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Treasury yields recovered as risk sentiments stabilised due to US-China trade tensions easing and investors fear the ECB could announce less stimulus this week.

Trump and Xi will be having their formal meeting next month and Chinese sources are suggesting a breakthrough could occur. The improvement in risk sentiment could push gold lower in the short term.

With Canada’s economy going strong, Governor Poloz may continue to monitor data and keep rate cuts on the table. CAD/JPY could rise but further upside could be limited.

Governor Lowe kept rates unchanged as it awaits further insights from economic data before slashing rates again. EUR/AUD could head lower.

Gold’s rally is invincible now, always buy gold at dip.

Boris Johnson suspended Parliament until 14 October, reducing time MPs have to stop a no-deal Brexit. Brexit uncertainty will continue to weigh on pound.

Gold’s rally is invincible now, always buy gold at dip.

ECB is preparing a stimulus package amid a worsening global downturn and trade uncertainties. EUR/USD could break the psychological barrier of 1.10 by the next ECB meeting.

Trump delayed tariffs due to pressure from US businesses while US-China trade talks continue to show no progress. Gold could resume its uptrend.

After the surprise cut of 50bps, RBNZ Gov Orr hinted at negative rates amid worsening trade conflict and darkening global outlook. NZD/JPY could head towards 65.30.