STI at Crossroads: How to Trade with Strong Momentum & Historical Highs

Prior was +3.3% Prices m/m -0.1% vs +0.3% expected (prior was +0.9%) PPI ex-food and energy +2.8% vs +3.5% expected (prior was +3.7%) ex-food and energy m/m -0.1% vs +0.3% expected (prior was +0.9%) Ex-food, energy and trade +2.8% y/y vs +2.8% prior Ex-food, energy and trade 0.3% m/m vs +0.6% prior Tomorrow the CPI…

Investing.com – Poland stocks were lower after the close on Monday, as losses in the , and sectors led shares lower. At the close in Warsaw, the declined 0.54% to hit a new 1-month low. The best performers of the session on the were 11BIT (WA:), which rose 5.32% or 8.60 points to trade at…

Gold price receives support from safe-haven flows as Joe Biden discussed contingency plans to strike Iran’s nuclear facilities. The dollar-denominated Gold could struggle as the US Dollar Index trades around its multi-year high of 109.56, reached on Thursday. The non-yielding Gold could receive support as yields on US Treasury bonds remained subdued. Gold prices (XAU/USD)…

Bank of Canada (BOC) members have recently hinted at more interest rate cuts, despite their push for more data dependence. Will November’s labor market data support the central bank’s relatively dovish lean? We’re taking a closer look at the points you need to know if you’re trading the event! This Article Is For…

Markets: Gold up $38 to $4012 US 10-year yields down 9.3 bps to 4.055% WTI crude oil down $2.70 to $58.81 Bitcoin down $4224 to $116,950 S&P 500 down 2.7% JPY leads, AUD lags It was looking like a quiet end to the week early in the day. Canadian employment data was strong and that…