Gold Supported amidst Improved Sentiment, after another Rejection of Key Levels
Markets seem to be in a good mood today and XAU/USD trades with slight positive undertone, but lacks firm direction
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Markets seem to be in a good mood today and XAU/USD trades with slight positive undertone, but lacks firm direction
Conservative members of the UK parliament will hold a no-confidence vote in Boris Johnson later today, in the aftermath of the Sue Gray report into the “party-gate”
The index starts the week with profits, following a mixed performance in the previous one, as sentiment seems to be in a good place today
The pair comes from its best week since late-2016 and hawkish Fed comments, but the new one starts with caution, despite the fact that the BoJ remains committed to its ultra-easy policies
During the holiday-shortened week of May 30 – June 03, we saw AMC benefiting from the success of Top Gun: Maverick, Microsoft downgrading its revenue projections, Delta Airlines raising them and more developments
The US index is soft after yesterday’s rebound and gears up for the jobs report, at the end of a volatile and holiday-shortened week
OPEC and allies brought forward their oil production rises and USOil trades with caution today as market turn to the US jobs report
The pair comes from a volatile month during which it had its best performance since April 2021, as the European Central Bank has been turning hawkish, with the upcoming policy decisions looming
SOL/USD shed more than 11% yesterday, after the blockchain experienced an outage, extending losses today
XAU/USD comes from two straight profitable weeks, but this was not enough to prevent another losing month, while the new one starts with caution
Economic activity grew at a slower - albeit still solid - pace in the first quarter and in line with RBA’s projections and the pair is on the back foot as the US Dollar rebounds
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