UK-focused data takes a back seat as US, EU (jobs, inflation) direct shorter-term moves. US PCE out later and NFP could add credence to recent weaker jobs data
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Dax, S&P 500 and CAC40 See Further Strength in Early Trading
Indices have seen further gains this morning, building on the recovery seen over the past week.
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EUR/USD Slides as Euro Area Makes Progress on Core Inflation, Headline Steady
The Euro Area saw core inflation cool in August but the headline and MoM figure remain sticky. No real clarity from today’s data will only add to the ECB’s conundrum moving forward.
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XAU/USD Price Forecast: Gold Extends on US Jobs Data
Gold prices have pushed higher on recent US jobs figures but PCE and NFP data will be key inputs as to the Fed’s rates trajectory.
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China PMI Bounce Yet to Excite HK/China Equities: Hang Seng, CSI 300 Price Setups
The improvement in China’s manufacturing activity is yet to impress Hong Kong/China equities. Is the recent rebound in the Hang Seng Index and the CSI 300 Index sustainable?
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