Market Update: Forex – Gold – Oil – Stock Indices
Hi traders, in today’s Asian session we take a look at some the significant levels we’ve been watching, with a focus on the Forex majors, gold, oil and stock indices.
The RBA made comments around the AUD today, suggesting a weaker AUD could help boost jobs. There was also talk around fiscal support to help boost the economy due to the coronavirus pandemic.
Risk currencies have started the EURO session flat to lower. Gold remains in the red and oil is showing early signs of resistance becoming support. In early trade, European indexes are trading in the red.
Data to come;
10:30 pm AEST US Retail and Core Retail Sales data.
Today’s Market Analysis Video