Popular Analysis
Popular Analysis
Currencies
The US Dollar (USD) stays on the back foot early Tuesday as investors grow increasingly concerned about a possible government shutdown, which could cause a delay in data releases later in the week.
The US Dollar Index (DXY) is remaining subdued for the third successive session and trading around 97.90 during the Asian hours on Tuesday.
The AUD/NZD cross climbs to a fresh high since October 2022 during the Asian session on Tuesday.
The Australian dollar popped higher on Tuesday after the country's central bank held interest rates steady as expected while sounding a hawkish note on inflation.
The Japanese Yen (JPY) edged lower during the Asian session on Tuesday after the Bank of Japan (BoJ) Summary of Opinions indicated a divided board over the need for an immediate policy tightening.
Shares
For months, U.S. equity investors have largely shrugged off headwinds from Trump’s tariffs, economic slowdown concerns, and seasonal weakness.
The Hong Kong-listed stock rose as much as 4.1% to over HK$173 during Monday’s session.
BYD has confirmed that Berkshire Hathaway completely sold off its remaining shares earlier this year, ending a 17-year run that began in 2008.
Building humanoid robots has become Meta's next "AR-level bet."
President Donald Trump signed an executive order on Thursday formally approving the divestiture of TikTok’s U.S. operations, paving the way for the long-anticipated deal.
Commodity
Gold (XAU/USD) continues scaling new record highs during the Asian session on Tuesday and climbs beyond the $3,250 level amid a supportive fundamental backdrop.
WTI Oil price continues to lose ground, trading around $62.90 per barrel during the Asian hours on Tuesday.
Silver remains bid on US Dollar weakness, at 4-year highs, near $47.00.
Gold is trading above $3,800, after hitting fresh all-time highs at $3,819 on Monday's European session.
West Texas Intermediate (WTI), futures on NYMEX, strives to gain ground slightly below $65.00 during the Asian trading session on Monday.
Economics
Markets expect Job Openings in August to decline slightly to 7.1 million compared to the previous month's reading of 7.181 million.
Global stocks climbed as Dow futures rose 17 points, S&P 500 and Nasdaq futures stayed flat, and European and Asian indexes posted broad gains.
A political standoff between Republicans and Democrats over federal spending has put the U.S. government on the brink of a shutdown by October 1.
The data showed that the annualised quarter-on-quarter real GDP growth rate was 3.8%, surpassing the preliminary estimates of 3% in July and 3.3% in August.
The United States (US) Bureau of Economic Analysis (BEA) will publish the Personal Consumption Expenditures (PCE) Price Index data for August on Friday at 12:30 GMT.
Cryptocurrency
Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) remain muted as the broader cryptocurrency market recovers.
With broader sentiment worsening, user demand falling across the Ethereum network, and institutional investors pulling back, the coin faces mounting headwinds in October.
Gold prices climbed to a new all-time high in Asian trading hours on Monday, with spot prices surging to $3,800 per ounce.
Solana (SOL) trades above $210 on Monday after rebounding from the key support last week.
Bitcoin (BTC), Ethereum (ETH) and Ripple are showing signs of stabilization at the start of the week, each holding above key support levels after recent declines.
Most Traded
OFFICIAL TRUMP
TRUMP/USD
7.71
+0.26%
Gold
XAU/USD
3855.94
-0.25%
EUR/USD
EUR/USD
1.17148
-0.00%
WTI
USOIL
60.392
-1.81%
USD/JPY
USD/JPY
147.222
+0.01%
Economic Calendar
Disclaimer:The above information is general information, for reference only, not as a basis for trading decisions.
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