The USD is higher to kickstart the trading day. Stocks pointing lower. Yields lower too.
The USD Is higher vs the major currencies to kickstart the new trading day. The biggest gains are vs the AUD (+0.64%) and the NZD (+0.49%). The greenback is up…
US nuclear power pact with Saudi Arabia lacks strict guardrails, letter says
US nuclear power pact with Saudi Arabia lacks strict guardrails, letter says Source link
US stocks rebounding. Nasdaq index bounces off a cluster of support targets
The NASDAQ index is rebounding sharply from its session lows after testing a key cluster of technical support levels. At the worst levels of the day, the index was down…
Gold prices dip as dollar firms amid bond sell-off, elevated inflation concerns
Gold prices dip as dollar firms amid bond sell-off, elevated inflation concerns Source link
Currie warns US oil inventory on course to hit rock bottom, no buffer left to draw on
Jeff Currie warns US oil inventories are rapidly approaching minimum tank levels, with stocks falling to around 102 million barrels and the summer driving season yet to begin.Summary:Jeff Currie, one…
Silver Caught in a Price Trap
After a long period of calm, volatility has returned to the silver market. Silver surged to a two-month high, rallying more than 20% from its May lows in just a…
AUDUSD bounces. Close to a failed break below floor
The AUDUSD extended lower on Monday, continuing the downside momentum that began late last week on Thursday and Friday. However, as the pair pushed lower, buyers started to lean against…
Gold remains under pressure amid worries of Fed rate hikes, prolonged US-Iran stalemate
FUNDAMENTAL OVERVIEWGold sank into monthly lows on Friday as real yields surged and we got broad risk-off flows heading into the weekend. There might have been some hedging due to…
Gold price plunges as Oil shock sends yields soaring
Gold (XAU/USD) price falls over 1.3% on Tuesday as the Greenback posts solid gains underpinned by US Treasury yields, with the 10-year note yield near a 16-month peak. At the…
Dollar Making a Tactical Retreat
Rumours of talks with Iran have caused the USD index to retreat. The pound has recouped some of its losses thanks to Labour’s intention to stick to the rules. The…
