Japan’s factory activity contracted at the steepest pace since March, as weak overseas demand and U.S. tariffs weighed heavily on output and orders, a private survey showed on Wednesday. The S&P Global Japan Manufacturing Purchasing Managers’ Index (PMI) dropped to 48.5 in September, down from 49.7 in August and marking …

The index extended its downside move, in line with bearish expectations, touching the official target at 46,430 and recording a session low of 46,388. Technical Outlook: 50-period SMA: Continues to act as dynamic resistance, reinforcing downward pressure. RSI: Sending negative signals, reflecting a gradual weakening of momentum. Probable Scenario: Bearish …

The pair remains in an upward trend, attempting to consolidate above the 1.3900 level while maintaining a positive technical structure. Technical Outlook: RSI: Sending early positive signals, supporting short-term bullish momentum. 50-period SMA: Prices remain above it, reinforcing the upside bias. Probable Scenario: Bullish Case: As long as trading holds …

The pair is trading with a slightly positive intraday bias but remains capped below the key resistance level of 1.3480, keeping the overall pressure tilted to the downside. Technical Outlook: RSI: Showing early negative signs after entering overbought territory, hinting at potential negative divergence and weakening upside momentum. 50-period SMA: …

WTI crude oil successfully reached the downside target highlighted in the previous report at $62.20, recording a low of $62.00 per barrel. Technical Outlook: Moving Averages: Prices remain pressured from above, with dynamic resistance forming near $63.15, limiting recovery attempts. RSI: Hovering near oversold territory, the indicator is beginning to …

Gold successfully completed the corrective decline highlighted in the previous report, reaching $3,793, before resuming its upward trajectory and recording a new session high at $3,875 in early trading today. Technical Outlook: Trend: The overall bias remains bullish after the completion of the initial correction wave. 50-period SMA: Price continues …

The pair continues to trade in a narrow sideways range with a cautious upward bias. Technical Outlook: 50-day Simple Moving Average (SMA): Price remains capped below this level, reducing the probability of sustained upside movement. Relative Strength Index (RSI): Now in overbought territory, signaling weakening momentum and the potential for …

U.S. stock index futures edged lower on Tuesday, as investors weighed the growing likelihood of a government shutdown and a fresh wave of trade tariffs, while also positioning ahead of the release of key labor market data. At 06:10 ET (10:10 GMT), Dow Jones Futures slipped 110 points, or 0.2%, …

The U.S. government is on the brink of a shutdown, with funding set to expire at midnight Tuesday (0400 GMT Wednesday) unless lawmakers in Congress strike a last-minute deal. Partisan Gridlock Over Healthcare and Spending The Republican-controlled Senate is expected to hold another vote on a stopgap funding bill, but …

European markets traded cautiously on Tuesday, weighed down by fresh U.S. tariffs and fears of a looming government shutdown in Washington. At 07:02 GMT, Germany’s DAX slipped 0.2%, France’s CAC 40 dropped 0.2%, while the U.K.’s FTSE 100 managed a 0.1% gain. Trump’s Tariff Escalation Adds to Global Growth Worries …