US Indices Hit a Roadblock After Solid Services Print: S&P 500, Nasdaq

US indices turned lower on Wednesday after stronger-than-expected services sector data pushed up the odds of a November rate hike. What’s next for S&P 500 and the Nasdaq 100 index?

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Euro Holds Ground Ahead of ECB as US Dollar Flexes. Where to for EUR/USD?

The Euro backed away from recent lows today with the US Dollar ascendency taking a breather. The ECB meet week and the market is uncertain about a hike. If they do, will EUR/USD rally?

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Real Yields Continue to Cast Shadow Over Gold: XAU/USD Price Action

Gold is restarting to feel the heat of rising US real yields following upbeat US data in the past couple of days. What is the outlook and what are the key levels to watch in XAU/USD?

from DailyFX – Market News https://bit.ly/3RhcNj3
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Crude Oil Price Makes New Peak on Supply Cuts and Inventory Run Down. Higher WTI?

Crude oil prices launched to a 10-month high overnight as OPEC+ supply cuts are extended, and US stockpiles continue to shrink while the structure of the market appears at a crossroads.

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