Global macro update and US Retail Sales preview [Video]

Anthony Cheung Amplify

- Overview of market sentiment and headlines in play at the EU open (00:00).

- Update on WTI crude after near 5% price rise yesterday (2:28).

- Summary of Asia-Pac session and close on Wall Street (3:40).

- AUD falls despite strong jobs data - why? (7:05).

- Houthis attack Saudi Aramco site based in the South-West (8:41).

- Fed's Powell says Fed will likely start tapering before rate lift off (12:43).

- J&J COVID vaccine remains paused as CDC seeks more data (14:02).

- Main calendar events today, focus on US Retail Sales & Jobless (14:41).

Author

Anthony Cheung

Amplify

Anthony has spent over a decade working at the forefront of financial news.

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GBP/USD hits three-day peaks, targets 1.3700

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Gold treads water around $5,000

Gold is trading in an inconclusive fashion around the key $5,000 mark on Monday week. Support is coming from fresh signs of further buying from the PBoC, while expectations that the Fed could turn more dovish, alongside concerns over its independence, keep the demand for the precious metal running.

Crypto Today: Bitcoin steadies around $70,000, Ethereum and XRP remain under pressure

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