Page 8 of 15
Earnings and guidance from the two gatekeepers of the global chips industry offered positive signals amidst ongoing AI spending, but the Middle East conflict adds to existing headwinds.
Delta’s earnings arrive at a period of fresh risks for the air travel industry, as the spike in oil prices adds to an already uncertain macro environment, threatening its growth momentum.
USOIL rises and XAU/USD drops after President Trump said military objectives are near completion, but the US will hit Iran hard over the next two to three weeks.
Against a highly uncertain macro environment and an AI narrative that is not that straightforward anymore, we examine five companies tied to the AI boom and its buildout. Alphabet, Micron, Apple, Caterpillar, Newmont.
Shares of Micron extend post-earnings drop amid lingering risks, but the results were impressive amid strong memory demand.
Against a backdrop of Middle East conflict, stagflation fears and shifting monetary policy, we assess opportunities and risks across energy, defence, aviation and tech. Exxon, Lockheed, Delta, Netflix and Tesla, are in our radar.
XAU/USD faces fresh pressure as hopes for a conclusion to the Middle East conflict fade, inflationary risks linger and the US dollar regains its strength.
USOIL drops as President Trump said he will postpone strikes on Iran's oil infrastructure, creating optimism for an end to the conflict that has sparked an energy shock.
USOIL stays firm as the President issues an ultimatum for the Strait of Hormuz opening while Iranian officials threaten fresh strikes on energy infrastructure.
The pair tries to surpass pivotal resistance as the Bank of England struck a more hawkish tone than its US peer amid inflationary risks from the Middle East conflict.
XAU/USD continues to face difficulties this week as the greenback has emerged as the safe haven of choice, but bullion's structural demand drivers don't go away.
Order Execution Only
Order Execution Only
Regulatory Documents:
CIRO: Avoiding Fraud and Protecting Your Investments, How CIRO Protects Investors, CIRO Complaints Brochure, CIPF Brochure, CIPF Coverage Policy, CIRO Order Execution Only Bulletin, Conflict Disclosure Statement, Covid-19 and Cyber Security - Tips for Investors, Relationship Disclosure Information Document, Notice of Acknowledgment, Before You Begin Trading
The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Canadian Investment Regulatory Organization (CIRO). Friedberg customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.
* The percentage of our retail client accounts that were profitable in each of the previous most recent quarters was: Quarter 2, 2026: 30% | Quarter 1, 2026: 40% | Quarter 4, 2025: 49% | Quarter 3, 2025: 37%. These figures are provided for transparency purposes only and do not constitute an indication of future performance or results.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, Friedberg Direct, FXCM or its affiliates takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of Friedberg Direct and FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the Friedberg Direct's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.**