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USDCAD TECHS

Conditions Remain Bullish

US TSY FUTURES

BLOCK, Late 2Y Buy

AUDUSD TECHS

Bearish Activity Dominates

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GOLD
GOLD: A tight Asia session for gold, last dealing at $1,515/oz, ~$4 or so softer
on the session, back below key support in the form of the August 30 low.
- This comes after the combination of the latest Sino-U.S. trade developments
and stronger than expected headline U.S. data evident on Wednesday propelled
U.S. Tys yields higher, applying pressure to the yellow metal in the process.
- Bears now target yesterday's low of $1,506.4/oz to open the way lower.
- Fed Chair Powell's address, due later today, will be key for the yellow metal.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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