Share: Gold price regains positive traction and remains within the striking distance of a one-month top. Expectations that the Federal Reserve is down with its rate-hiking cycle underpin the XAU/USD. A positive risk tone might hold back bulls from placing aggressive bets and cap any further gains. Gold price attracts fresh buying on
Crude Oil, WTI, Brent, Russia, OPEC+, China, India, EIA, API, OVX, NFP – Talking Points Crude oil jumped over hurdles overnight on possible Russian output cuts Stockpiles in the US continue to paint a picture of solid demand there The oil market structure might be supportive of it. Will WTI make a new high? Recommended
Share: Powell’s hawkish tone on inflation and potential for further rate hikes propels USD/CAD to a three-month high of 1.3640, currently trading at 1.3613. Philadelphia Fed’s Patrick Harker adds fuel to the fire, stating rates are already restrictive and may need to rise further if inflation stalls. Lackluster Canadian retail sales data at
A slightly-hot producer price index reading has caused an outsized reaction in the FX and fixed income markets. PPI was at +0.3% m/m compared to +0.2% expected but you wouldn’t know it was only a small miss from the market reaction. US 10-year yields have jumped to 4.15% from 4.10% and the dollar is broadly
© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration By Amanda Cooper LONDON (Reuters) – The dollar headed for a fourth weekly gain on Friday even after data showed U.S. inflation did not pick up as
Share: GBP/JPY reached a new YTD high above 184.00. A favorable technical setup, including the Ichimoku Cloud (Kumo) position and a Tenkan-Sen/Kijun-Sen crossover, supports a bullish outlook. If the GBP/JPY retraces below 183.00, it might witness an accelerated pullback towards technical support at 182.32 and 182.00, with Kumo’s top and the Kijun-Sen providing
Bill Ackman no doubt cheered on the result of today’s 30-year auction. He advertised a bond bearish bet last week and price action hasn’t been great for him so far. That might have changed with weak demand at a $23 billion sale of 30s at an auction today. It tailed by 1.4 bps and that
US Dollar, GBP/USD, British Pound, Treasuries, Gilts, China, Moody’s – Talking Points The US Dollar resumed strengthening this week on global growth questions China’s economy is facing scrutiny, pushing investors toward Treasuries and Gilts Sterling survived a test of support levels, but will GBP/USD continue to hold up? Recommended by Daniel McCarthy How to Trade
Share: Pound Sterling extends recovery as the market mood turns cheerful. More interest rates by the Bank of England will elevate pressure on United Kingdom’s economic growth. UK first-time home buyers postpone demand as the housing sector faces headwinds from higher borrowing rates. The Pound Sterling (GBP) printed a fresh four-day high on
تتر به دنبال بهبود نقدینگی استیبل کوین در چندین بلاک چین است. لینک منبع : هوشمند نیوز
