Markets Week Ahead: Dow Jones, Gold, EUR/USD, ECB, USD/CAD, BoC, Treasury Yields
A decline in Treasury yields continued supporting the Dow Jones and Nasdaq Composite as the US Dollar fell. Gold and silver prices are on the rise following notable breakouts. EUR/USD and USD/CAD a...
FTSE 100 Update: FTSE Surpasses 7000, Rising 40% From 2020 Low
The FTSE 100 has been buoyed by loose monetary policy, recent relaxations in local lockdown restrictions and optimism around the global economic recovery.
EUR/USD Breaks Above 1.20 as US Dollar Losses Intensify, DAX 30 Keeps Record Highs
Euro bulls manage to break the 1.20 mark after several attempts, whilst the DAX 30 continues its bullish pace
British Pound (GBP) - Positive Outlook Pushing GBP/USD Higher, Extending Last Week's Gains
Sterling opens the week on the front foot and pushing back above Friday’s high against the US dollar, while EUR/GBP looks set to re-test the 0.8600 area again.
US Dollar Forecast: USD/JPY Testing Key Support as Yields Slide Lower
The USD/JPY exchange rate is challenging a key inflection point after sliding significantly lower on the back of falling US Treasury yields. Is a more extended correction in the offing?
Crude Oil Prices Retreat after Big Rally as Traders Await Fresh Catalysts
Crude oil prices retreated for a second day after registering big gains last week. Uneven vaccine progress around the globe and surging infections in India remain threats to energy demand.
Gold Prices Extend Higher on Chinese Demand Boost, Falling Yields
Gold prices edged higher as Treasury yields fell. China has given banks permission to import large amount of gold to meet domestic demand ahead of the “Golden Week” holiday.
US Dollar Forecast: SGD, THB, IDR, PHP May Rise. Bank of Indonesian on Tap
The US Dollar weakened against ASEAN currencies like the Singapore Dollar, Thai Baht, Indonesian Rupiah and Philippine Peso as Treasury yields fell. More of the same may be ahead.
Nasdaq 100, Hang Seng, ASX 200 Outlook: Tech Earnings in Focus as US Stocks Hit Records
Stocks on Wall Street closed at all-time highs as investors anticipated a strong earnings season ahead. Futures across the Asia Pacific look set to ride this tailwind. Cryptocurrencies tumbled over...
Bitcoin Tumbles Amid Xinjiang Blackout, Possible US Treasury Investigation
Bitcoin prices tumbled lower amid news of a possible US Treasury investigation into the crypto space and a blackout in the Chinese BTC mining region of Xinjiang.