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Spot gold has been resisted at its 200-day SMA recently, and has printed an "inside bar". The incoming US retail sales data could inject more immediate volatility, even as the Middle East conflict continues reverberating across markets.
Markets Digest China Data; Focus Remains On Earnings
Asian shares finished mixed on Tuesday, shrugging off the initial boost from China’s better-than-expected Q1 GDP as signs of an uneven recovery stalled risk taking. The world’s second largest economy smashed forecasts by expanding 4.5% in the first quarter from a year earlier.
Spot gold has been resisted at its 200-day SMA recently, and has printed an "inside bar". The incoming US retail sales data could inject more immediat...
XAUUSD
Gold
retail sales
Fed rate hikes
Middle East
Asian shares finished mixed on Tuesday, shrugging off the initial boost from China’s better-than-expected Q1 GDP as signs of an uneven recovery stal...
China
GDP
inflation
retail sales
Federal Reserve
rate hike
EURUSD
GBPUSD
DXY
Gold
The Australian Dollar has weakened against every single G10 currency this month despite the Reserve Bank of Australia's (RBA) hawkish outlook....
AUDUSD
RBA
inflation
MACD
hawkish
rate hike
GDP
retail sales
Federal Reserve
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