar developers are complaining that cheap Chinese solar panels are making it difficult for

Since the Fed announced that it would lower interest rates in 2024, the dollar has started to fall significantly. That's because when interest rates go down, the incentive to save money also goes down. So, the market is expecting the dollar to weaken further next year, which is great news for commodities.Plus, China recently decided to increase its bond purchases by $137 billion, which will help boost the domestic economy. China is the world's largest consumer of commodities, and the electric vehicle revolution and energy transition are also good for certain commodities. In particular, these three commodities are expected to get a boost in 2024.1.Copper $Copper - main 2403(HGmain)$ Copper is widely used in many industries, including transporta

What Are Index Futures?The term index futures refers to futures contracts that allow traders to buy or sell a contract that is derived from a financial index today to be settled at a future date. Originally intended for institutional investors, index futures are now open to individual investors as well. Traders use these contracts to speculate on the price direction indexes, such as the S&P 500 and the Dow Jones Industrial Average (DJIA). They also use index futures to hedge their equity positions against losses.KEY TAKEAWAYSIndex futures are contracts to buy or sell a financial index at a set price today, to be settled at a date in the future.These contracts were originally meant solely for institutional investors but are now open to anyone.Portfolio managers use index futures to hedg

Investment Year Rewind![Miser]2023's market rollercoaster is over, and it's time to assess gains (hopefully)[Cool], losses (ouch)[Cry], and most importantly, lessons learned.But before we dive into our own portfolios, let's crown the prophet of profits!We're awarding a prize for the most accurate asset prediction among articles from our top community accounts.Did their insights guide your investments?Which predictions surprised you the most?Join the discussion and share your own 2023 investing wisdom!1. @AlexPoonFOTrading: We might expect gold to hit a record high this yearHe pointed out on January 8 that the combination of several factors – dollar weakness, the end of F

Impact on U.S. Stock Indices for Nasdaq WeightingAs for the underlying ETFs, a Nasdaq weighting would be a passive reduction in the market value of the underlying stocks. According to institutional estimates, there will probably be more than $20 billion in selling volume.In the short term, the average daily turnover of these top-weighted stocks reaching tens of billions of dollars, the market acceptance doesn’t need to worry about it. Even if the index fell, at least "special rebalance" can not be used as a reason.However, in the middle and long term, the rebalance of NDX will have an impact on the process of rising. More importantly, it is the overall rise of weighted stocks contributing to sharp soar of the Nasdap index; the other components did no

Next Peak of Gold Prices is Expected in 2026 or 2027Gold prices $Gold - main 2402(GCmain)$ have breached the $2,000 per ounce once again this week. Should investors buy gold at US$2,000?Investors are often told to buy low and sell high, but the current situation is tricky — gold is close to its highest price ever, but many market watchers believe its run has only gotten started."$2,000" shown in gold font Omar Ayales, Chief Market Strategist and Editor at Gold Charts R Us, believes that gold prices will continue to rise. He is tracking a 7-to-8-year cycle in the gold market and suggests that the next peak will occur in 2026 or 2027.He explains that this cycle not only indicates that gold prices hit a bottom every 7 years, but also that gold pr

After the CPI data of October was released in the United States, the the US Dollar Index fell sharply, and the three major stock indexes in the United States rose sharply. The market generally predicted that the Federal Reserve might start the process of cutting interest rates by the end of next year at the latest. According to historical performance, the Federal Reserve will have a negative impact on the global capital market during the rate hike, especially the US stock market, and will play a certain role in promoting the recovery of the capital market during the Fed's interest rate cut.In this way, it is easy to understand the strong short-term performance of US stocks, but from the perspective of the past year, the performance of the S&P 500 index is not satisfactory.Figure 1: Tre