[MARKET UPDATE] Spot gold continues sliding with prices approaching USD 4,100/oz to the downside, with traders eyeing the 200 DMA at USD 4,090/oz; newsflow light but losses come amid continued hawkish central bank repricing
Every headline is on the live feed 20 minutes before this site.
CERAWeek (23rd-27th) Key Speakers:
US fighter jet has reportedly crashed in Kuwait, Al-Ahd News reports; jet was hit and fell a few minutes ago, reports suggest jet was hit in Iranian airspace and subsequently crashed in Kuwait, Iranian press reports
[MARKET UPDATE] Spot gold continues sliding with prices approaching USD 4,100/oz to the downside, with traders eyeing the 200 DMA at USD 4,090/oz; newsflow light but losses come amid continued hawkish central bank repricing
Japan's largest trade union group Rengo says prelim data shows average wage hikes of 5.26% for 2026 (vs last year's prelim 5.46%)
Additional European Equity News
On the Newsquawk feed at , 20 minutes before this page.
Context
Spot gold is experiencing notable pressure, nearing the crucial USD 4,100/oz level, which traders are monitoring closely against the 200-day moving average at USD 4,090/oz. This decline is occurring despite light newsflow, driven by persistent hawkish repricing from central banks, suggesting that market participants are repositioning based on anticipated rate increases.
Related headlines
- [MARKET ANALYSIS] Asia-Pac stocks rebound from the tech bloodbath1 day ago
- [MARKET ANALYSIS] DXY gets some reprieve from recent selling as all eyes turn to Warsh following hot inflation metrics2 days ago
- [MARKET ANALYSIS] T-note futures are rangebound as markets await Fed Chair Warsh2 days ago
- [MARKET ANALYSIS] Asia stocks trade higher as global markets regain composure following the recent tech bloodbath, while attention turns to comments from Fed chair Warsh2 days ago
- Weekly US Earnings Estimates: 19th-23rd October 2026: Earnings pick up with META, TSLA, SPCX, LRCX, and NFLX the highlights1 day ago
- Week in Focus 19-23rd October 2026: Highlights include UK, Japan and Canada inflation, China Activity Data and Global Flash PMIs 1 day ago
- US Market Wrap: Stocks hit as AI growth concerns weigh on sentiment 1 day ago
- US FX WRAP: Dollar weighed by Warsh avoiding forward guidance 1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 2+ TICKS LOWER AT 105-14+1 day ago
- CRUDE WRAP: WTI (X6) SETTLES USD 3.44 HIGHER AT USD 101.41/BBL; BRENT (Z6) SETTLES USD 3.94 HIGHER AT USD 109.86/BBL1 day ago
- Daily US Earnings Estimates: 19th October 2026: FITB, WRB, and STLD1 day ago
- [MARKET UPDATE] Crude benchmarks lift to session highs, gains of c. USD 2.00/bbl for WTI and Brent, to the continued detriment of fixed income, stocks and FX vs the USD1 day ago
- US Midterm Preview: Democrats Favoured to Flip the House, Senate Too Close to Call1 day ago
- US EQUITY OPEN: Stocks mixed at the open as AI stock rout continues1 day ago
- Newsquawk European Market Wrap - 16th October 20261 day ago
- Newsquawk Daily Economic Releases - 19th October 20261 day ago
- Newsquawk Weekly Economic Calendar - 19th-23rd October 20261 day ago
- Daily US Equity Opening News: 16th October 2026: TSLA gains on Roadster reveal; NFLX slips as Content Chief to leave; TRV earnings underwhelm1 day ago
- US PREMARKET MOVERS: TSLA, NFLX, VRNS, AA, TRV, MSTR, WDAY, ECHO1 day ago
- US BROKER MOVES: CPRI upgrade at Raymond James; WDAY downgraded at KeyBanc1 day ago
The feed had this first.
Use the Platform