The Australian Dollar slipped after China’s primary manager’s index (PMI) data missed estimates, adding to concerns about the global growth outlook. If the slowdown continues, will it sink AUD?

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The Dow Jones and S&P 500 retreated from intraday highs as markets digested that a potential US debt deal to avoid default could open the door to USD 1 trillion in fiscal spending cuts.

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Crude oil prices plunged on Tuesday, hitting their lowest level since early May, dragged down by concerns over the demand outlook and OPEC+ infighting as Russia reneges on its pledge to curb output.

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EUR/USD appeared to mount a defence against the relentless selling of the pair on Tuesday. Mixed Chinese data also weighs on the Euro as USD hike odds point to a hike

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S&P 500 continues to be driven by the AI frenzy, with traders ignoring macroeconomic data and political developments in Washington

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