ASX 200, S&P 500 Index Forecasts: Healthy Correction Underway

The ASX 200 index is set to open mildly lower after a mixed Wall Street session despite rising iron ore prices. Crude oil prices surged to an eight-month high. Weaker US jobs data sank the US Dollar.

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Australian Dollar Hits Two Year High as Iron Ore Soars

Wall Street ended the day mixed as stimulus talks in Washington continued to drag on without a deal in sight. Meanwhile, the Australian Dollar extended its run into fresh multi-year highs as soarin…

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DAX 30 May Slip Lower as Restrictions Fail to Suppress Covid-19 Cases

Germany’s benchmark DAX 30 index may slide lower in the near term as the nation’s ‘partial’ lockdown fails to suppress coronavirus infections.

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Gold Prices Struggle Despite Dollar Declines, Crude Oil Turns to US Sentiment

Gold prices struggled despite US Dollar weakness and a drop in Treasury yields, signaling underlying vulnerability. Crude oil prices gained, but momentum seems to be fading.

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