Gold Rises On Firming Fed Rate Cut Bets And Weaker USD, Positive Risk Tone Might Cap Gains
Gold attracts fresh buyers following the previous day's two-way price move and climbs back closer to the $4,150 level during the Asian session on Wednesday.
EUR/USD Rises To Near 1.1600 As US Data Boost Fed Rate Cut Bets
EUR/USD extends its winning streak for the third successive session, trading around 1.1580 during the Asian hours on Wednesday.
AUD/NZD Tumbles To Near 1.1430 As RBNZ Cuts OCR By 25 BPS To 2.25%, As Expected
The AUD/NZD pair slides vertically to near 1.1430 during the Asian trading session on Wednesday.
ETF Digestiv
As I struggle to stay awake after a big Thanksgiving meal, here are a few thoughts in the caption area of these charts.
Waiting For Data: Schedule And Alternative Business Cycle Indicators
For those interested in alternative business cycle indicators, here are latest GDO, coincident index, vehicle miles traveled, and freight services, among others.
Volatility Dispersion Forces Override Liquidity Headwinds
Stocks were surprisingly higher, even though it was a Treasury settlement day, and we saw overnight funding rates rise, notable usage of the Standing Repo Facility increased, and a drop in Bitcoin.