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...
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...
British Pound (GBP) Price Outlook: GBP/USD to Benefit from UK PMIs
GBP/USD continues to edge higher ahead of Thursday’s announcement by the Bank of England’s monetary policy committee and could touch 1.40 after broadly positive UK PMI data.
Australian Dollar Price Outlook: AUD/USD Attempts Recovery Above 0.7555
AUD/USD attempts to hold gains above 0.7555 as momentum consolidates
Gold Price Outlook - Tepid Recovery Off Important Support Remains Under Pressure
Gold bounced off an important support level at the end of last week but the pull-back remains unconvincing
Euro Latest: EUR/USD Upside Faces Tough Resistance, PMIs Mixed
Hurdles remain for EUR/USD. Euro Area PMIs unlikely to alter the outlook for EUR/USD.
Crude Oil Prices Climb as OPEC+ Plans August Output Hikes, Stockpiles Fall
Crude oil prices traded higher on recovery optimism as OPEC+ planned to further lift production cuts in August to meet rising fuel demand. API reported a larger-than-expected fall in crude inventor...
Natural Gas Forecast: Prices Rise as US Heat Wave Drives Demand Narrative
Natural gas prices have recaptured a key trendline after a major heatwave sent energy demand in the United States soaring.
Dow Jones May Lead Nikkei 225 Higher as Tapering Fears Ease
Wall Street stocks welcomed Fed Chair Jerome Powell’s dovish speech and closed higher. The Nasdaq 100 hit an all-time high. Asia-Pacific markets may follow a positive lead. The US Dollar retreated.
Australian Dollar Forecast: Flash PMIs Ease With RBA Talks in Focus
The Australian Dollar's rebound may have gained another tailwind after a positive flash PMI report from IHS Markit, although the readings eased from May. RBA Assistant Governor Ellis will speak today.