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About: davin

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The week will feature various economic releases, with inflation trends and consumer confidence under scrutiny.

Key inflation data from Australia, Japan, and the US; economic indicators include consumer confidence, GDP, and durable goods.

The AUD/USD pair is projected to fluctuate between 0.6355 and 0.6400, according to UOB Group.

AUD is expected to trade between 0.6355 and 0.6400, with potential growth toward 0.6455 if support holds.

Currently, gold consolidates near record highs, awaiting catalysts as it trends upwards amidst stability.

Gold consolidates near highs; market awaits catalysts. Real yields decline, Fed stance key. Key reports ahead.

On Friday, cocoa prices dropped over 7.6%, settling just above GBP7,300/t, according to analysts.

Cocoa prices fell 7.6% to £7,300, the lowest since November, raising concerns about demand destruction.

Mixed performance characterises European equities; German stocks rise while broader market sentiment remains subdued.

German stocks rise after election; DAX up 0.5%, Eurostoxx down 0.2%. Markets mixed; Nvidia earnings awaited.

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