Yen bounces back as growth concerns pressure crude oil and yields. New quarter but investors still defensive – stocks, aussie, kiwi down. Striking part is that gold cannot capitalize, hits six-week low instead.
0:19 New Quarter
1:15 OPEC and Oil
1:40 FX Market
2:16 ISM Manufacturing PMI
2:32 Events Ahead
For more information on the topics discussed in this video, including detailed charts and tables, read the full Daily Market Comment article:
Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.