BOJ's Ueda in focus: SGD/JPY leads yen crosses lower
Bank of Japan Governor Ueda speaks at 06:35 UTC on 6 October. Here's what the high-impact appearance means for the yen and how JPY crosses are trading.
Bank of Japan Governor Ueda speaks at 06:35 UTC on 6 October. Here's what the high-impact appearance means for the yen and how JPY crosses are trading.
Crypto tops the board at the open β Dogecoin +4.43%, Cardano +3.41%, Bitcoin near $85,848 β while FX majors sit flat and Hang Seng sheds 2.27%.
The US ISM Services PMI is the session's only scheduled release at 14:00 UTC, forecast at 55.1 against 55.4 prior β the number that matters for the dollar.
Brent jumped 4.12% and WTI 3.2% to lead the session, while the IBEX, CAC and FTSE all fell more than 1% and Bitcoin held above 84,500.
Palladium led a muted, mixed reaction to the US jobs report at 12:30 UTC, rising 0.72% while Polygon firmed and most crypto names held steady.
Crude cracked nearly 4% into the New York close while gold, silver and palladium firmed and the dollar edged higher across the majors.
Gold rose 1.3% and silver firmed as crude sank over 4% and Europe's bourses slipped, with the IBEX off 1.21% and crypto leading the losers.
Crypto climbed against the dollar after the US Core PCE and Final GDP release on Sept 30, with Cardano leading gains and gold lagging behind.
Gold fell 3.43% and silver 4.84% into the New York close as crypto bled, led by GRT's 15% drop, while the dollar firmed and US equities slipped.
Altcoins led a risk-off session: GRT fell 15% and UNI 9%, while gold slid 3.4% and silver 4.8%. The dollar firmed and Wall Street drifted lower.
Australia's monthly CPI is due 01:30 UTC with a 0.5% forecast, half the prior 1.0%. See how EURAUD, AUDCHF and other Aussie pairs are trading.
Crypto opens broadly lower as GRT sinks 15% and UNI 9%; gold sheds 3.4% and silver 4.8% while a firmer dollar lifts USD/MXN.