Gold Steady as Focus Shifts to Fed Uncertainty and Central Bank Demand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 24 2025
0mins
Should l Buy SNEX?
Source: WSJ
Gold Prices Steady: Gold prices remain flat in Asian trade, currently at $4,065.09 per troy ounce.
Market Indecision: Shifting expectations regarding the Federal Reserve's monetary policy, influenced by U.S. employment data, are creating a sense of indecision in the market.
Central Bank Demand: Despite market fluctuations, demand for gold from central banks remains strong, contributing to prolonged neutrality in gold prices.
Future Price Movements: Analysts suggest that if current dynamics continue, indecision in gold's price movements is likely to persist in the near term.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy SNEX?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on SNEX
About SNEX
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders, and investors to the global market ecosystem through digital platforms, end-to-end clearing and execution services, high-touch service, and expertise. Its segments include Commercial, Institutional, Self-Directed/Retail, and Payments. The Commercial segment comprises the activities associated with the identification, management, hedging and monitoring of various commodity and financial risks faced by commercial entities in their business cycles. It provides institutional clients with a suite of equity trading services to help them find liquidity with execution, as well as prime brokerage in equities and various foreign currency pairs and swap transactions. It provides its retail clients around the world access to over 18,000 global financial markets. It provides customized payment, technology and treasury services to banks, charities, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
StoneX (SNEX.US) Executive Plans to Sell $4.95 Million in Common Stock via Form 144
Stock Sale Announcement: Sean O'Connor, an officer at StoneX, plans to sell 40,000 shares of its common stock on February 10, with a market value of approximately $4.95 million.
Reduction in Shareholding: O'Connor has reduced his shareholding in StoneX by 40,000 shares since February 9, 2026, with a total value of around $5 million.
See More
StoneX Reports Strong Earnings and Stock Split Announcement
- Strong Earnings Report: StoneX's Q1 GAAP EPS of $2.50 exceeded expectations by $0.52, indicating robust performance in the market, which is likely to boost investor confidence further.
- Significant Revenue Growth: The company reported revenue of $39.03 billion, marking a 39.7% year-over-year increase, reflecting successful strategies in diversified business and market demand, potentially attracting more investor interest.
- Record Net Income: The quarterly net income reached $139 million with a quarterly ROE of 22.5%, demonstrating excellent capital efficiency, which enhances the company's long-term investment appeal.
- Stock Split Announcement: StoneX announced a three-for-two stock split aimed at increasing stock liquidity and attracting more retail investors, thereby enhancing market participation and broadening the shareholder base.
See More
StoneX Scheduled to Announce Q1 Earnings on February 4
- Earnings Announcement Schedule: StoneX is set to announce its Q1 earnings on February 4, after market close, with a consensus EPS estimate of $1.98, reflecting investor confidence in the company's consistent profitability.
- Hedge Against Market Volatility: StoneX is viewed as a hedge against market volatility, and as uncertainty increases, investors may favor its stable financial performance, potentially boosting its stock price.
- Transformational Acquisition Impact: The confirmation of the RJO acquisition is expected to have a transformational impact on StoneX's outlook for 2026, with a synergy target of $50 million that will further enhance its competitive position in the market.
- Quant Rating Analysis: Seeking Alpha's quant rating on StoneX highlights its potential as a consistent compounder, attracting more investor attention and possibly leading to positive stock price movements.
See More
Senate Cryptocurrency Legislation Faces Setback After Coinbase Withdraws Support
Crypto Bill Status: A proposed crypto bill aimed at establishing clear industry regulations is facing significant setbacks after Coinbase withdrew its support.
Committee Vote Delay: Senator Tim Scott has postponed a scheduled committee vote on the bill, indicating further complications in the legislative process.
Ongoing Efforts: Despite the current challenges, advocates for the bill are determined to continue fighting for its passage.
Industry Impact: The developments highlight the ongoing uncertainty and volatility within the cryptocurrency regulatory landscape.
See More
StoneX Partners with EDG to Enhance Digital Asset Offerings
- Strategic Partnership: StoneX Digital has entered into a strategic partnership with Enhanced Digital Group, leading EDG's Series A funding round and acquiring a minority stake, aimed at expanding the scope and sophistication of their digital asset offerings.
- Market Demand Response: By integrating EDG's bespoke OTC derivatives solutions with StoneX's digital asset trading platform, both firms will provide institutional clients with more comprehensive risk management and investment strategies, addressing the growing market demand.
- Enhanced Innovation Capability: Since its launch in June 2022, StoneX Digital has focused on providing sophisticated trading tools for institutional clients, and this partnership will expedite its time to market, enhancing its competitive edge in the digital asset space.
