Stock markets closed higher after another volatile day (DOW +0.78%) Asia markets higher but in thin trading, USD & Yields weaker, Oil holds a bid and Gold sinks below $1800. RBA's Lowe stressed decision to end bond buying wasn't a signal of a quick lift off on rates, which helped the ASX rally 1.2%. The focus shifts to earnings and company reports as the excitement over the Fed's road map to higher rates eases with BoE & ECB in the background.
Today – EZ CPI (Flash), US ADP, AUD Services PMI, OPEC+ Meeting, BoC’s Macklem & Gravelle speeches, US Quarterly Refunding. Earnings from Meta, AbbVie, T-Mobile, Novartis, and Vodafone.
Biggest FX Mover @ (07:30 GMT) AUDNZD (+0.30%) Rallied from key 1.0700 to 1.0756 now. MAs aligned higher, MACD signal line & histogram rising & over 0 line, RSI 61 & rising, Stochs OB zone. H1 ATR 0.0013 Daily ATR 0.0060.
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