AUD prices are up almost 0.70% against the USD after China kept LPR on hold alongside a weaker greenback.
Outlook on FTSE 100, DAX 40 and Nasdaq 100 amid consumer spending concerns.
Rand prices slumped today around a key support zone but ZAR bulls remain tentative at this important juncture.
This article explores the technical outlook for USD/JPY, GBP/USD and AUD/USD, focusing on price action dynamics and key levels in play following the U.S. CPI and PPI reports and related market volatility.
AUD prices have held onto yesterday’s gains with some positive Chinese data as well as high wage growth locally.
The latest US inflation report will be released later in the session and is expected to show that price pressures are easing. Will this be enough to send gold back towards $2,000/oz?
Risk sentiment can be positively impacted by softer inflation and retail sales data but the threat of another potential US government shutdown poses a major challenge
A strong end to the week with risk markets popping higher going into the weekend. The VIX ‘fear gauge’ fell by over 7% on Friday and is back testing lows last see in mid-September.
GBP prices depreciated marginally against the USD after UK GDP highlighted the tough environment facing the UK economy.
Sterling has eased ahead of Q3 UK GDP data tomorrow and continues to exhibit few, if any, bullish drivers
US Indices have run into resistance but with a spate of earnings after market close can the rally continue?
Outlook on FTSE 100, DAX 40 and S&P 500 ahead of speeches by Fed Chair Jerome Powell today and tomorrow.
US stocks have soared over the last week, bolstered by the recent Fed meeting and softer jobs, economic data that has emerged and is likely to continue
Oil prices failed to hold onto early session gains to fall into red for the day. Further downside looks likely below the 100-day MA
Outlook on FTSE 100, DAX 40 and S&P 500 as softer US economic data, a subdued Non-Farm Payrolls and dovish Fed statements led to risk-on sentiment.