- Industry Integration: EDG's founders noted that partnering with StoneX will strengthen their capabilities in the digital asset derivatives space, reflecting the industry trend of convergence between traditional finance and digital assets.
See More
Trump's Capture of a Russian Oil Tanker Reveals the Limits of His Authority in the Market.
- Market Reaction: Wall Street showed little concern over the U.S. seizing a Russian oil tanker that was transporting Venezuelan oil, despite the presence of a Russian submarine.
- Stock Performance: Stocks continued to trade in a mixed manner, remaining near record highs.
- Oil Prices: The price of oil experienced a modest decline during this period.
- Geopolitical Context: The incident highlights ongoing tensions between the U.S. and Russia regarding oil and international trade.
See More
StoneX (SNEX.US) Executive Plans to Sell $4.95 Million in Common Stock via Form 144
Stock Sale Announcement: Sean O'Connor, an officer at StoneX, plans to sell 40,000 shares of its common stock on February 10, with a market value of approximately $4.95 million.
Reduction in Shareholding: O'Connor has reduced his shareholding in StoneX by 40,000 shares since February 9, 2026, with a total value of around $5 million.
See More
StoneX Reports Strong Earnings and Stock Split Announcement
- Strong Earnings Report: StoneX's Q1 GAAP EPS of $2.50 exceeded expectations by $0.52, indicating robust performance in the market, which is likely to boost investor confidence further.
- Significant Revenue Growth: The company reported revenue of $39.03 billion, marking a 39.7% year-over-year increase, reflecting successful strategies in diversified business and market demand, potentially attracting more investor interest.
- Record Net Income: The quarterly net income reached $139 million with a quarterly ROE of 22.5%, demonstrating excellent capital efficiency, which enhances the company's long-term investment appeal.
- Stock Split Announcement: StoneX announced a three-for-two stock split aimed at increasing stock liquidity and attracting more retail investors, thereby enhancing market participation and broadening the shareholder base.
See More
StoneX Scheduled to Announce Q1 Earnings on February 4
- Earnings Announcement Schedule: StoneX is set to announce its Q1 earnings on February 4, after market close, with a consensus EPS estimate of $1.98, reflecting investor confidence in the company's consistent profitability.
- Hedge Against Market Volatility: StoneX is viewed as a hedge against market volatility, and as uncertainty increases, investors may favor its stable financial performance, potentially boosting its stock price.
- Transformational Acquisition Impact: The confirmation of the RJO acquisition is expected to have a transformational impact on StoneX's outlook for 2026, with a synergy target of $50 million that will further enhance its competitive position in the market.
- Quant Rating Analysis: Seeking Alpha's quant rating on StoneX highlights its potential as a consistent compounder, attracting more investor attention and possibly leading to positive stock price movements.
See More
Senate Cryptocurrency Legislation Faces Setback After Coinbase Withdraws Support
Crypto Bill Status: A proposed crypto bill aimed at establishing clear industry regulations is facing significant setbacks after Coinbase withdrew its support.
Committee Vote Delay: Senator Tim Scott has postponed a scheduled committee vote on the bill, indicating further complications in the legislative process.
Ongoing Efforts: Despite the current challenges, advocates for the bill are determined to continue fighting for its passage.
Industry Impact: The developments highlight the ongoing uncertainty and volatility within the cryptocurrency regulatory landscape.
See More
StoneX Partners with EDG to Enhance Digital Asset Offerings
- Strategic Partnership: StoneX Digital has entered into a strategic partnership with Enhanced Digital Group, leading EDG's Series A funding round and acquiring a minority stake, aimed at expanding the scope and sophistication of their digital asset offerings.
- Market Demand Response: By integrating EDG's bespoke OTC derivatives solutions with StoneX's digital asset trading platform, both firms will provide institutional clients with more comprehensive risk management and investment strategies, addressing the growing market demand.
- Enhanced Innovation Capability: Since its launch in June 2022, StoneX Digital has focused on providing sophisticated trading tools for institutional clients, and this partnership will expedite its time to market, enhancing its competitive edge in the digital asset space.
- Industry Integration: EDG's founders noted that partnering with StoneX will strengthen their capabilities in the digital asset derivatives space, reflecting the industry trend of convergence between traditional finance and digital assets.
See More
Trump's Capture of a Russian Oil Tanker Reveals the Limits of His Authority in the Market.
- Market Reaction: Wall Street showed little concern over the U.S. seizing a Russian oil tanker that was transporting Venezuelan oil, despite the presence of a Russian submarine.
- Stock Performance: Stocks continued to trade in a mixed manner, remaining near record highs.
- Oil Prices: The price of oil experienced a modest decline during this period.
- Geopolitical Context: The incident highlights ongoing tensions between the U.S. and Russia regarding oil and international trade.
See More
