Nasdaq 100 Tumbles on Inflation Fears, Nikkei 225 and ASX 200 May Fall

The Nasdaq 100 index tumbled on Monday as rising inflation concerns catalyzed profit-taking activity among the tech stocks. Asia-Pacific markets may follow a sour US lead lower.

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AUD/USD Eyes Chinese Inflation Amid Iron Ore Strength, US Dollar Fragility

AUD/USD is slightly weaker but remains near multi-month highs as the currency pair eyes Chinese inflation data amid surging iron ore prices and a weak US Dollar.

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British Pound May Extend Sharp Rise with Queen's Speech in Focus

The British Pound may continue to build higher after scoring the largest one-day rise in 14 months if the Queen’s Speech encourages BOE stimulus withdrawal bets.

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Gold Price Outlook Turns to Fed Speak After Consumer Inflation Expectations Jitter

Gold prices gave up gains as the Fed’s consumer inflation expectations survey unnerved financial markets. Will the central bank’s commentary rekindle XAU/USD’s momentum ahead?

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