Daily Market Report by GulfBrokers 2020-2021

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GBPUSD and FTSE100 trading steady ahead of the Super Thursday event today - BOE meeting.

GOLD and US stock futures rebounded from the previous session lows.

Technical analysis - Gold and EURUSD

Read more- https://gulfbrokers.com/en/daily-market-report-335
 
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Accenture (NYSE: ACN) stock climb to a new all-time high.
US Dollar remains under pressure ahead of US PCE data.
Wall Street ended higher on strong US GDP.
Crude oil prices slightly retreat from the daily highs.
Technical analysis -Gold and EURUSD.

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Global stocks trading lower on Monday over fears about the new highly transmissible COVID19 Delta variant spreading around the world.

Crude oil prices slightly retreat from the fresh session highs while Gold price fell to a new session low.

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This week the main highlights of the economic calendar will be the US NFP, UK GDP, OPEC meeting and manufacturing PMI numbers from UK, US, and Eurozone.

Earnings to watch: BBBY & MICRON

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Gold price trading below the 1770 support area. If the bearish momentum continues the next downside levels to watch 1760 then 1755/45. On the flip side, the 1795/97 level remains a crucial resistance to watch.

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Gold price fell to a fresh weekly low of $1768.
Crude oil prices extend declines.
EURUSD testing the 1.1900 support area.
US stock futures remain under pressure.

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