Oil prices are pulling back slightly in APAC trading after API data showed a build in US inventory. Energy traders have EIA data in focus as fundamentals remain broadly supportive.
The New Zealand Dollar has had some strong momentum as it made a multi-year high against the Euro. Can the run continue to break new ground against USD and CAD?
The S&P 500 and Dow Jones may rise as retail investors shift back to selling the Wall Street major benchmark stock indices. Record highs and resistance levels are fast approaching.
The Australian Dollar made a strong push higher overnight as Wall Street traders buy up stocks. Chinese lending rates and Australian Westpac data is in focus for APAC traders.
The tech-heavy Nasdaq 100 Index pushed higher on Tuesday as market participants eagerly awaited key earnings releases. Netflix beats on earnings and new subscribers.
Australian Dollar surged 4.4% off the September low with the Aussie breakout stretching to three-month highs. Levels that matter on the AUD/USD weekly technical chart.