S&P 500 Retreats as Investors Mull Tapering, Hang Seng and ASX 200 May Fall
The S&P 500 index pulled back slightly as several Fed officials gave hawkish signals. The 2-year Treasury yield climbed to a 14-month high. APAC markets opened mixed.
Bitcoin (BTC) Analysis: Dead Cat Bounce After Death Cross, or New Bull Market?
The formation of a “Death Cross” on Bitcoin’s daily chart paints a bleak picture for the cryptocurrency, following a test of yearly lows around $28,800.
New Zealand Dollar Forecast: NZD/USD Testing Key Moving Average as Price Rebounds
The New Zealand Dollar is on track to record a third consecutive daily gain against the US Dollar despite Fed tapering fears driving the US Dollar broadly higher. Traders are shifting focus to the ...
GBP/USD Price Outlook: Pound Sterling Eyes BoE Rate Decision
GBP/USD price action in focus with overnight implied volatility readings elevated as markets await event risk posed by the Bank of England rate decision scheduled for Thursday, 24 June at 11:00 GMT.
Nasdaq 100 Outpaces Dow Jones as Reflation Trade is Put on Pause
High-growth technology stocks listed on the Nasdaq 100 look to be back in the driver’s seat as the popular reflation trade loses steam and drags the Dow Jones lower.
Bank of England Preview: How Will the Pound (GBP) React?
BoE to maintain policy settings, while risks lean towards a more hawkish statement.
EUR/USD Rate Rebound Pulls RSI Out of Oversold Territory
EUR/USD may stage a larger rebound over the remainder of the week as the RSI bounces back from oversold territory to indicate a textbook buy signal.
Manufacturing Activity Surges to a Record High, but Services PMI Cools, US Dollar Retreats
June Manufacturing activity jumps to a record high of 62.6 from 62.1 in May whileServices PMI slows down to 64.8 from 70.4 in the previous month.
Euro Technical Analysis: EUR/CHF, EUR/NOK, EUR/SEK Rates Outlook
What do the non-major EUR-crosses tell us about market sentiment?
S&P 500 Forecast: U.S. Tech Stocks Gain as Powell Appeases Markets
This week has been positive for the S&P 500 and U.S. equities in general with additional stimulus coming from Fed speakers downplaying inflationary pressure and easing hype around last weeks hawkis...