Euro zone investor morale registers unexpected and strong rise in February
The Eurozone investor morale rose strongly in February and hit the highest since July 2025, Sentix survey showed on Monday.
The index jumped unexpectedly to 4.2 points in February, compared to a 1.8 point drop in January the month…
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US private payrolls increase well below expectation-ADP
The ADP private sector payrolls report, released on Wednesday, showed that private payrolls increased well below expectations in January, with job losses in the professional and business services and manufacturing sectors, being mainly…
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GOLD – recovery extension above $5000 improves near-term picture and boosts optimism
Gold regained levels above $5000 on Wednesday as strong recovery extends into second consecutive day (metal was up almost 6% on Tuesday, in the biggest daily gain in years).
Brief pause in geopolitical stage (one of gold’s key drivers…
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Reserve Bank of Australia raises interest rates by 0.25% as inflationary pressures persist
The Reserve Bank of Australia raised interest rates by 25 basis points from 3.60% to 3.85% in a unanimous vote and widely expected decision.
This was the RBA’s first hike in two years and came just six months after its last rate cut in…
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WTI OIL – double failure at key support zone signals that pullback from new multi-month high…
WTI oil extended pullback from new multi-month high ($66.46) in early Tuesday’s trading, following gap-lower opening at the start of the week and over 4% drop on Monday which marks the biggest daily loss since Nov 11.
Signals of…
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GOLD – the downside is still very vulnerable despite today’s strong bounce
Gold extended sharp drop and fell to the lowest in one month, after trading on Monday started with about $100 gap lower, signaling that negative sentiment (after Friday’s biggest daily drop in over four decades), persists.
De-escalating…
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Gold – strong two-day pullback cracks $5000 support but larger bulls remain in play
Gold dipped briefly below key $5000 support on Friday, in extension of spectacular drop of more than $600 in just two days.
As I signalled in yesterday’s comment, risk of pullback has increased after the yellow metal’s price advanced for…
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AUDUSD pulls back from new three-year high
AUDUSD extended rally for nearly two weeks and hit three-year high on Thursday (0.7093), before easing.
Weakening US dollar and Aussie tracking strong rise in precious metals, were mainly behind the latest rally (up over 6% since the…
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Gold price exploded after break of $5000 barrier and eye $6000, but bulls may take a breather…
When gold broke through magic $5000 barrier on Monday, I was asked whether the metal can reach $5500 in coming months? My answer was that $6000 per ounce is very likely and in a matter of weeks, not by the end of the year, as some analysts…
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WTI oil price rises to four-month high on supply concerns
WTI oil rose further on Wednesday (in extension of Tuesday’s 2.9% advance) and hit the highest in four months ($63.50).
Weakening dollar, disrupted US crude output due to heavy winter storm which halted production and recent outages from…
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