Blogs

<p>Gold extended its Friday run to highs above $2140 during the early Asian morning. </p><p>Its since tumbled back to be around $2092 as I post.</p><p>Its been a bit of a choose your own adventure when posing narratives for the moves. I've heard everything ranging from driven by expectations of rate cuts (that

<p>Data from Australia. </p><p>Australia Company Gross Operating Profits (Q3) -1.3% q/q</p><ul><li>expected -0.5%, prior -13.1%</li></ul><p> Business inventories q/q 1.2%, this large build in inventories will adding notably to economic growth in Q3 (i.e. GDP)</p><ul><li>expecte

<p>The Melbourne Institute Inflation Gauge is produced by the Melbourne Institute of Applied Economic and Social Research at the University of Melbourne.</p><ul><li>+0.3% m/m vs. -0.1% prior</li><li>4.4% y/y vs. 5.1% prior<ul><li>4.4% y/y is its slowest in 19 months</li></ul></li><

<p>China's health authorities have recommended reducing large gatherings in public places.</p><p>China's National Health Commission (NHC) held a press conference on Saturday.</p><p>Via Chinese Communist Party media outlet <a href="https://www.globaltimes.cn/page/202312/1302897.shtml" target="

<p>Gold has opened for Sunday evening (US time) trade. And wow, what an opening. </p><p>The prospect of lower rates ahead is spurring aggressive gold buying.</p><p>Bitcoin extended its gains over the weekend too:</p><ul><li><a href="https://www.forexlive.com/Cryptocurrency/bitcoin-nears-40000-

<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/gold-peaking-too-early-in-the-cycle-20231204/">Gold peaking too early in the cycle?</a></li><li><a href="https://www.forexlive.com/news/dollar-keeps-steady-to-start-the-new-week-20231204/">Dollar keeps steady to

<p>There's not much in terms of headlines driving the early market moves this week but equities are perhaps looking to consolidate gains ahead of the major events in the coming two weeks. US futures are pointing to a lower start, after five straight weeks of gains. So, we might due a bit of a breather […]

<ul><li>Only 23% of companies were optimistic about prospects for the year ahead</li><li>35% of businesses expect to employ fewer people next year</li><li>Only 20% of firms expect employment to increase in the year ahead</li></ul><p>The survey also highlights the continued struggle in Germany�

<p>The dollar is keeping steadier so far in European trading, as risk sentiment is looking a bit nervy to start the new week. The greenback is mostly higher across the board, only down marginally against the Japanese yen. In the bond market, Treasury yields are a touch higher so that is perhaps helping to give […]

<p>Last week was marked by the RBNZ's decision to maintain its official cash rate, which was interpreted as a hawkish stance by the market. Furthermore, they revised their rate projections, indicating that "if inflationary pressure were to be stronger than anticipated, the OCR would likely need to increase further."</p>&l