NewsSignals
NewsSignals AI analysis·Moneycontrol·

First Tick: Top global cues to watch in today's trade

Grade Bbearish AI signal$NIFTY$SENSEX$BRENT$NDX$SPX$DJI$XAU$DXY$JPY
Indian equities face a potentially weaker opening on November 4 as GIFT Nifty trades 44 points lower at 23,714, despite the Sensex and Nifty posting strong gains in the previous session. Foreign institutional investors bought Rs 6,836 crore of equities on November 3, while Brent crude approached $105 a barrel and the Nasdaq gained 0.83% overnight. Mixed global market signals, weaker Asian equities and uncertainty surrounding US midterm elections could pressure Indian stocks and intensify volatility during today's session.

Bullish strength: 35/100

  • Foreign institutional investors purchased Rs 6,836 crore of Indian equities.
  • Indian benchmark indices recorded a fourth consecutive winning session.
  • Strong Q2 earnings supported buying across several Indian sectors.

Bearish strength: 65/100

  • GIFT Nifty traded 44 points lower, signaling a potentially negative opening.
  • Nikkei declined almost 2% and Kospi fell 1%.
  • Brent crude climbed toward $105 per barrel.
  • Domestic institutional investors sold Rs 3,678 crore of equities.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

Read the original source ↗

← Browse more news analysis

Trade on MEXC

More recent source-attributed AI analysis in macro.

Gold climbs to two-week high as dollar, yields weaken

Gold climbed 1% to $4,102.50 per ounce, reaching its highest settlement since October 21 as a weaker US dollar and falling Treasury yields boosted demand. The 10-year Treasury yield dropped 5.5 basis points to 4.836%, while silver gained 0.2% to $52.233 per ounce. Gold could face renewed selling pressure if Friday's US jobs report strengthens expectations for a December Fed rate hike, despite improving near-term momentum.

Goldman Sachs trims gold forecasts as Fed stays hawkish

Goldman Sachs cut its end-2026 gold price forecast to $4,150 per ounce from $4,650 and its end-2027 target to $4,800 from $5,400, citing the Federal Reserve's increasingly hawkish policy stance. The bank warned that higher oil prices and equity-market drawdowns could trigger additional gold selling, while central-bank demand and long-term investor interest remain supportive. Lower price targets could pressure gold sentiment, although persistent structural demand may limit downside and support longer-term prices.

Goldman Sachs lowers gold price forecasts on hawkish Fed outlook

Goldman Sachs cut its end-2026 gold price forecast to $4,150 per ounce from $4,650, citing the Federal Reserve's increasingly hawkish policy outlook. The bank also reduced its end-2027 forecast to $4,800 from $5,400, warning that higher interest rates could weigh on investor demand despite continued central-bank buying. Persistent monetary tightening and potential oil-driven selling could pressure gold, although structural central-bank demand and fiscal-risk hedging may limit downside.

Treasury Yields Hover Around Two-Month Lows Ahead of Payrolls — Market Talk

U.S. Treasury yields are hovering near two-month lows as bond markets increasingly price in the possibility of a December Federal Reserve rate hold ahead of October payrolls. The 10-year yield fell to 4.836% and the two-year to 4.475%, while December rate-hold odds climbed to 35% from 17% in one day. Tomorrow's jobs report could trigger a sharp repricing of rate expectations, potentially driving renewed volatility across Treasury yields, the dollar and gold.