XAUUSD XAUUSD opened at 3689.75 and finished lower at 3659.57, a loss of 30.18 points or 0.818%, with trading spanning 61.25 points from high to low, equal to 1.66% of the open and exceeding the 14-day ATR of 49.84. The session printed its peak at 3707.49 at 21:09 GMT, setting fresh 5‑day and 10‑day highs, then fell to the trough at…

XAUUSD Gold (XAUUSD) edged higher on 16 Sep, settling at 3689.96 by 23:57 GMT for a gain of 6.96 points, or 0.189%. The session opened at 3683.0 and spanned a 28.46-point range, equivalent to 0.77% of the open. Price first undercut the open to register the low at 3674.74 at 05:46 GMT, then advanced through the day to print the high…

On Wednesday, the latest Australian Monthly CPI Indicator showed headline inflation rising by 2.1% year-on-year in May, down from 2.4% in April—marking the slowest annual increase since October 2024. The trimmed mean CPI—the RBA’s preferred core inflation gauge—also eased to 2.4% YoY, its lowest level since November 2021. RBA Policy Expectations Shift With inflation slowing significantly and falling to the…

Tensions in the Middle East took a dramatic turn on Monday after U.S. President Trump announced a “complete and total” ceasefire between Israel and Iran, following nearly two weeks of intense military confrontation. The ceasefire—reportedly brokered through Qatar—came after a series of retaliatory missile and drone strikes that had destabilized the region and rattled global financial markets over the past…

Global equities opened the week on a weaker note, driven by heightened geopolitical tensions following U.S. airstrikes on Iran’s nuclear facilities. Meanwhile, last week’s central bank decisions were largely in line with expectations, prompting markets to shift focus toward upcoming economic data and geopolitical developments. Market Focus: Data and Geopolitical Events With most major central banks now adopting a data-dependent…