Gold Prices Fall After US PCE Data Strengthens Fed Tapering Bets
Gold prices extended lower after US core PCE growth hit the highest level since 1992, reaffirming inflationary pressures. Boston Fed President Eric Rosengren hinted at first rate hike by the end of...
S&P 500 Hits All-Time High, Lifting Hang Seng and ASX 200 Sentiment
Wall Street stocks rallied on Friday despite a moderate pullback in the tech sector. Tesla will recall over 285k cars in China. NBS manufacturing PMI and US nonfarm payrolls data are in focus this ...
Australian Dollar Forecast: AUD/USD Takes Hit on New Covid Lockdowns
AUD/USD is under pressure as Australia enacts a new round of lockdowns amid worries about the quickly spreading Delta variant of Covid-19. A speech from RBA Governor Lowe is eyed.
Australian Dollar Forecast: AUD/USD Takes Hit on New Covid Lockdowns
AUD/USD is under pressure as Australia enacts a new round of lockdowns amid worries about the quickly spreading Delta variant of Covid-19. A speech from RBA Governor Lowe is eyed.
Markets Week Ahead: Dow Jones, US Dollar, Non-Farm Payrolls, Crude Oil, OPEC+
Market sentiment is mending again, with the Dow Jones, DAX 30 and CSI 300 on the rise despite Fed tapering bets being brought forward. The US Dollar is eyeing non-farm payrolls data. Crude oil pric...
Dow Jones & DAX 30 Forecasts for the Week Ahead
The Dow Jones might struggle to regain its footing as investors look to rotate out of value stocks and back into high-growth technology stocks. Meanwhile, the DAX 30 awaits inflation and employment...
Mexican Peso Forecast: USD/MXN Balance of Risks Appears Tilted to the Downside
The possibility of Banxico embarking on an aggressive tightening cycle and positive risk sentimentshould drive USD/MXN lower in the near term, with the 2021 low being the immediate focus.
Euro Forecast: Inflation Data May Prompt Fall in EUR/USD Price
EUR/USD has been on a roller coaster ride over the past fortnight; its next move could be lower, triggered by the coming week’s Eurozone inflation numbers.
Gold Weekly Forecast: XAU/USD Performance Contingent on NFP Data
Gold is back within its April range as investor’s try and balance inflation data
Crude Oil Price Outlook: OPEC+ Meeting, Iran Talks In Focus
Crude oil price outlook for the week ahead is juxtaposed by the prospect of OPEC+ boosting production and Iran nuclear deal discussions being delayed. Where is the commodity headed next?