The price of oil may stage a larger rebound over the coming days as long as the Relative Strength Index (RSI) holds above 30.

Major U.S. equity indices erased earlier gains and finished in mixed territory amid lingering fears of global recession as Treasury yields put in another major jump.

Oil prices gain after bouncing off a key support area, but the outlook remains slightly bearish in the short term, especially after the invalidation of key technical levels.

EURUSD sits perched right above key psychological support as the US Dollar takes a brief breather.

U.S. consumer confidence extended its recovery for the second consecutive month in September, rising to 108.00, a sign that Americans are becoming a bit more optimistic about the future.

Emerging market currencies reveal mixed performances. The Lira and ZAR surrendered more ground to the dollar while the Brazilian Real and Mexican Peso lead USD

BoJ intervention is unlikely to spur further Yen strength, as the Fed remains determined to rein in inflation.

The pull-back in GBP/USD from its multi-decade low looks weak and further selling pressure is likely as the BoE sidesteps an inter-meeting rate hike.

EUR/USD looks higher ahead of central bank speakers and U.S. economic data.

Gold prices are finding some relief in Asia-Pacific trading, but the threats from surging Treasury yields and the US Dollar weigh heavy on sentiment. PCE and economic data are in focus for bullion traders.