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The DXY false break is confirmed. Up we go as EUR plunges: AUD was bashed to new lows: The entire Complex of commods, miners, EM and junk – reversed. Oil and gold led it: Dirt was...
An exciting series of news events overnight tripped up the great start to the trading week with stocks on both sides of the Atlantic falling amid contraction in US manufacturing and a ratings...
Gold’s struggle at holding $2,000 visible after Tuesday’s about-turn U.S. jobs report on Friday could help decide metal’s near-term direction Spot gold has to stay above $1,987;...
The RBA has once again chosen to keep the cash rate target steady at 4.10% as inflation continues to cool.In his penultimate monetary policy decision as RBA Governor, Dr Philip Lowe decided against...
A new trading week that will be capped by Friday’s US non-farm payrolls jobs report is starting off well enough as Wall Street had a small advance overnight while the USD continued to firm...
Bank of Japan raises upper range of 10-year government bond yields to 1% Inflation remains high but not high enough for BOJ officials Meanwhile, Nikkei225 could still target new all-time highs Last...
Keeping the oil rally going will be OPEC’s challenge as Fed warily watches inflation Fed will likely go back to aggressive rate hikes if inflation spikes from pricier oil Higher inflation could...
Global marketsThe ‘melt-up’ in US stocks continued last week, with the S&P 500 adding another 1.0%. There were various reasons for investors to remain upbeat: the Fed hiked rates...