Morgan Stanley sees gold at $5,200 (Central bank buys, Fed cuts), fear trade is now dead

Morgan Stanley targets $5,200 gold this year, driven by ETF buying, China accumulation and 2027 Fed cuts, but warns the Iran conflict has exposed gold as a rates trade, not…

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Gold Crash?

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Treasury announces the auction schedule for next week.

US Treasury announces $125 bln refunding through July 2026, to raise new cash of $41.7 bln US Treasury to keep coupon, floating rate note auction sizes unchanged for the next…

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Gold rebounds from over one-month low; upside potential seems limited

Gold (XAU/USD) attracts some buyers during the Asian session on Tuesday and reverses a part of the previous day’s downfall to the $4,500 mark, or over a one-month low.

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US Dollar Index flat lines above 98.00 amid Hormuz tensions

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.20 during the Asian trading hours on…

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Barclays warns yen recovery likely temporary despite Tokyo’s $35bn intervention

Japan likely spent up to $35bn intervening to support the yen, but Barclays warns depreciation pressure will persist over the medium term as Iran war energy costs weigh. Summary: The…

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Australian Dollar gathers strength on RBA rate hike expectations, Hormuz tensions simmer

AUD/USD gains traction to around 0.7215 during the early Asian session on Monday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) as traders anticipate a rate hike…

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Singapore Manufacturing PMI climbed from previous 50.5 to 50.7 in April

Singapore Manufacturing PMI climbed from previous 50.5 to 50.7 in April

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Newsquawk Week Ahead: US NFP, ISM Services PMI, RBA, Canadian jobs and OPEC+

Sun: OPEC+ Mon: Holiday: UK May Bank Holiday, Holiday: Japan’s Greenery Day, Turkish Inflation (Apr), Global Manufacturing PMI (Apr), US Factory Orders (Mar) Tue: RBA Policy Announcement (May), BCB Minutes…

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AUD/USD Price Forecast: Remains bullish despite hovering around 0.7200

AUD/USD holds to minimal gains of 0.10% late in the North American session, yet poised to finish the week up 0.84%. At the time of writing, the pair trades above…

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