S&P 500, Volatility and Dollar Move from Midterms to CPI Anticipation While Crypto Shudders

The curb on broader market volatility from a thinned economic docket and anticipation for the US midterm elections will likely transition directly into CPI anticipation for Friday. But that doesn’t mean the S&P 500, Dollar and volatility measures are ‘safe’ from market swells. The volatility in crypto this past session highlights how flare ups can come out of the blue.

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Gold and Silver Forecast: XAU, XAG at Key Technical Levels as US CPI Nears

Gold and silver prices are at key technical levels after rallying in the first half of the week as a US Dollar pullback improved conditions for the metals. The US consumer price index (CPI) may threaten the rally.

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Australian Dollar Steady as Yuan Wobbles after Chinese CPI and PPI Cools. Lower AUD/USD?

The Australian Dollar holds the high ground after China’s CPI and PPI was below forecasts but the Renminbi eased as hopes tilted toward an easing of conditions. Where to for AUD/USD?

from DailyFX – Market News https://bit.ly/3UnLUZf
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USD/CNH Upside Eases Ahead of Chinese Economic Data: Asia-Pacific Outlook

The Chinese Yuan is in focus ahead of Chinese inflation data due today. US stocks closed higher after traders brushed off volatility in the cryptocurrency market. Copper resumed a technical breakout.

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