Australia CFTC AUD NC Net Positions increased to $-82K from previous $-86.8K

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Weekly Market Outlook (09-13 October)

UPCOMING EVENTS: Tuesday: US NFIB Small Business Optimism Index. Wednesday: US PPI, FOMC Minutes. Thursday: Japan PPI, UK GDP, ECB Minutes, US CPI, US Jobless Claims, NZ Manufacturing PMI. Friday: China CPI, China Trade data, Eurozone Industrial Production, US University of Michigan Consumer Sentiment. This weekend, Hamas launched a massive attack against Israel which draws

US Equities Technical Outlook: Range-Bound with Downside Potential

US stocks have come under pressure at the end of Q3 2023 as the Fed made their stance clear on interest rates remaining higher for longer. Such an environment is likely to weigh on risk assets like equities but from a technical point of view there are still a few hurdles that need to be

US dollar eases after blowout jobs number By Reuters

© Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar eased against a basket of currencies on Friday, as investors assessed Friday’s jobs report

Rallies to a four-day high, above 158.00

Share: EUR/JPY touches a four-day high of 158.26, buoyed by a sharp rally in EUR/USD, before settling around 158.05. Despite breaching the Ichimoku Cloud, immediate resistances at 158.47 and 158.65 cap further upward momentum. Potential downside could see the pair target 156.45, with further declines possibly testing the October 3 low of 154.34.

Attack on Israel could boost appeal of gold and safe haven assets By Reuters

© Reuters. Israel’s Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from Ashkelon in southern Israel October 7, 2023. REUTERS/Amir Cohen NEW YORK (Reuters) – Investors are closely watching events in Israel as a geopolitical risk to markets, with some expectation the violence could prompt a move into safe haven