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Sterling is modestly higher against both the US Dollar and the Euro but GBP/USD remains close to trendline support and if that breaks then further losses are likely.

Crude oil prices are rebounding to test back above the key $70/barrel figure but gains may be capped by incoming trade, inventories and output forecast data.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Silver-bearish contrarian trading bias.

The US Dollar may extend gains against ASEAN currencies following recent gains. Still, USD/SGD, USD/THB, USD/IDR and USD/PHP have yet to overcome key resistance levels.

Gold prices are rather calm as bullion traders await US inflation data. That may shift inflation expectations and gold-sensitive breakeven rates.

The Australian Dollar edged up slightly after the RBA left the cash rate target at 0.10% and weekly asset purchases at AUD 4 billion. Will AUD/USD go higher?

The S&P 500 and Dow Jones rose as cyclical stocks boosted Wall Street after Omicron variant woes faded and the PBOC cut the RRR rate. Will the ASX 200 rise…

The Australian Dollar may continue its overnight rise versus the US Dollar if Chinese trade data impresses. The RBA decision is also in focus for today's APAC session.

Natural gas prices came under severe pressure on Monday as warm weather continues to sweep across the United States.

The Dow Jones surges 1.87% on Monday amid easing pandemic fears on news that the COVID-19 omicron variant may cause only mild disease and be less severe than other strains…