Gold Prices Extend Higher amid Viral Resurgence, Falling Yields
Gold prices climbed to an 8-week high as viral resurgence in parts of the world dampened growth prospect, sending yields lower. Rising demand for safety boosted the appeal of the precious metal.
AUD/USD Mixed as Retail Sales Surpass Expectations
Australian retail sales for the month of March grew by 1.4%, as lockdowns eased an early Easter holiday.
Nasdaq 100 Outlook and Netflix Earnings Miss May Cast a Shadow on Hang Seng and ASX 200
Nasdaq 100 futures declined after Netflix reported a much lower-than-expected subscriber growth in Q1. Stock markets are facing a “reality check” for corporate earnings.
Nasdaq 100 Sinks Despite Mostly Upbeat Earnings, Asia-Pacific Turns Eye to AU Retail Sales
The Nasdaq 100 shifts lower for a second day despite mostly upbeat earnings reports. Traders will shift focus to Australia’s retail sales figure during Wednesday’s Asia-Pacific session.
S&P 500 Forecast: Stocks Pull Back as Tech Earnings Approach
US equities are on the backfoot as strong bank earnings have faded into the rearview ahead of technology earnings. An abysmal quarterly report from Netflix will do little to bolster fragile sentiment.
DOGE frenzy continues while Bitcoin (BTC/USD) Backs Down
Dogecoin’s rally continues as Bitcoin bulls face tests at key levels.
Nasdaq 100 ETF Sees Largest Outflow Since October - Stock Market Update
The Nasdaq 100-tracking QQQ ETF recorded its largest outflow since October on Friday as equities entered the week on the backfoot. Nevertheless, the longer-term trend remains higher, at least for now.
Crude Oil Prices Drop as US Push Through With Anti-OPEC Bill
Oil prices extend losses as US House Judiciary Committee pass NOPEC Bill
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
Although the BOE doesn’t meet again until May, the ECB is squarely in focus with its April rate decision this week.
NZD/USD Attempts to Negate Head-and-Shoulders Pattern Ahead of NZ CPI
NZD/USD appears to be on track to negate the head-and-shoulders formation from earlier this year as it approaches the March high (0.7307).