Microsoft, the United States’ second largest company by market cap reported a mixed set of earnings after the close. Nevertheless, MSFT shares traded as much as 5 percent higher after the close, closing in on the closely observed 200-day moving average. Could this provide the charge needed to overcoming speculative gravity?

The US Dollar continues to hold very near eight-month-lows and Friday brings a key inflation print to markets with the release of Core PCE.

The U.S. dollar found some bullish support post-PMI data which maintained its contractionary outcome but at a slower rate than previous prints.

Silver prices have recovered a large portion of yesterday’s losses after testing psychological support at $23.00. With USD weakness driving gains, economic data could boost gains.

The precious metal is testing a new multi-month high and with little in the way of resistance on the charts, gold may soon challenge $2,000/oz.

UK services PMI data saw the fastest drop in business activity in the last 24 months while manufacturing beat estimates. The report compounds recent negative data prints

Euro Area PMI continues to improve adding further credence that the Eurozone may escape a recession.

The Australian Dollar is pressing higher today as the US Dollar continues to slide with the Fed and RBA facing different challenges in the weeks ahead. Will tomorrow’s CPI hit AUD/USD?