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The S&P/ASX 200 was down 3.7% through the day, the most significant drop since May 2020 at the height of the pandemic. Key points Monday saw a huge market correction across most prominent...
Rising US unemployment and recession fears have weakened the US dollar. The EUR/USD pair is nearing the key 1.10 level, poised for potential gains. Economic data and a potential Fed rate cut could...
Continued carnage on overnight markets as US recession fears and other macro concerns combine into a big selloff that is turning into a possible correction. Bond markets are rallying hard after the...
DXY is melting: AUD was fat-fingered into the abyss and then bounced. Beware a market that likes to fill the gaps: JPY is ballistic. CNY must have a carry trade: Oil broke then recovered: Metals just...
Market turbulence caused currency gains and declines in bond yields and stocks, affecting gold prices. Disappointing jobs data shifted expectations to significant Fed rate cuts, increasing market...
Global markets Weak US economic data and further disappointing earnings reports led to a further pullback in global equities last week, yet a strong rally in bonds. For the first time in a long time,...
Recession fears, U.S. jobless claims, and more earnings will be in focus this week. Eli Lilly is a buy with upbeat earnings, guidance on deck. Walt Disney is a sell with disappointing earnings...
Bitcoin has been in a short-term downtrend. The cryptocurrency is currently correcting lower after forming a double-top pattern. Key support levels at $63,000 to $65,000 are crucial for traders to...