Australia retail sales rose 1.4% mom in November, well above expectation of 0.7% mom. The seasonally adjusted turnover of AUD 35.92B was a new record high. Ben Dorber, ABS head of retail statistics, said, “While we typically see a rise in spending around Black Friday sales, the strong seasonally adjusted rise in November 2022 shows […]
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Key Highlights Gold started a fresh decline from $5,240 and traded below $5,120. A major bearish trend line is forming with resistance at $5,075 on the 4-hour chart. WTI Crude Oil surged toward $102 before Read more…