Charts Today - Markets end the week mixed

  • Dollar weakens slightly. Euro bearish and sterling more so.

  • Bitcoin holds gains.

  • US stock indices mixed. Europe weak and Asia mixed.

  • Crude oil, gold and silver starting to show signs of short term recovery.

  • US tech majors also give mixed picture.

 

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AUD/USD stands firm above 0.6500 with markets bracing for Aussie PPI, US inflation

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The Aussie Dollar begins Friday’s Asian session on the right foot against the Greenback after posting gains of 0.33% on Thursday. The AUD/USD advance was sponsored by a United States report showing the economy is growing below estimates while inflation picked up.

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Gold soars as US economic woes and inflation fears grip investors

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Gold prices advanced modestly during Thursday’s North American session, gaining more than 0.5% following the release of crucial economic data from the United States. GDP figures for the first quarter of 2024 missed estimates, increasing speculation that the US Fed could lower borrowing costs.

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Ethereum could remain inside key range as Consensys sues SEC over ETH security status

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Ethereum appears to have returned to its consolidating move on Thursday, canceling rally expectations. This comes after Consensys filed a lawsuit against the US SEC and insider sources informing Reuters of the unlikelihood of a spot ETH ETF approval in May.

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Bank of Japan expected to keep interest rates on hold after landmark hike

Bank of Japan expected to keep interest rates on hold after landmark hike

The Bank of Japan is set to leave its short-term rate target unchanged in the range between 0% and 0.1% on Friday, following the conclusion of its two-day monetary policy review meeting for April. The BoJ will announce its decision on Friday at around 3:00 GMT.

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