Market News

The Australian Dollar is in focus ahead of Chinese PMI data following a downbeat session on Wall Street. A beat on the data may help revive sentiment. The Reserve Bank of India is also in focus to close out the week....

The former-support zone around the July low ($1681) may act as resistance as the price of gold appears to be tracking the negative slope in the 50-Day SMA ($1726)....

U.S. stocks sold off on Thursday, erasing the previous session’s rally, dragged down by hawkish Fedspeak and bearish sentiment following negative news from Apple, the world’s largest tech company....

Brazilians will head to the polls on Sunday to elect the next president. Lula is expected to prevail over incumbent Bolsonaro, but may not receive enough votes to avoid a runoff election....

Banxico increases the benchmark interest rate by 75 basis points, bringing it to 9.25% and pledging to maintain a hawkish stance until inflation is on track to converge to the target....

EURUSD pushes higher again as traders eye Friday’s US PCE report....

The German and French benchmarks continue acting as bear market leaders; a further recovery in risk may set these indices up for continuation trades....

Cable’s relatively calmer price action suggests markets aren’t fully convinced about Liz Truss’ fiscal plans as she doubles down on Finance Minister Kwarteng’s mini budget...

German headline inflation hit a fresh multi-decade high in September on soaring energy and transport costs....

Wednesday’s run-up in the gold market is faltering with the precious metal turning lower as inflation and yield fears come back into focus....