Gold Price Forecast: Gold Bulls Lacking Until Double Top is Cleared
Cautious tone for the precious metal as markets await key US data
British Pound (GBP) Price Outlook: Near-Term Bullish for EUR/GBP
EUR/GBP could head higher in the hours ahead after European Central Bank Vice President Luis de Guindos suggested the Eurozone economy is growing faster than the ECB expected.
Nikkei 225 Up on Japan Election News, Upbeat Australian GDP Cheers Markets. Risk On?
The Nikkei 225 moved higher as Japanese media suggested an election may come in October while solid Australian GDP data lifted risk assets. More of the same ahead?
Crude Oil Forecast: OPEC+ May Shelve Output Increases as Covid Dents Demand
Crude and Brent oil benchmarks dropped in August as Covid-related demand fears dragged on sentiment. Energy traders are keenly focused on this week's OPEC+ decision, which may see supply reigned ba...
AUD/USD Gains on Solid GDP Beat, Will Australian Dollar Continue Higher?
The Australian Dollar moved higher immediately after local GDP numbers were released for the second quarter. Will AUD/USD test resistance?
Dow Jones Ends Solid Month on a Downbeat as ASX 200 Focuses on a Rising Wedge
The Dow Jones weakened to wrap up a solid month for stocks on Wall Street. Ahead, Australia’s ASX 200 may look past local GDP data as the focus remains on Covid cases and a Rising Wedge.
Australian Dollar Forecast: AUD/USD Eyes Q2 GDP to Kick Off September Trading
The Australian Dollar finished August with a loss against the US Dollar. AUD/USD is eyeing Australia's second-quarter GDP print today to kick off the new trading month.
Nasdaq 100 Forecast: Stocks Retreat Slightly to Round Out a Strong August
Major US equity indices finished lower on Tuesday as risk assets took a breather following Monday's robust move higher.
S&P 500 Shines in August but Could Face Headwinds in September. Why?
The S&P 500 rises 2.9% in August to mark its seventh consecutive monthly gain, but equities could pull back in September on the prospect of tax hikes and monetary tightening.
Bitcoin Support, Ethereum Breaks Out; Solana and Cardano the Focal Points
Non-fungible tokens continue to drive moves in the crypto space with Solana jumping by 90% in less than a week.