AUD/USD is trading at 0.64364, 0.07% up since previous day close. The Aussie traded on higher side post release of upbeat Employment data released today. The number of employed people rose by 64.9K from -1.4K in the previous month & the Unemployment Rate remained steady at 3.7%. This signals for progress in labor sector in the country. On global front, the soft USD post U.S CPI data release wherein the inflation rate grew by 0.3% which may prove insufficient in halting more interest rate hikes by Fed; led buying pressure in other basket of currencies. As seen in the chart, the pair sustained the lower trend-line of channel pattern & is on the verge of crossing over the short-term MA (10) & MA (20). Buying on dips may be recommended for the day in AUD/USD.

GER30 is trading at  15704, 0.07% down since previous day close. The slight upward momentum can be seen in European shares amid buying bias in global peers on account of not-so stringent U.S CPI data issued on Wednesday. This may lead Fed to pause rate hike stance in its forthcoming meeting in the month of September. The German ZEW Economic Sentiment fell to 11.4 from 12.3 in the previous month which  cushioned the GER30 to some extent. The ECB is to hold its meeting today with a focus on change in monetary policy; keeping in concern the weaker economic conditions. As seen in the chart, the index may take a strong support of long-term MA (200) & hence, slight buying may be initiated for the day if sustained the current levels.

Gold is trading at $1909.44, 0.11% down since previous close. The gold prices inches up on Thursday against the soft USD after U.S showed a mild rise in inflation rate of 0.3% which may halt the Fed interest rate hike decision in its upcoming meeting in the next week. The tension between U.S & China may affect the consumption demand of metals; for China is a major consumer of metals. The traders will be looking forward to the result of U.S PPI, Retail Sales & Unemployment Claims data which are to be issued today. As seen in the chart, the commodity is on the verge of crossing down Fibo level 50.0 which indicates a make-or-break situation on an intraday basis.