The Return of a Familiar Risk: Stagflation
A weak US labour report and a surge in oil prices toward $119 have revived fears that financial markets may be entering a stagflationary environment of slowing growth alongside persistent inflation.
Senior Market Strategist
Russell Shor is a Senior Market Strategist at FXCM, having been promoted to the role in 2025 in recognition of his depth of insight and consistent delivery of high-impact market analysis. He originally joined FXCM in October 2017 as a Senior Market Specialist.
Russell holds an Honours Degree in Economics from the University of South Africa, is a certified FMVA®, and a full member of the Society of Technical Analysts (UK). With over 20 years of experience in financial markets, his work is renowned for its clarity, precision, and strategic value across asset classes.
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A weak US labour report and a surge in oil prices toward $119 have revived fears that financial markets may be entering a stagflationary environment of slowing growth alongside persistent inflation.
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This FXCM AlphaTrack highlights potential trade opportunities in Newmont Corporation, Lockheed Martin, and BP based on bullish technical momentum as geopolitical tensions lift safe-haven and energy demand signals
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Gold surged about 65% in 2025, briefly topping $5,500 in January, supported by record ETF inflows and strong central bank buying. Volatility and options activity signal speculation, but structural demand suggests a supported bull market rather than a bubble.
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AlphaTrack delivers weekly trading signals and market analysis focused on identifying potential opportunities in trending markets. Each article highlights structured technical setups, key catalysts, and disciplined risk-aware insights designed to support informed trading decisions. With an emphasis on momentum and market structure, AlphaTrack assesses pullbacks within bullish conditions as potential areas of interest, helping traders cut through noise and focus on higher-conviction setups.
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