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Gold Technical Analysis – The focus is on the US CPI

Gold Technical Analysis – The focus is on the US CPI

Fundamental OverviewThe upside in gold continues to be capped by the selloff in the US stock market as it tightens financial conditions when it’s this aggressive. The problem is that we got weaker economic data amid increasing inflation expectations. The market might...

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Euro nudges higher to start the session

Euro nudges higher to start the session

EUR/USD daily chartThe stirring run higher in the euro keeps going with EUR/USD now up another 0.5% to 1.0890 levels. The high briefly clipped the 1.0900 mark as buyers are looking to make a play again on the week. The 200-week moving average at 1.0865 is a crucial...

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Recession risks starting to draw more attention this week

Recession risks starting to draw more attention this week

Here's the Google trend on the topic of "recession" in the US:Amid Trump's tariffs and softer US economic data at the balance, we're seeing an uptick in interest on recession risks. And it's also feeding into the commentary from market analysts.NAB is out earlier...

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Moscow airport suspends flights after latest drone attack

Moscow airport suspends flights after latest drone attack

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US-China trade talks are reportedly at an impasse for now

US-China trade talks are reportedly at an impasse for now

Bloomberg is reporting, citing people familiar with the matter. The report says that both sides are talking past each other and are struggling to find common ground on the best way to proceed forward. China is claiming that the US hasn't provided any details on what...

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Citi downgrades US equites and upgrades China equities

Citi downgrades US equites and upgrades China equities

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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