BonTrade News
Gold Price Forecast: Will XAU/USD Shrug off a Higher US Retail Sales Outcome?

Gold prices are trying to recover recent losses heading into key US retail sales and sentiment data. Will the Fed’s dovish tone numb a market reaction to unexpectedly better data?

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BonTrade News
Crude Oil Prices May Fall as US Retail Sales Data Shapes Fed Outlook

Crude oil prices may continue to fall after suffering the largest daily drop in six weeks as US retail sales data stokes speculation about a sooner-than-expected Fed policy pivot.

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BonTrade News
S&P 500 Index Rebound May Offer Relief for Nikkei 225 and ASX 200

The S&P 500 index reversed a three-day loss amid favorable jobs data and falling commodity prices, which cooled inflation fears. APAC markets look set to trade higher following a positive lead. Dog...

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BonTrade News
NZD/USD Rises After Rate Bets Ease, Business NZ PMI in Focus

The risk-sensitive New Zealand Dollar rose as rate trades eased and Wall Street gained. NZD saw a positive print in New Zealand's business PMI.

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BonTrade News
NZD/USD Rises After Rate Bets Ease, Business NZ PMI in Focus

The risk-sensitive New Zealand Dollar rose as rate trades eased and Wall Street gained. NZD saw a positive print in New Zealand's business PMI.

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BonTrade News
US Dollar Outlook: DXY Index Eyes Retail Sales Data, Yields

The US Dollar traded broadly sideways on Thursday as bulls paused the rally amid softer Treasury yields. Will retail sales and consumer sentiment data stoke inflation fears and a bid beneath the DXY?

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BonTrade News
S&P 500 Forecast: Stocks at Risk Following Major Trendline Break

As inflation fears erode risk appetite, the S&P 500 could experience further volatility putting stock valuations at risk of further declines. A major trendline break on the S&P 500 might accelerate...

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BonTrade News
Dow Jones Analysis: Stocks Rebound From Recent Losses as Disney Earnings Disappoint

Nasdaq 100, S&P 500, and Dow Jones end Thursday higher following three straight days of declines, as Disney reported disappointing revenue and Disney+ subscriber numbers.

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BonTrade News
USD/MXN Continues Lower as Bank of Mexico Leaves 4.0% Rate Steady

The Bank of Mexico on Thursday kept its benchmark lending rate at 4.0%, as expected. USD/MXN was largely unchanged on the news but continued its drift lower.

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BonTrade News
USD/CAD Faces RSI Buy Signal After Clearing September 2017 Low

The Relative Strength Index (RSI) indicates a textbook buy signal for USD/CAD as the oscillator climbs out of oversold territory and pushes above 30.

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