Key economic releases & events for the trading week.The key release is an earnings release
Nvidia releases earnings on Wednesday after the close.
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Nvidia releases earnings on Wednesday after the close.
Gold price (XAU/USD) has executed a short-term recovery move in the midst of a persistent downtrend.
The AUD/USD pair retreats from 0.6570 as the US Dollar Index (DXY) has recovered swiftly in the early New York session.
After last week’s bond/equity rally and USD correction, markets might look for a new short‐term equilibrium. Several key technical levels are under severe strain. For the US 10‐y yield we look out whether the 4.5% area holds. The German 10‐y yield dropped below the 2.68% neckline, with the 2.56/60% area a next reference. For EUR/USD, 1.0764 (38% retracement July top/Oct low) is a key resistance. For bonds as well as for the USD correction, maybe the easy part of the move might be behind us.
Gold price (XAU/USD) has reported a corrective move to near $1,910.00 in the London session. The precious metal is under pressure as consistent reiter