Silver prices decline as a risk-on mood and weak Chinese economic data weigh on the precious metal. Momentum favors buyers, but caution is warranted with the RSI showing signs of weakening. Key resistance lies at $31.63, with bulls aiming for $32.00 … [Continue reading]
NZD/USD: NZD must break below 0.6050 to continue falling – UOB Group
The New Zealand Dollar (NZD) is likely to consolidate in a range of 0.6065/0.6115. In the longer run, oversold weakness has not stabilised, but NZD must break clearly below 0.6050 before further sustained decline is likely, UOB Group’s FC analysts … [Continue reading]
Switzerland Producer and Import Prices (YoY) fell from previous -1.2% to -1.3% in September
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
USD/JPY holds above 149.00 on firmer US Dollar
USD/JPY trades on a stronger note near 149.20 in Monday’s Asian session. The BoJ rate hike uncertainty continues to undermine the JPY, but geopolitical risks might cap its downside. The US PPI supports the case for a Fed rate cut in … [Continue reading]
New Zealand Business NZ PSI climbed from previous 45.5 to 45.7 in September
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China Consumer Price Index (YoY) below expectations (0.6%) in September: Actual (0.4%)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China Producer Price Index (YoY) below expectations (-2.5%) in September: Actual (-2.8%)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China Consumer Price Index (MoM) registered at 0%, below expectations (0.4%) in September
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States CFTC Gold NC Net Positions down to $278.2K from previous $299.9K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States CFTC Oil NC Net Positions rose from previous 159.6K to 190.6K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]