AUD/USD may attempt to retrace the decline from the September high (0.6916) as it clears the October high (0.6547).

The S&P 500 stalls at resistance and pivots lower as bullish sentiment wanes after last week’s powerful rally, but the short-term technical bias remains somewhat positive.

The rising interest rate environment, coupled with increased distrust in the crypto industry following recent scandals, could prevent Bitcoin and Ethereum from staging a significant rebound.

The coming days will produce a diverse offering of key data releases.

Dark days will be ahead of the United Kingdom, at least into mid 2024 as UK Chancellor Jeremy Hunt warns that tax rises will be for all and cut in government spending is inevitable.

Federal Reserve speakers are back out in force this week following last week’s CPI print and major market moves.

Dax 40 futures have risen into technical bull market territory after rising 20% from last month’s low. With China’s reopening fueling optimism, Infineon led gains.

Gold’s recent bullish advance appears under threat as the RSI briefly entered ‘oversold’ territory. Contractionary policy likely to cap longer-term XAU/USD price action

USD/JPY starts the week on the front foot as Feds Waller sends markets a timely reminder of the ongoing inflation fight.