Gold, XAU/USD, US Dollar, Treasury Yields, iShares High Yield ETF, GVZ Index – Talking Points The gold price has backed away from the psychological US$ 2,000 mark While robust Treasury yields remain, US companies are facing a debt squeeze Implied and historical volatility is on the rise. Will XAU/USD break higher? Recommended by Daniel McCarthy
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate
Share: AUD/USD recovers its losses ground above the 0.6300 mark in early Monday. Fed Chair Jerome Powell and other officials believe rates will stay on hold and may have peaked unless inflation rises. The latest Australian jobs data showed the labor market is easing. Market players will monitor the preliminary Australian S&P Global
A note via Westpac’s new Chief Economist, Luci Ellis. Luci Ellis was previously the Assistant Governor (Economic) at the Reserve Bank of Australia, a position she held since December 2016. news of her departure from the Bank crossed in July. Ellis has issued a note saying the outlook for the future path of RBA cash
EUR/USD pause falling this 2 weeks, is the EUR/USD down trend ended ? don’t be too optimistic. please check this chart, the blue line is our model indicator, the model value has droped to the low of Nov 2022 (0.9824 ) , right now the EUR/USD close price is 1.0594 , there is still a
Share: The EUR/GBP climbed to a fresh five-month high at 0.8740 on Friday, but the Euro bid proves short-lived. The Euro is set to close out Friday’s trading session in the red, but still sees green for the week against the Pound Sterling. Next week sees EU & UK PMI double-header on Tuesday.
The Financial Times is gated but the gist of the article is that the European Union is considering extending its emergency gas price cap introduced in February. In response to concern of supply disruption and price jumps from a couple of fronts: the conflict in the Middle East the sabotage of a Baltic pipeline Reuters
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Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast Global equity markets fell sharply in the week on escalating tensions in the Middle East and the surging US Treasury yields after the US Federal Reserve Chair Jerome Powell left open the door for further tightening. The MSCI All Country World index dropped 2.4%,
