• Sun. May 19th, 2024

Thomas Westwater

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Dow Jones, US Dollar, Gold, RBNZ, FOMC Minutes, AUD/USD, NZD/USD

[ad_1] Risk assets surged last week after a softer-than-expected US consumer price index (CPI) cooled inflation and growth concerns. The Dow Jones Industrial Average (DJIA) closed the week with a…

AUD/USD Targets 200-Day SMA as Copper and Coal Prices Surge Amid USD Pullback

[ad_1] Australian Dollar, AUD/USD, Energy, Copper, Iron Ore, Economic Outlook – TALKING POINTS APAC markets may see a cautious trading session after US stocks fell overnight A rise in copper,…

Gold Prices May Fall as Fed Fights Pivot Bets and Short Covering Slows

[ad_1] Gold Fundamental Forecast: Bearish Gold prices rose over 1.5% as traders ramped up Fed pivot bets after a soft CPI print The Fed may pushback against enthusiastic risk-taking, potentially…

USD/CNH Trades Around 20-Day SMA Ahead of China CPI, PPI

[ad_1] Chinese Yuan, USD/CNH, China Consumer Prices, Iron Ore, Technical Outlook – TALKING POINTS Asia-Pacific traders brace for volatility after stocks fall in New York China’s July CPI print is…

Crude Oil Prices Fall as Market Backwardation Weakens Ahead of OPEC Report, EIA Data

[ad_1] Crude Oil, Brent Oil, Iran, EIA, OPEC, Backwardation, Technical Outlook – TALKING POINTS WTI and Brent crude oil prices dip after a bright start to the week as traders…