Bitcoin, Ether Jump Higher Despite Second Crypto Exchange Collapse in Turkey
Digital currencies recover from last week’s slump, building momentum on yesterday’s surge
Gold Price Outlook - Potential Breakout Looming as Fed, US Data Prints and Tech Company Results Collide
Gold remains unable to break back above $1,800/oz. but volatility may heighten as the latest Fed policy announcement, US data prints, and Big tech earnings heave into view
Crude Oil Price Outlook: Upside Risk as OPEC+ Meets to Discuss Output
OPEC and its allies meet this week to reconsider their plan to ease production curbs from May 1; the risk is that the plan is put on hold due to concerns about demand, particularly from India.
British Pound Price Forecast: Reopening Optimism to Drive GBP/USD Higher
Better-than-expected economic data, falling coronavirus case numbers, and reopening optimism may continue to drive the British Pound higher against its major counterparts in the near term.
Gold Prices May Fall as Chart Setup Warns of Topping Before FOMC
Gold prices may turn lower if a bearish Head and Shoulders chart pattern plays out as advertised. The FOMC monetary policy announcement lines up as a catalyst.
Japanese Yen Forecast: Dovish BoJ, Covid-19 Lockdowns to Keep JPY on Backfoot
The Bank of Japan’s upgraded GDP forecasts pushed JPY higher against USD however, the central bank’s dovish stance and a slew of coronavirus restrictions will likely keep the currency on the back f...
AUD/USD Analysis: Struggling at 0.78 Despite Chinese Industrial Profits Surge
AUD/USD fell once again at the 0.78 handle as strong Chinese industrial profits struggled to offer much for the Australian Dollar. All eyes are on the Fed this week.
S&P 500 Index Hits a Fresh Record, Nikkei 225 and ASX 200 Open Flat
The S&P 500 index hit a fresh record amid strong earnings. Tesla dropped during after-hours trading despite upbeat profits in Q1. Asia-Pacific markets are poised for a mixed start on Tuesday.
SPACs Continue to Shine as Super Group Holding Co. Prepares to Go Public
Super Group, the parent company of Betway and Spin, is set to trade on the NYSE following a $4.75 billion merger with Sports Entertainment Acquisition Corp.
New Zealand Dollar May Rise, Copper Price Outlook Hones in on All-Time High
The New Zealand Dollar rose against the US Dollar, with copper futures closing at the highest since 2011. Ahead, the Japanese Yen is eyeing the Bank of Japan after a rosy day for sentiment.