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Sunset market commentary

Markets: The market current is strong. Bearish sentiment on core bond markets is still name of the game with the long end of the curves underperformin...

October 3, 2023, 2:13 pm

Aud/usd cracks to near 0.6300 after rba’s unchanged policy, us job data in focus

The AUD/USD pair witnessed extreme selling pressure after the Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.10%. The Aussie asset...

October 3, 2023, 1:29 pm

Aud/nzd refreshes four-month low below 1.0700 after rba continues steady policy

The AUD/NZD pair printed a fresh four-month low at 1.0680 on Tuesday after the Reserve Bank of Australi...

October 3, 2023, 11:14 am

Krispy kreme stock rises as it puts insomnia cookies up for sale

Krispy Kreme Doughnuts Inc (NASDAQ:DNUT) stock was on the front foot, up around 3% at $12.80, as the doughnut company said it was hoisting the ‘for ...

October 3, 2023, 8:53 am

Gbpusd tumbles to fresh 6-month low, looks oversold

GBPUSD stuck in a steep decline since mid-July, appearing unable to recover Records consecutive multi-month lows as the bulls remain on the sidelines ...

October 3, 2023, 8:43 am

Jasper’s market squawk 03-10-2023

Dollar Extends Rally After Brief Pullback The gloomy market sentiment continued on Monday after a brief relief from a government shutdown aversion, bu...

October 3, 2023, 8:26 am

Gold loses $100 as $1800 looms

Gold continued falling for the seventh straight session, dropping to a fresh multi-month low. Hawkish F...

October 3, 2023, 6:49 am

Rba governor bullock left rates unchanged at her first meeting

Governor Bullock has made absolutely minimal changes in her first Statement despite evidence of higher inflation in the September quarter. She is like...

October 3, 2023, 6:28 am

Gold price forecast: xau/usd could stage a rebound if $1,810 support holds

The daily technical setup for Gold price suggests that a rebound could be in the offing before a fresh ...

October 3, 2023, 3:14 am

Usd/cad climbs to 1.3700 neighbourhood, highest since march on sliding oil prices/bullish usd

USD/CAD gains traction for the third straight day and climbs to a fresh multi-month top. Retreating Oil...

October 3, 2023, 2:59 am

Eur/usd languishes near ytd low, just above mid-1.0400s on bullish usd

The EUR/USD pair now seems to have entered a bearish consolidation phase and is seen oscillating in a narrow trading band, around the 1.0465 area, or ...

October 3, 2023, 1:59 am

Boa have hiked their forecasts for japanese inflation - core cpi above 2% through 2025

Yesterday we had Japanese firms forecasting above-target inflation out for 5 years:Firms expect the CPI still above 2% target in 5 yearsBoA, too, has ...

October 2, 2023, 10:50 pm

Nz interest rates close at fresh highs yesterday with further increases likely today

Surprise weekend resolution to avoid US government shutdown and stronger than expected US ISM manufacturing survey add to upside pressure on rates....

October 2, 2023, 6:59 pm

Instacart's stock hits fresh lows after another analyst says don't buy

Shares of Instacart dropped to new lows Monday, after yet another Wall Street analyst recommended investors not buy into the grocery-delivery app, as ...

October 2, 2023, 11:58 am

Nasdaq composite technical analysis - pullback or the start of a rally?

Last week, the market remained under pressure as the more hawkish than expected FOMC dot plot was still fresh<...

October 2, 2023, 11:00 am

Gold price faces pressure despite soft us pce inflation, us manufacturing pmi eyed

Gold price weakens after a bearish crossover by the 20-day and 200-day Exponential Moving Averages (EMAs). The precious metal sticks to the...

October 2, 2023, 10:29 am

Dow jones technical analysis - key levels in play

Last week, the market remained under pressure as the more hawkish than expected FOMC dot plot was still fresh<...

October 2, 2023, 9:49 am

Eurusd bounces off 8-month low; downtrend intact

EURUSD stuck in a clear downward path, posting a fresh 8-month bottom of 1.0487 Formation of a death cr...

October 2, 2023, 8:21 am

S&p 500 technical analysis - the start of a new rally?

Last week, the market remained under pressure as the more hawkish than expected FOMC dot plot was still fresh<...

October 2, 2023, 6:11 am

Gold price forecast: will fed chair jerome powell rescue xau/usd buyers?

In the meantime, the US ISM Manufacturing PMI and Fed Chair Jerome Powell’s speech due later in the day will be eyed for...

October 2, 2023, 4:59 am


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