The September RBA meeting is now 1-week away which sets AUDUSD and AUDJPY back in the spotlight. Where might the Australian Dollar head next?
Crude oil prices may succumb to selling pressure once again after a brief respite as trade war worries push markets to reduce exposure ahead of the weekend.
Gold prices continued to surge as markets bet that trade war escalation will sink global economic growth and push central banks to drive down interest rates.
Spot AUDUSD remains at risk with looming China trade balance data due for release during Thursday's trading session.
Crude oil prices seem poised to revisit two-month lows near the $50/bbl figure as US-China trade war escalation sours global economic growth expectations.
Amidst a recovery rally from Wednesdays selloff, President Trump announced an additional round of tariffs on goods coming into the United States from China as stocks dived.
Gold prices area struggling to break from a choppy range despite market turmoil as the US Dollar remains broadly resilient, capping scope for anti-fiat asset gains.
The five largest export sectors to China may see their underlying shares weigh on the broader market after China lowered growth forecasts.
Gold prices may extend higher on dovish minutes from Januarys FOMC meeting, but technical positioning warns that a top may be brewing ahead.
The Australian, Canadian and New Zealand Dollars fell as downbeat RBA meeting minutes fed global slowdown fears. US-China trade talks are now in focus.
Crude oil prices broke chart resistance and hit a 3-month high but trade war news flow – from US-China negotiations to the threat of new
The Yen and US Dollar may rebound as hopes for a breakthrough in the US-China trade war give way to worries about a looming hike
The Japanese Yen and US Dollar may rise if the CBO downgrades economic growth bets while ECB President Draghi strikes a worried note in scheduled
The US Dollar may rise, finding support in haven demand as data from the University of Michigan shows consumers mood darkened in January.