It's the start of the final full trading week of 2025, with traders and investors apparently in "shopping mode".
Major assets are catching a bid after last Friday's (Dec 12) selloff:
- Silver (Bybit: XAGUSD) is punching back towards its record high
- Bybit's SP500 - which tracks the benchmark S&P 500 index - is paring some of its Friday (Dec 12) declines, though having posted a new record high on Thursday, Dec 11 - a scenario we had been waiting for since Dec 5.
- Bybit's NAS100 - which tracks the tech-heavy Nasdaq 100 index - has found critical support at its 50-day and 21-day simple moving averages (SMAs). This stock index is now trying to find a more solid footing after shedding 1.9% last Friday (Dec 12) - it's biggest one-day drop since November 20th.
- EURUSD - the world's most-traded FX pair - is currently holding around its highest levels since early-Oct.
Gold (Bybit: XAUUSD+) is back within a hair of the $4348 target - highlighted during our Dec 5th 'Week Ahead' preview livestream, which was hit exactly a week after (Friday, Dec 12) before tumbling away.