Global markets saw strong activity on Monday, driven by a risk-on mood following news of a ceasefire between Israel and Lebanon.
After a rush to safe-haven assets like Gold and the US Dollar, Traders are seeing some optimism early Monday.
Following recent market volatility, traders are focused on the upcoming November PMI data and UK Retail Sales on Friday.
On Wednesday, hawkish Fed talks, geopolitical tensions, and volatile equities fueled demand for safe havens like the US Dollar and Gold.
Market sentiment is mixed early Wednesday, with geopolitical news and central bank comments keeping traders cautious ahead of key data this week.
Monday’s cautious optimism and a lack of major catalysts kicked off the market's consolidation phase.
Markets are quiet early Monday as traders await more data and events to build on last week’s volatility.
Gold is stabilizing after its largest daily decline in 15 weeks, as traders await Friday's US Nonfarm Payrolls (NFP) report.
USDJPY snapped a three-day winning streak even as the Bank of Japan (BoJ) held benchmark interest rates unchanged, as widely expected.
EURUSD retreats towards a key support level as traders prepare for Wednesday's Eurozone and US Q3 GDP reports.
GBPUSD is slipping from last week’s bounce off a six-month support line. Traders are watching for Tuesday's US Consumer Confidence report.
Bitcoin's (BTCUSD) recent gains are under pressure as traders await important data this week, including the US Q3 GDP, Fed Inflation, and Nonfarm Payrolls.
