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Argentina Industrial Output n.s.a (YoY) climbed from previous -4.4% to -0.7% in September

Argentina Industrial Output n.s.a (YoY) climbed from previous -4.4% to -0.7% in September

President Donald Trump has pardoned multiple high-profile figures since returning to the White House, including Binance founder Changpeng Zhao.

On Tuesday, the AUDUSD fell sharply with the US stocks tumbling lower. On Wednesday, the pair moved higher as stocks corrected some of the declines. Yesterday, it was back down as stocks slid again.

Today with the stocks falling again, the AUDUSD has not moved lower, but is trading up and down within a technical range. The price action is diverging from the recent norm.

In the video above, I take a look at the AUDUSD pair from a technical perspective and outline the key levels in play as traders take a breather from the risk-off/risk-on price action.

This article was written by Greg Michalowski at investinglive.com.

CNBC’s Paulina Likos and Zev Fima break down big tech’s massive artificial intelligence spending spree

Silver (XAG/USD) trades little changed on Friday, hovering near $48.30 at the time of writing after easing from intraday highs, as the market remains directionless heading into the weekend.

Silver (XAG/USD) trades little changed on Friday, hovering near $48.30 at the time of writing after easing from intraday highs, as the market remains directionless heading into the weekend.

United States Baker Hughes US Oil Rig Count registered at 414 above expectations (413)

United States Baker Hughes US Oil Rig Count registered at 414 above expectations (413)

As the shutdown is in day 38, the threat for Pres. Trump and the GOP is that suddenly the eye is off the ball and people are noticing. While the people are hurting and want to get paid and back to work (they will be paid at some point but work is slowing down), he is talking about Ukraine and Russia

Admittedly he is meeting with Hungary’s Orban. Nevertheless he says

• We will talk, trade, energy, Ukraine with Hungary’s Orban
• Looking at exemptions for Hungary from sanctions on Russian oil.
• Hungary’s Orban has not made a mistake on immigration
• We are talking about meetings with Putin
• Think EU should respect Hungary.
• The basic dispute with Russia is they don’t want to stop war in Ukraine

Hungary is reliant on Russian oil.

The thought was that to pressure Russia toward peace, you have to cut off the avenues for their oil.

So who knows, but what is more evident is the domestic US economy is under pressure from the government shutdown and the K economy really hurting the middle to lower class. In addition, Trump is not exactly winning overseas – there is still tension in the middle east, China is saying that rare earth agreement may not be the same as the US. So the losses are mounting. That could spell trouble down the road. The

This article was written by Greg Michalowski at investinglive.com.