Market News

Crude oil prices are heading for the best week since Russia Invaded Ukraine. OPEC+ output cuts and an unexpected drop in US inventories boosted WTI on Wednesday before NFPs on Friday....

The Australian Dollar looks primed to fall against the US Dollar on technical and fundamental grounds. AUD/USD is in focus as APAC traders eye Australia’s trade data due out today....

Any direct connection between gold prices and midterm elections may be spurious, at best....

Major U.S. stock indices recovered from the day’s lows but ended in negative territory. U.S. Treasury yields and the dollar rose after better-than-expected ISM services PMI data....

The performance of US equity markets during a midterm election year does not appear to influence the outcome at the polls, based on data going back to 1946....

Oil prices continue to push higher as OPEC+ agrees to a large production cut. $90/bbl WTI now in sight....

Gold and silver prices trade lower on Wednesday, pressured by U.S. dollar strength and a sharp jump in U.S. Treasury rates following better-than-expected U.S. economic data....

The German Dax has pulled back towards key support after a strong rally drove the index above 12,600. With oil outputs set to fall, the geopolitical backdrop may continue to threaten key support....

U.S. services activity expands for the 28th consecutive month in September, easing less-than-expected, a sign that the economy remains resilient for the Federal Reserve to continue additional hikes....

Stocks put in a strong rally to start Q3 and already in Q4, many are asking if rates have topped and stocks have bottomed even as inflation remains brisk and above-target....