Gold and Precious Metals are Strong; Aussie Strong, Yen Weak; HSI Rises by \u003E1%; Treasury Yields Higher.
are attractive to long-term trend traders in the long direction right now, as higher prices here are likely over the coming days.
As the UK and Canada return from Christmas public holidays and global markets fully reopen, stock markets are mostly lower, although Chinese stocks in Hong Kong are bucking the trend, with This is probably caused by optimism over China’s scrapping of covid quarantine requirements for new entrants. In the Forex market, the Australian Dollar is the strongest major currencies, while the Japanese Yen is the weakest right now. , and trend traders will be looking to be long here as this pair historically trends reliably, so higher prices are likely over the coming days.
Treasury yields are rising on concerns China’s full reopening could lead to more inflationary pressure. US treasury yields rose but the rise has been most notable in Australia.It is estimated that 6Total confirmed new coronavirus cases worldwide stand at ov
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