The oil market is on the front foot this morning, having been given a boost in yesterday’s session, which turn saw Brent crude futures reclaim the $60/bbl mark.

The U.S. dollar steadied on Wednesday in Asia after falling overnight amid Sino-U.S. trade uncertainties and an inversion of the U.S. yield curve.

Asian shares eked out cautious gains on Wednesday, as higher Wall Street futures provided some relief after an overnight U.S. selloff

Following its U-turn from the 200-day exponential moving average (EMA), the USD/CAD pair extends to the run-up to 1.3300 during early Wednesday.

Gold prices rallied nearly 2% into the start of the week but closed just fractionally higher on the session yesterday after failing just ahead of resistance.

The yen gained ground against the U.S. dollar on Tuesday as concerns over the latest escalation in the protracted Sino- U.S. trade war

Stocks were broadly higher on Tuesday afternoon in Asia with investors clearly encouraged by the more hopeful tone emanating from Washington and Beijing.

The Chinese yuan fell against the U.S. dollar on Tuesday in Asia amid conflicting signals on the Sino-U.S. trade war.

EUR/USD struggles to extend the latest pullback, triggered mainly due to renewed trade optimism and downbeat German data.

The U.S. Dollar Index, which measures the greenback’s strength against a basket of six major currencies, rose 0.3% to 97.852 as of 10:18 AM

USDCAD technicals could be pointing to a reversal lower if the currency pair’s prevailing uptrend fails to hold.

Wall Street jumped on Monday on trade optimism after U.S. President Donald Trump said China had called him and wanted to restart negotiations.

Onshore spot yuan bounced to 7.1395 per dollar before trading at 7.1421 as of 0721 GMT. Its counterpart rose to 7.1497 before trading at 7.1545 as of 0721 GMT.

The Chinese yuan traded lower against the U.S. dollar amid the escalating trade war. The safe-haven yen rose but later gave up its gains.

The price of gold climbs to a fresh yearly high ($1555) amid growing tensions between the US and China, and current market conditions are likely to keep bullion

“By escalating the trade war, President Trump will get what he wants from the Fed: lower rates,” said Rabobank’s Marey.

Our goal is to place as many East Chicago Tin employees as possible at other nearby U. S. Steel facilities."

At 3:30 AM, the dollar index, which tracks the greenback against a basket of currencies, was up some 0.2% from late Thursday’s levels at 98.222

"Powell will keep the option of rate cuts on the table, but won't lean too strongly in that direction. This would be supportive for the dollar."

After climbing for 14 consecutive weeks, EURGBP has declined over three percent after reaching its 3-year peak in early August.

If Powell sounds slightly hawkish, stocks could sell off, which would hurt the dollar against safe-haven currencies like the yen.

The Canadian Dollar was one of the best-performing majors over the past 24 hours, supported by better-than-expected local inflation data.

As tariffs were delayed, both stocks and the US Dollar rallied; but with FOMC minutes and the Jackson Hole Economic Symposium taking center-stage,

Central bankers will gather at Jackson Hole, Wyoming, on Friday with markets focused on a scheduled speech by Fed Chair Jerome Powell.

The RBA Minutes failed to generate a meaningful reaction in AUDUSD even though the central bank keeps the door open to implement lower interest rates