The State Council Information Office of China held a highly-anticipated press conference on Saturday, led by Finance Minister Lan Fo’an. The market was hoping for
Category: Resources
Dow Jones claws into another record high after September PPI inflation cools
The Dow Jones climbed into an all-time peak on Friday. US PPI figures showed September producer-level inflation stayed flat overall. Upbeat bank earnings helped to
AUDUSD trades up and down in trading today with swing areas defining support & resistance.
The AUDUSD fell to – and through the 38.2% retracement of the move up from the August low at 0.67146 late yesterday, but bounced higher
Dow Jones Industrial Average climbs 400 points on Wednesday rebound
The Dow Jones added a full percent on Wednesday, climbing over 400 points. Equities are staging a rebound after the week’s early declines. Stocks weigh
SocGen: USD/JPY poised for brief pullback towards 145 before targeting 152
USDJPY daily SocGen anticipates a temporary pullback in USD/JPY towards 145, followed by a potential rally towards the significant resistance level near 152. Key Points:
EUR/GBP rises as traders continue to digest Bailey’s comments
EUR/GBP rises over a third of a percent on Monday as traders continue to discount comments from BoE’s Andrew Bailey. The bank’s Governor said the
Weekly Market Outlook (07-11 October)
UPCOMING EVENTS: Monday: Eurozone Retail Sales. (China on holiday) Tuesday: Japan Average Cash Earnings, RBA Meeting Minutes, US NFIB Small Business Optimism Index. Wednesday: RBNZ
Dow Jones climbs in NFP-fueled risk appetite recovery
The Dow Jones recovered ground on NFP Friday, but still remains down on the week.. The US added far more jobs than expected in September.