Slowing growth in the US services sector and a significantly lower-than-expected US private payroll data paved the way for some cooling in the US Treasury yields rally.
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Oil - US Crude IG Client Sentiment: Our data shows traders are now net-long Oil - US Crude for the first time since Aug 30, 2023 when Oil - US Crude traded near 81.43.Oil - US Crude IG Client Sentiment: Our data shows traders are now net-long Oil - US Crude for the first time since Aug 30, 2023 when Oil - US Crude traded near 81.43.
A decisive break below its 50-day moving average for Brent crude prices could leave sellers in control for now, while its daily Relative Strength Index heads to its lowest level since May this year. The US$82.50 level may serve as a key level for buyers to defend next, where the lower edge of its Ichimoku cloud on the daily chart rests alongside its key 200-day MA.
Aside, the Straits Times Index may be on the radar, with the index back at the lower base of its long-ranging pattern, which may prompt some defending from buyers ahead at the 3,145 level. Greater conviction may still be needed from a move in the daily moving average convergence/divergence back above the zero mark, alongside the daily RSI above the 50 level. A successful defend of the 3,145 level may leave the 3,230 level on watch next.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia Day Ahead: USD/JPY Firm Despite Potential Intervention, NZD/USD at 3-Week LowUS Treasury yields continued with their ascent overnight, with the US 10-year yields at 4.8%. Aside, the VIX is at its four-month high, hovering just below its key 20 level.
Read more »
Northeast Ohio Weather: Another sunny and mild day aheadSunny and mild today.
Read more »
‘Evil Does Not Exist’ Heads Asia Pacific Screen Awards NominationsJapanese and Chinese films scoop the largest nominations hauls ahead of the Asia Pacific Screen Awards.
Read more »
Amazon's Fire TV Stick Lite drops to $18 ahead of October Prime DayMany Fire TV devices are on sale.
Read more »
Iron Fire in Moffat County now 75% contained ahead of rainy dayThe Iron Fire burning about 18 miles northwest of Craig is now 75% contained, the Moffat County Sheriff's Office said on Tuesday morning.
Read more »
Sound the Alarm: The Apple MacBook Air Is Already $100 Off Ahead of Fall Prime DayScoop them up for college, holiday gifts, etc!
Read more »