- FX – USDIndex has maintained its firmer tone, holding at 101.79 as EUR and GBP slump. But JPY is rallying on haven demand. AUD down to 0.6600 post Australian first-quarter inflation slow to 7%.
- Stocks – US futures rebound due o techs. #FRC down nearly 50%. #UPS down 9.99%. #McDonald’s -0.58%, #PepsiCo Inc. 2.27% and despite warnings that shoppers may become more resistant to price increases.
- Commodities – USOil has dropped below $77 thanks to the stronger USD and recession fears. Gold – flirted with $2000 again but ended at $1998.
- Cryptocurrencies – BTC flat below the key $28300.
Today – US Durable Goods & Earnings: Meta, Boeing , Thermo Fisher etc.
Biggest FX Mover @ (06:30 GMT) EURAUD (+0.57%) up to 1.6670. MAs aligned higher, MACD histogram & signal line rising, RSI 78, OB 96 but also flat, H1 ATR 0.00227 Daily ATR 0.01126.
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Andria Pichidi
Market Analyst
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