Gold: Continues to Benefit from Fed’s Recent Dovish Shift

Sentiment in Chinese equities reversed suddenly to a significantly more bullish state after the Politburo – which is the highest-decision making bodies within the Communist Party – pledged to embrace a ‘moderately loose’ monetary policy in 2025. This is a meaningful dovish shift from the ‘prudent’ stance of the past 14 years, hinting that further […]

AUDJPY reversed from support level 103.00 Likely to rise to resistance level 104.50 AUDJPY currency pair recently reversed up from the key support level 103.00 (which has been reversing the price from the middle of May). The support level 103.00 was strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of […]

Markets On Friday a divergent narrative of in line, rather soft US price deflators and higher than expected EMU May CPI inflation caused US and EMU interest rate markets to part ways, with US yields declining and EMU interest rates still gaining a few bps. Today US and European bonds again moved in the same […]