Crude Oil Prices: EIA Inventory to Shift into Focus After OPEC Announcement

Crude oil prices are slightly higher in APAC trading ahead of today’s OPEC meeting. The oil cartel may decide to hold production steady. After that, traders will shift focus to the US EIA inventory…

from DailyFX – Market News https://bit.ly/3JrLAnx
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Gold Price Peels Lower as US Dollar and Treasury Yields Gain. Where to for XAU/USD?

Gold dipped overnight after four Fed speakers hit the wires to hose down a pivot in policy, sending Treasury yields and the US Dollar higher. Will the XAU/USD recover?

from DailyFX – Market News https://bit.ly/3QaM3g6
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AUD/USD Hit on Stronger USD, Geopolitical Headwinds After RBA Disappointment

The Australian Dollar sank against a broadly stronger US Dollar as geopolitical risks felled market sentiment. New Zealand posted strong/week second-quarter jobs data, but NZD failed to react.

from DailyFX – Market News https://bit.ly/3OP6E8R
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S&P 500 and Nasdaq 100 Slide as Treasury Yields Spike, US-China Tensions Weigh

The Nasdaq 100 and S&P 500 fall Tuesday for a second straight day as U.S. Treasury yields soar on fears that the Fed will continue to raise interest rates aggressively to cool inflation.

from DailyFX – Market News https://bit.ly/3oMZMhw
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