Oil prices rose nearly 2%, recouping some of last week’s more than 7% decline, with no let-up of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.
The Oil-Dollar pair exploded 1.4% in the last session. The MACD is giving a negative signal.
Support: 66.981 | Resistance: 72.471
The dollar climbed, buoyed by a rise in U.S. bond yields, as solid U.S. economic data suggested the Federal Reserve can afford to be patient in cutting rates while investors positioned for the Nov. 5 presidential election.
The Aussie fell 0.8% against the Dollar in the last trading session. The ROC is giving a negative signal.
Support: 0.656 | Resistance: 0.6773
Cryptocurrency investment products recorded their biggest inflows since July, hitting the $2.2 billion weekly mark, according to CoinShares. Digital investment products continue on a positive trend amid optimism over a potential Republican election win in the United States election, CoinShares said .
The Silver-Dollar pair exploded 5.8% in the last session. The MACD is giving a positive signal.
XAG/USD skyrocketed 5.8% in the last session.
The MACD is currently in positive territory.
Support: 30.155 | Resistance: 36.527
The Gold-Dollar pair skyrocketed 1.0% in the last session. The ROC is giving a positive signal.
XAU/USD exploded 1.0% in the last session.
The ROC is giving a positive signal.
Support: 2668.6 | Resistance: 2762.8
Global hedge funds this week bought U.S. information technology stocks, such as semiconductors and hardware, at the fastest in five months amid the start of the third-quarter earnings season, according to Goldman Sachs.
Tech stocks powered Wall Street stocks to a higher close and crude prices posted their biggest weekly drop in a month as investors looked past mixed earnings and focused on solid Netflix results and Beijing’s policy steps to boost Chinese demand.
