Gwendolyn

Summary Consumer confidence remained range-bound in August at levels not typically associated with robust spending, but not linked with sharp pullbacks either. The trend descent in consumers' assessment of the present situation goes hand in hand with the cooling labor market. Expectations remain ele

The Australian dollar is showing limited movement on Tuesday. In the European session, AUD/USD is trading at 0.6482, down 0.01% on the day. Australian CPI expected to jump to 2.3% The markets are bracing for an acceleration in Australian CPI on Wednesday. The market estimate stands at 2.3% y/y, comp

Markets head into the weekend with Powell’s Jackson Hole address front and centre. The symposium’s theme — “Labour Markets in Transition” — goes straight to the heart of the Fed’s current dilemma: softening growth signals on one side, still-sticky inflation risks on the other. With Powell due to spe

Euro (EUR) continued to trade subdued. Pair was last at 1.1645 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note. Recent range between 1.1580 and 1.1700 to hold "Daily momentum and RSI indicators are not showing a clear bias for now. 2-way trades likely. Support here at 1.1630/40 l

As the figures for the 10 non-ferrous metals already indicated, refined Copper production in China continued to rise in July, Commerzbank's FX analyst Volkmar Baur notes. China produces 50% of the world's refined Copper "At 1.27 million tons, monthly production was - in non-seasonally adjusted terms

Trump extended the tariff truce with China – which was set to expire today – by 90 more days, announced that gold will finally not be tariffed, and confirmed that Nvidia and AMD will pay the US government a 15% cut of their Chinese sales. He also said that his upcoming talk with the Russian Presiden

Executive summary Trend bias: USD/CHF appears to have bottomed at .7872 and beginning a bullish rally. Key levels: Bullish above .7872. Target zone: Upside target lies near the 0.83 region and possibly .86. Current Elliott Wave analysis The Elliott wave analysis for the USD/CHF daily chart illustrat

Preliminary China’s Customs data showed strong domestic demand for industrial metals. Imports of unwrought Copper rose 9.1% YoY (+4.3% MoM) to 480kt in July, ING's commodity experts Ewa Manthey and Warren Patterson note, ING's commodity experts Ewa Manthey and Warren Patterson note. Copper concentra

Franklin Gold Fund, managed by Franklin Templeton Investments, focuses on investing in global gold-related industries. By allocating assets to stocks of major gold mining companies worldwide, the fund helps investors diversify portfolio risks, aiming for both wealth preservation and capital apprecia

When trading with a funded account, many traders forget that clearing the challenge phase is just the beginning. Yes, to clear them is a win, but the real deal starts once traders go live. Once they go live, they enter a world full of pressure with real capital at stake. Not only do the rules get ti

Bank of England decision to be the week’s main event. ISM services PMI is only other highlight in relatively quiet week. Market sentiment might struggle in aftermath of Trump’s August 1 tariffs. BoE faces tough balancing act The Bank of England will keep the central bank theme going over the coming