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Crude Oil Price Recovery Takes Shape amid Failure to Test January Low
Crude Oil Price Recovery Takes Shape amid Failure to Test January Low
2022-09-30 00:30:05
The price of oil may stage a larger recovery over the coming days as crude reverses ahead of the January low ($74.27).
AUD/USD Eyes Chinese PMI Data as Prices Approach Recently Surrendered Channel
AUD/USD Eyes Chinese PMI Data as Prices Approach Recently Surrendered Channel
2022-09-29 23:00:00
The Australian Dollar is in focus ahead of Chinese PMI data following a downbeat session on Wall Street. A beat on the data may help revive sentiment. The Reserve Bank of India is also in focus to close out the week.
Gold Price Rebound Eyes Former Support Zone
Gold Price Rebound Eyes Former Support Zone
2022-09-29 21:30:05
The former-support zone around the July low ($1681) may act as resistance as the price of gold appears to be tracking the negative slope in the 50-Day SMA ($1726).
Stock Market News: S&P 500, Nasdaq 100 Hit by Hawkish Fedspeak & Apple Selloff
2022-09-29 20:25:00
U.S. stocks sold off on Thursday, erasing the previous session's rally, dragged down by hawkish Fedspeak and bearish sentiment following negative news from Apple, the world’s largest tech company.
Brazil Election: Brazilian Real, IBOVESPA, EWZ Brace for Bolsonaro vs Lula Faceoff
2022-09-29 19:00:46
Brazilians will head to the polls on Sunday to elect the next president. Lula is expected to prevail over incumbent Bolsonaro, but may not receive enough votes to avoid a runoff election.
Mexican Peso Outlook: USD/MXN Muted after Banxico Follows FOMC Hiking Pace
2022-09-29 18:30:00
Banxico increases the benchmark interest rate by 75 basis points, bringing it to 9.25% and pledging to maintain a hawkish stance until inflation is on track to converge to the target.
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