-
Forex
EUR/USD slides on ECB dovish bets, firm US Dollar ahead of US inflation
EUR/USD tests region below 1.0500 as the Euro (EUR) weakens, weighed by expectations of further ECB interest-rate cuts. The ECB…
Read More » -
Forex
AUD/USD seems vulnerable near YTD low, around mid-0.6300s ahead of US CPI
AUD/USD hits a fresh year-to-date low and is pressured by a combination of factors. The RBA’s dovish tilt and China’s…
Read More » -
Metals
XAU price steadies below $2,700 as traders seem reluctant ahead of US inflation data
Gold price witnessed good two-way price moves amid some repositioning ahead of the US CPI report. Bets for a less…
Read More » -
Energies
WTI continues to rise toward $69.00 due to improved demand outlook in China
WTI price appreciates as China announced plans to adopt proactive fiscal stimulus measures next year. API Weekly Crude Oil Stock…
Read More » -
Forex
Chart of The Day – USDIDX
The US Dollar Index faces a critical juncture ahead of Wednesday’s CPI data, with market expectations tilted toward persistent inflation…
Read More » -
Economic Calendar
Today’s Economic Calendar – BOC Rate Decision
Today’s calendar features crucial US inflation data, Bank of Canada’s rate decision, and EIA inventory reports. Markets await OPEC’s monthly…
Read More » -
Metals
The Asian Session
Asian markets mixed ahead of key US inflation data. Japan’s Nikkei is flat, China’s CSI 300 up 0.2%, Hong Kong’s…
Read More » -
Forex
EUR/USD slides on ECB dovish bets, US inflation in focus
EUR/USD drops to near 1.0530 as investors await key events including US inflation and the ECB policy meeting. The ECB…
Read More » -
Metals
Gold steadies near two-week highs on optimism about China
Gold rally maintains its positive momentum intact fuelled by buying from China and safe-haven flows. The US Dollar’s moderate recovery…
Read More » -
Economics
China: CEWC to elaborate on ‘extraordinary’ stimulus – Standard Chartered
Upcoming CEWC likely to set a pro-growth tone and lay out stimulus plan, echoing the Politburo. Shift to an ‘appropriately…
Read More »
