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Economic calendar in Asia 04 October 2024 – a light one

Economic calendar in Asia 04 October 2024 – a light one

Mainland China remains on holiday, markets there reopen on Tuesday October 8. Hong Kong is, of course, open. The Hang Seng index had a retracement fall yesterday. On the data agenda, Australian housing finance is about it. This is unlikely to move AUD too much upon...

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US crude oil futures settled at $73.71

US crude oil futures settled at $73.71

The price of crude oil futures are settling at $73.71. That is up $3.61 or 5.15%. The high price reached $73.92. The low price today reached $70.56.Looking at the daily chart above, the price is trading at the highest level since September 3, and above the 38.2%...

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EURCHF stuck in its own up and down trading range

EURCHF stuck in its own up and down trading range

While the USDCHF pushes the topside of the "Red Box" today that has confined the pair going back to August 20, the EURCHF is mired within its own confined range.Apart for a time period between April 10 and April 11, the price of the EURCHF has been confined to a range...

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Gold consolidating recent gains near highs

Gold consolidating recent gains near highs

Gold has been consolidating in up and down trading this week. The high price was reached on Tuesday at $2673.14. That was just above the all-time high close was reached last Thursday at $2672.03. The low price this week was reached on Monday at $2624.82. The current...

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