Crude Oil Price Outlook: OPEC Commentary, EU Summer Travel Lift for Vaccinated Eyed
Crude oil prices shrugged off some weakness on Wall Street, focusing on the EU lifting summer travel for vaccinated people and commentary from OPEC’s second-largest energy producer.
Gold Price Forecast: XAU/USD Rises as Market Considers Transitory Inflation Theme
Gold prices approach the psychologically imposing 1,800 level as Treasury yields and the US Dollar move lower with markets beginning to capitulate to a possible transitory inflation theme.
S&P 500 Index Rises on Dovish Fed, Nikkei 225 and ASX 200 Open Mixed
The S&P 500 index rebounded modestly on Monday as Fed Chair Jerome Powell cooled tapering expectations. US ISM manufacturing PMI disappointed. Asia-Pacific markets are poised for a mixed start.
Australian Dollar Forecast: Will AUD/USD Gains Continue After RBA Decision?
AUD/USD shifted higher after key moving averages converged to underpin prices, but today's RBA decision will likely decide the Australian Dollar's direction.
FX Week Ahead - Top 5 Events: BOE & RBA Meetings; Canada, New Zealand, US Jobs
The first week of a new month brings about the usual smattering of ‘high’ rated event risk from around the globe, including April US NFP.
Dow Jones, Nasdaq 100, S&P 500, DAX 30 Forecasts for the Week Ahead
A strong earnings season has equipped investors with fresh optimism but price action may struggle to post progress as seasonal headwinds pick up in the month of May. As a result, gains may slow.
Gold Price Forecast: Gold Threatens Break, Bulls Nearing Control
Gold prices have spent almost nine months in a bearish channel. But taking a step back shows that channel as part of a bull flag formation, and buyers are making a push for fresh highs.
7 Meme Stocks Driving Markets & Making a Mark
The sharp rise in retail trading during the pandemic sparked a surge in 'meme stock' trading and the wild ride continues.
7 Meme Stocks Driving Markets & Making a Mark
The sharp rise in retail trading during the pandemic sparked a surge in 'meme stock' trading and the wild ride continues.
USD/JPY Hits Session Low as ISM Manufacturing Misses Forecast
USD/JPY price action is extending its slide to session lows as US Dollar bears look to unwind last week's rally on the back of disappointing ISM manufacturing PMI data just released.