Oil opened the new quarter on the front foot, edging higher on widespread bets that global demand is running ahead of supply. West Texas Intermediate advanced above $91 a barrel after soaring 29% in the three months to September, the biggest third-quarter gain in almost two decades. Holidays in many Asia-Pacific nations on Monday, including China and…
The Australian Dollar (AUD) snaps the winning streak on the third successive day on Monday. The AUD/USD pair received upward support, primarily supported by the upbeat Chinese PMI data released over the weekend. However, the US Dollar (USD) continues to demonstrate resilience after the moderate economic data released on Friday. Australia’s TD Securities Inflation (YoY)…
Gold fell for a sixth straight day, the longest losing run in more than 13 months, on the prospect of a higher-for-longer global interest-rate scenario. Bullion fell 4% last week as a drop below $1,900 an ounce triggered outflows from exchange-traded funds, with investors cutting bullish gold bets to a five-week low on Friday. A surge in bond yields from…
Japanese equities were mixed as investors await the Friday release of the Fed’s preferred measure of inflation — the personal consumption expenditures price index. Topix Index fell 0.2% to 2,340.90 as of 9:06 a.m. Tokyo time Nikkei advanced 0.1% to 31,920.22 Mitsubishi UFJ Financial Group contributed the most to the Topix’s decline, decreasing 1.5%. Out of 2,156…
Dolar menyentuh level tertingginya dalam sembilan bulan pada hari Rabu (27/9) di tengah prospek bahwa keunggulan imbal hasil riil greenback akan meluas dibandingkan mata uang lainnya karena Federal Reserve mempertahankan kebijakan yang membatasi. Indeks Bloomberg Dollar Spot naik sebanyak 0,1% ke level tertinggi sejak Desember sebelum tidak banyak berubah. Gubernur Fed Michelle Bowman mengatakan peningkatan…
Harga emas turun di bawah level-level kunci pada hari Rabu (27/9), memperpanjang penurunan baru-baru ini ditengah kekhawatiran yang terus-menerus terhadap kenaikan suku bunga, menyusul sinyal hawkish dari Federal Reserve, membuat sebagian besar investor lebih menyukai dolar. Greenback mencapai level tertinggi dalam 10 bulan pada minggu ini, setelah sebagian besar mengambil alih posisi emas sebagai aset…
