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Forex
Australia CPI inflation set to ease to 3.7% YoY in November
The Australian Bureau of Statistics (ABS) will publish the Consumer Price Index (CPI) data for November at 00:30 GMT on Wednesday.This is the second complete monthly CPI report, as…
XAG/USD explodes above $80 as rally extends
Silver (XAG/USD) continues to rise parabolically, up more than 5%, trading above the $80.00 threshold a troy ounce, despite rising US Treasury yields and a strong US…
Cautious optimism ahead of US employment data
What you need to know on Wednesday, January 7:The US Dollar (USD) seesawed between gains and losses but held within familiar levels across the FX board. The US Dollar Index (DXY)…
Market breadth mystery
S&P 500 and Nasdaq premarket push did hold this time, so it was time to join for a few short hours on the ES long side. If you look at the Nasdaq hourly chart, the picture is…
Nvidia’s Huang sends JCI, TT, CARR lower after dismissing data center cooling
Nvidia (NVDA) CEO Jensen Huang frightened investors in cooling technologies on Tuesday after dismissing the need for them in data centers running on the semiconductor's newest AI…
Copper breaks $13,000 on strike and tariff fears – Commerzbank
Copper surged above $13,000 per ton as a strike at Chile’s Mantoverde mine and fears of renewed US tariffs tightened supply perceptions. Growing COMEX inventories and past…
Gold consolidates gains as geopolitics and Fed rate-cut bets support demand
Gold (XAU/USD) trades slightly firmer on Tuesday after posting gains of more than 2.5% the previous day, driven by a surge in safe-haven demand following United States (US) attacks…
Silver gains as US-Venezuela tensions, Fed rate cut bets boost demand
Silver (XAG/USD) trades around $78.40 on Tuesday at the time of writing, up 2.90% on the day, extending a streak of four consecutive days of gains. The white metal benefits from a…
NZD/USD pulls back below 0.5800 as markets turn cautious
The New Zealand Dollar’s rebound from the 0.5740 area on Monday has failed to find follow-through above the 0.5800 level during Tuesday’s European session, and the pair pulled back…
USD/JPY trades higher to near 156.50 while focus shifts to US NFP data
The USD/JPY pair trades marginally higher to near 156.50 during the European trading session on Tuesday. The pair gains as the US Dollar recovers its early losses and turns…