A strong weekend for Bitcoin when one notable level of technical resistance was taken out and was followed by a further break higher. The chart setup looks promising.
Central bank divergence between the ECB and Fed converged last week resulting in significant Euro upside however, ECB’s Lagarde may dampen hawkish bets later today.
Crude oil prices may correct a bit lower as risk aversion strikes markets amid a lull in top-tier economic news flow, but lingering global supply gaps may keep selling modest.
Gold prices extended higher to above $1,810 despite a much stronger-than-expected US nonfarm payrolls report. Rising wage pressures may have boosted its appeal, defending it against rising rate hik...