29.03.22 Macro Afternoon
Chris Becker | Mar 29, 2022 17:22
Asian stock markets are having a better session today despite some volatile moves in bond and commodity markets with the twin lead from Wall Street and Europe overnight helping. The USD is pushing higher against Yen and Euro while the Aussie dollar is trying to get back above the 75 level. Oil prices are pulling back again, with Brent crude remaining below the $110USD per barrel level as gold retraces back to its previous weekly lows, currently just above the $1920USD per ounce level:
The economic calendar includes German and US consumer confidence, plus the latest US house price indices.
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