Markets hit by caution ahead of US retail sales data

The mood across financial markets was cautious this morning as rising geopolitical tensions in the Middle East and persistent uncertainty over US-China trade developments...
HotForex Market Review

Action on Pound

GBPUSD The pound has been relatively steady in recent sessions versus the other major currencies, on net, though has retained a heavy tone for want of...

US Retail Sales to Bounce Back in May After April Slump

The US retail sales report due today will mark the end of a busy week ahead of the Fed meeting next week. Economists forecast...
HotForex Market Review

Gold rallies – Opens the doors to 1400?

Gold rallies – Opens the doors to 1400? – Gold spikes higher as China production growth continues to decelerate, geopolitical tensions increase, and due...
XM Market Review

Daily Market Comment – Oil, gold up on Middle East tensions;...

Brent crude extends gains following tanker attack in Gulf of Oman; gold lifted too Dollar heads for weekly gains as US retails sales and Fed...
IC Markets Market Review

Markets lower on Middle East tensions

Global Markets: Asian Stock Markets : Nikkei up 0.35%, Shanghai Composite down 0.44%, Hang Seng down 0.42%, ASX up 0.13% Commodities : Gold at $1348.95 (+0.39%),...

AUDUSD Wave Analysis – 13 June, 2019

AUDUSD broke daily up channel Further losses are likely AUDUSD recently broke the support trendline of the narrow daily up channel from the middle of May...

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