US Q3 GDP Revised Up To 5.2% while Gold Prices Remain Steady and DXY Recovers
US Dollar Hits 3-Month Low, Sparking Curiosity
USD/JPY trades at 147.00 as Asia markets anticipate Japan Retail Trade and China PMIs
WTI Oil Faces Technical Challenges amid Swirling OPEC+ Rumors
Anticipating a robust closure, the Mexican Peso looks towards the imminent Banxico gathering
Australia’s Key Policy Rate Anticipated to Increase
NIO Surges Over 5% on Friday, Finishes Above 21-Day Moving Average
Pound Remains Stable Following Bank of England’s Pause
Weekly Market Recap (30th October-3rd November)
Pound Sterling Surges to Three-Week High on Positive Market Sentiment Boosted by Soft US Data
Gold Price Testing Resistance Below $2,000 in Anticipation of US NFP
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We maintain our belief that the RBA will maintain its December position, but the February 2024 meeting remains a possibility