Amazon ( AMZN Stock), the pandemic and black Friday

Undoubtedly, the changes that the Covid-19 pandemic has brought have managed to permeate different aspects of our day-to-day life, which has led us as a society to think of a “ new normal”, such as the transfer of our environments from work to home and also the accelerated adoption of online commerce, two changes that will probably have the opportunity to remain present after a possible cure for both the pandemic and the social and economic struggle we are going through, that is why the big tech world and banking are looking for ways to do business together.

This inevitable alliance occurs from two perspectives, one that makes banks see the edge of having to choose between whether to be seen as technology companies or as financial companies and the idea that this union could result in the largest banks controlling the technology industry as a result of the massive growth of payment systems in recent years and the only thing that is expected is an approach to a regulatory plan that dictates the rules of the game.

Payment systems linked to the forms that some technology companies have based how they charge for their services, have created a gap for financial companies to see an opportunity to develop “a new style of mobile bank account” or different formats such as the Venmo system from PayPal that includes peer-to-peer payment services to pay rent or split bills; making it clear that the next Modern Corporation is based on the intellectual capital that allows for expansion at zero or almost zero marginal costs through technological platforms and networks.

One of the companies preparing for a busy end of the year is Amazon, which is preparing for the Christmas season, with Black Friday just around the corner, but the most anticipated news for this company in the long term is the launch of Amazon Pharmacy, announced a few days ago, which will give US customers the ability to order prescriptions for home delivery and free two-day shipping for Amazon Prime members.

Overall figures for Amazon in the third quarter beat expectations, with the company coming in at $ 12.37 a share on revenue of $ 96.15 billion, compared to analysts’ estimates at $ 7.41 a share and $ 92.7 billion respectively, which increased the top line by 37% compared to the previous year.

Amazon registers a diamond pattern that began in July and gave a high failure with the first at $3,547 on September 2 and the second high at $3,500 without being able to overcome it; on Monday it had a sinking of 0.03% to $3,098.39 , and currently it is at $3,181.64, retesting the 100-day SMA. If the asset moves below $3,000, it could find Support at the 38.6% Fibonacci retracement and the 200-DMA at $2,813.28 and at the $2,500.

AUD/USD bulls seem hesitant near 0.6950

AUD/USD attracts some buyers for the second straight day, though it remains confined within Friday's broader range amid mixed cues. The US PCE data and the US NFP report released last week tempered October Fed hike bets, dragging US bond yields away from multi-year highs and keeping US Dollar bulls on the back foot. However, geopolitical uncertainty is a tailwind for the safe-haven buck, while the RBA's cautious outlook caps the Aussie.

USD/JPY holds losses below 158.00 amid hawkish BoJ bets, firmer USD

USD/JPY holds losses below 158.00 in the Asian session on Monday, trading within a one-week-old range. The pair remains weighed down by hawkish BoJ expectations amid looming intervention risks that support the Japanese Yen, while geopolitical uncertainty continues to underpin the US Dollar, despite fading Fed rate hike hopes, limiting the pair's downside.

Gold trades with positive bias around $4,150; upside seems capped

Gold attracts some dip-buyers at the start of a new week, though it remains confined in a familiar range held over the past week or so. Against the backdrop of soft US PCE data, Friday's weak US NFP report tempered bets of an October Fed rate hike. This, in turn, drags US bond yields away from multi-year highs and benefits the non-yielding bullion. The US Dollar, however, draws support from geopolitical uncertainties and could act as a headwind for the precious metal.

Why the US Dollar keeps climbing despite weaker jobs data

The US Dollar’s (USD) rally remained everything but abated, climbing for the third consecutive week and reaching levels last seen in April 2025. The move higher came on the back of a mixed performance in US Treasury yields, extending their rally in the belly and long end of the curve while losing some momentum at the short end.

WTI drops to near $89.00 as G7 taps emergency reserves

West Texas Intermediate oil price extends its losses for the second successive day, trading around $89.30 during Asian hours on Monday. Crude oil prices experienced a decline after G7 nations agreed to release 100 million barrels of crude and diesel from emergency reserves, pledging to avoid energy export restrictions following pressure from US President Donald Trump.

The Euro is near a one-year low: Inflation could trigger its rebound, not its fall

EUR/USD has fallen to its lowest level since May 2025. The pair hit 1.1312 on Wednesday and trades well below the January peak of 1.2082. The decline reflects a powerful combination of US Dollar strength, geopolitical uncertainty and renewed concerns about Europe's exposure to higher energy prices.