Fundamental

Silver continues to be very noisy as Monday is a holiday in the USA. The markets continue to see a lot of questions asked of it.

The gold market has been attracted to the $5,000 level for some time, and as we had a holiday on Monday, nothing seems to have changed.

The Euro is currently having issues trying to make a determined move, but seems to be a bit weak at the moment.

Who is Kevin Warsh? And what will he do to the Fed? These questions are keeping speculative interest awake at night, and are one of the main reasons for the latest market choppiness.

The US Dollar (USD) is in better shape on Tuesday, grinding higher against most major rivals across the FX board. The EUR/USD pair trades in the 1.1820 region, falling to its lowest in over a week. The USD benefits from a cautious market mood that follows the long weekend in the United States (US).

The light sweet crude oil market started out the day on the back foot, but at this point in time, it continues to see buyers fighting to keep the market elevated. Are we starting to form the summer range?