Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Markets Cautious, Brexit and Stimulus Talks in Focus
Information is not investment advice
Ichimoku Kinko Hyo
NZD/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming bullish momentum.
XAG/USD: Silver during the last hours is trying to move higher and continues to stand above 23.6% retracement area. Silver’s outlook remains bullish.
US Market View
U.S. stock markets are set to open moderately lower after making strong gains on Monday in expectation of a fiscal stimulus package.
Trump returns to the White House, talk on fiscal stimulus progresses, and central bankers line up to promise more. Stocks are drifting lower, but oil is well supported ahead of weekly stockpile data. Here is what you need to know in financial markets on Tuesday, October 6th. Talks on a fresh round of fiscal support for the U.S. economy appear to be making progress toward completion.
House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke by telephone for an hour on Monday to narrow their remaining differences. The talks are set to continue Tuesday, according to various reports.
US Key Point
- EU reportedly ready to call UK's bluff on Brexit talks
- ECB's de Cos supports that here is a risk that vaccine might not arrive by middle of 2021
A United Nations agency is warning that the central bank’s actions create a high risk of pushing the global economy into recession.
Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.