27.06.22 Macro Afternoon
Chris Becker | Jun 27, 2022 16:54
Some very solid gains to start the new trading week on Asian share markets with risk sentiment firming following some big moves on Friday night on Wall Street. The USD remains strong against most of the undollars, with the Australian dollar trying to push a little higher but still thwarted by the interest rate differential problem. Oil prices are trying to stabilise after their falls on Friday night with Brent crude still below the $110USD per barrel level while gold has gapped higher in today’s session after being depressed at the $1820USD per ounce level, now at $1840:
The economic calendar opens up the new trading week with US durable goods orders for May, and a couple of speeches from ECB bankers to watch out for.
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