American stocks declined sharply after Joe Biden delivered a major warning about the crisis in Ukraine. In a press conference, he warned that Russia was on the brink of attacking Ukraine. He claims Russia is engaged in a false flag operation as an excuse to go in. The statement came as the two countries blamed […]
The post Gold and US Equities Diverge as Global Risks Rise appeared first on Action Forex.
Key Highlights WTI Crude Oil started a recovery wave above $96.50 and $98.00. A bullish trend line is forming with support at $99.80 on the 4-hour chart of XTI/USD. Gold is grinding lower below the Read more…
RBNZ Governor Anna Breman warned at a panel discussion today that New Zealand is being affected by global inflation shocks stemming from the Middle East conflict, noting that it has “disrupted global supply chains, pushing Read more…
Australia’s inflation accelerated sharply in March, with headline CPI rising from 3.7% yoy to 4.6% yoy, the highest since September 2023, though slightly below expectations of 4.8% yoy. The surge was largely driven by energy Read more…