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Mohicans markets：0930 European Market Viewpoint
On Thursday, September 29, during the Asia-Europe period, spot gold fluctuated and rose, and is currently trading around $1,673.02 per ounce. U.S. crude oil rebounded from a low level and is currently trading around $81.28 a barrel, recovering a sharp overnight gain.
Mohicans markets ：MHM Today’s News
On Thursday, spot gold first fell and then rose. The US market once rose to a high of $1,664.78, and finally closed up 0.04% at $1,660.57 per ounce; spot silver finally closed down 0.34% at $18.82 per ounce.
The Euro rebounded from the low. Overview for 29.09.2022
A decline in the euro to 0.9646 in the first half of the day triggered a false breakout and a buy signal. As a result, the pair' rose by 60 pips. After reaching 0.9695, bears tried to take control of this level, which led to a sell signal. It was After updating its multi-year lows again, the major currency pair rebounded. The current quote for the instrument is 0.9656.
Japanese Candlesticks Analysis 29.09.2022 (XAUUSD, NZDUSD, GBPUSD)
At the moment, the asset may reverse in the form of a new descending impulse. In this case, the downside target may be at 1615.00.
Ichimoku Cloud Analysis 29.09.2022 (GBPUSD, USDCHF, NZDUSD)
The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency.
Mohicans markets：Daily European Market Viewpoint
On Thursday, September 29, during the Asia-Europe period, spot gold fluctuated slightly and was currently trading around $1,652.26 an ounce. U.S. crude oil fluctuated in a narrow range and is currently trading around $81.63 a barrel, holding on to its sharp overnight gains.
Knowing oil price forex Before Transactions
All currency on the forex will increase when the oil price increases. Both of them are like a chain that Will related to each other. Thus, traders need to know information, deeply.
09/29 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mohicans markets：MHM Today’s News
On Wednesday, spot gold rebounded before the U.S. market, rising nearly $50 from the daily low, and finally closed up 1.91% at $1,659.90 per ounce; spot silver rose with the U.S. dollar and finally closed up 2.74% at $18.88 per ounce.
Wall Street struggles amid soaring bond yields, Asian markets set to open lower
U.S. stocks rebound after hitting new lows on Tuesday. The US stocks gave up early gains and finished mixed as soaring rates continued to press on equities, sending the US dollar higher, while the fear gauge, CBOE Volatility Index, stayed above 32, the highest level since mid-June. The US 10-year bond yield rose to 3.98%, and the yield on the UK 10-year gilt hits 4.50%, both of which are the highest seen in October 2008.
Bed Bath & Beyond sees Q2 sales falling 20% amid debt struggles
A mountain of debt and strained relationships with merchandise providers could cripple Bed Bath & Beyond's attempt to bounce back. Therefore Debt is expected to be in focus when the struggling retail company Bed Bath & Beyond [BBBY] reports its second-quarter earnings on Thursday 29 September.
Boohoo shares endure eye-watering fall
Boohoo Group shares trade under the ticker BOO on the AIM market of the London Stock Exchange, and the company is a constituent of the FTSE AIM 100 Index.
Market’s risk-off mood recedes ahead of key data/events
Although the easing in yields and the US dollar allowed equities and commodities to pare recent losses, the global markets remain nervous as central banks remain hawkish and stay ready to intervene if needed. Global traders took a sigh of relief as yields retreated from the multi-year high, taking the US dollar with it. The consolidation phase also cheered the BOE’s rejection of intervention while paying little attention to the BOJ and the PBOC moves.
GBP Hit an All-Time Low against USD
The British pound fell to an all-time low against the US dollar early Monday after Treasury chief Kwasi Kwarteng pledged a sweeping package of tax cuts, fuelling concerns about the government’s economic policy as the United Kingdom teeters toward recession.
GBPUSD crash, fears from Russia propel risk-aversion, US dollar
Cable’s slump to the all-time low joined the fears emanating from Russia’s warning to use nuclear weapons, if needed, to begin the trading week on a negative note. The risk-aversion also took clues from PBOC and BOJ updates, as well as the latest round of hawkish Fedspeak and firmer US data.
Traders’ Mindset to Avoid in Order to Success
The mindset that is also dangerous is that traders always feel that their capital is limited. Many losers feel that they can be more successful if they can trade with more capital.
Mohicans markets ：0928 European Point of View
Wednesday, September 28, during the Asia-Europe session, this trading day will focus on the initial monthly rate of durable goods orders in the United States in August, and the annualized total sales of new homes in the United States after seasonal adjustment in August. Pay attention to the speeches of officials such as Chicago Fed President Evans and St. Louis Fed President Bullard, and pay attention to news related to the geopolitical situation.
09/28 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mohicans markets：Interest Rate Fears Weaken Risk Preference
At 20:35, the 2024 FOMC voting committee and Atlanta Fed President Bostic will participate in a Q&A at an event.
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