Market News

Crude oil prices fell around 2% on Monday as lockdowns across China ramped up. Traders await inventory data from the EIA ahead of major macro data, including the FOMC rate decision and the US jobs report....

The price of gold appears to be on track the test the monthly low ($1617) as it reverses ahead of the 50-Day SMA ($1680)....

The Chinese Yuan fell almost 1% against the US Dollar as traders weigh new Covid lockdowns following downbeat PMI figures. The RBA rate decision is in focus for APAC traders....

USD/JPY may continue to retrace the decline from the monthly high (151.94) as the Federal Reserve is expected to maintain its existing approach in combating inflation....

The first week of November is all about central banks....

Short- and medium-term outlook for GBP/USD remains gloomy amid recession fears, rising inflation and tighter financial conditions....

Equities pull back as traders await the Fed, PMIs, and NFP data later this week....

The US Dollar is climbing after completing a double top formation last week, and focus shifts to the Fed’s Wednesday rate decision as markets try to see what’s around the next corner....

Spot gold recorded its seventh consecutive month of losses. Can we stave off a drop below $1600?...

EUR/USD remains conflicted as declining economic growth couples with rampant inflation to further thwart matters for the ECB....