• October 4, 2022
  • Market News
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Gold Prices May Rise Short-Term After Soft US ISM Data Crushed the US Dollar

Gold prices rallied the most in months after soft US ISM Manufacturing PMI cooled Fed rate hike bets. A softer US Dollar may support XAU/USD in the near term. What about beyond?...
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  • October 4, 2022
  • Market News
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Bitcoin Aims at 20,000 After Risk-On Move Weighs on US Dollar

Bitcoin prices are targeting the 20,000 psychological level after an overnight risk-on move that weighed on the US Dollar and supported equity indexes. That move may extendi into today’s APAC trading....
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  • October 4, 2022
  • Market News
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AUD/USD Rate Vulnerable to Dovish RBA Rate Hike

The Reserve Bank of Australia (RBA) interest rate decision may do little to shore up AUD/USD as the central bank shows little interest in carrying out a restrictive policy....
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  • October 4, 2022
  • Market News
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Market Recap: US Equity Indices Bounce to Begin Q4

Major U.S. stock indices rally as US Treasury yields and USD fall after a weaker-than-expected PMI figure suggests that rising interest rates have cooled demand for goods...
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  • October 4, 2022
  • Market News
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FX Week Ahead – Top 5 Events: RBA Rate Decision; RBNZ Rate Decision; US ISM Services; Canada Jobs Report; US NFP

The middle of September has inflation data and labor markets in focus....
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  • October 4, 2022
  • Market News
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Gold Performance in Midterm Election Years – There’s a Bigger Trend Elsewhere

Any direct connection between gold prices and midterm elections may be spurious, at best....
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  • October 4, 2022
  • Market News
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British Pound Soars as Truss Cans Tax Cut Plan. Will GBP/USD Extend its Recovery?

Sterling rose on Monday as the market cautiously welcomed the UK government’s decision to scrap a tax cut plan that would have weakened the country’s fiscal accounts....
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  • October 4, 2022
  • Market News
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S&P 500 Surges to Start Q4 –Do You Tail or Will it Fail?

Equities roar to life following a tough Q3 and poor end to September....
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  • October 3, 2022
  • Market News
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S&P 500 and Nasdaq 100 Extend Gains Despite Weak ISM Manufacturing Data

September U.S. manufacturing activity clocked in at 50.9 versus 52.2 expected, growing at its weakest pace since May 2020, a sign that the economy is rapidly weakening....
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  • October 3, 2022
  • Market News
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Expecting a Further Depreciation in Major Indices

Indices such as the S&P 500, the FTSE 100 and the DAX are currently in a decline since January 2022 high....
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