GBP/USD remains caught between significant areas of support and resistance. Meanwhile UK mortgage data continues to struggle declining for a 5th consecutive month.
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Etiqueta: DailyFX – Market News
Crude Oil Price Forecast: Chinese PMI’s & Weaker USD Offer a Lift for Crude Oil
Brent crude and WTI crude oil have benefitted from a risk on sentiment through positive Chinese manufacturing PMI data alongside a softer US dollar.
from DailyFX – Market News https://bit.ly/41yKwqN
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Hang Seng Breaks Higher on Solid China PMI Data. Will HSI Continue to Gain?
Hong Kong’s Hang Seng Index leapt higher after Chinese PMI readings were much better than expected amid hopes that the world’s second-largest economy might stoke global growth.
from DailyFX – Market News https://bit.ly/3SCyjgy
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Australian Dollar Dunked After GDP Miss Provides Volatility. Will AUD/USD Go Lower?
The Australian Dollar dipped under 67 cents after fourth-quarter GDP data missed estimates but saw some upward revisions to previous quarters. Where to for AUD/USD?
from DailyFX – Market News https://bit.ly/3m85n3P
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Gold Prices Rebound but Respite May Be Short-Lived, S&P 500 Muted as Yields Rise
Gold prices and the S&P 500 could resume the next leg lower in short order if bond yields continue their stratospheric rise amid a hawkish repricing of the Fed’s hiking path
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Educ Arte Económico 