South African Rand Outlook: ZAR Strengthens Despite Ongoing Unrest
ZAR strengthens in spite of continued unrest and looting in SA. We take a look at key technical levels for the week ahead
US Dollar (DXY) Outlook: Inching Towards a Fresh Three-Month High Ahead of Important Data Releases
The US dollar continues to nudge higher and may attempt a fresh break above resistance if upcoming US data releases meet expectations
UK Morning Rundown: GBP/USD Struggles to Find Support, FTSE 100 Bouncing Off 7,000
Uncertainty about the path of interest rates leaves UK assets struggling for direction
Crude Oil Prices Under Fire, US Retail and Consumer Trends Data Eyed
Crude oil prices are set for the worst week in four months amid worries about slowing growth and deadlocked OPEC+ negotiations. US retail sales and consumer confidence data is due.
Nasdaq 100 May Outperform the Dow Jones as Treasury Yield Curve Flattens: Q3 Top Trading Opportunities
A hawkish shift in the Fed’s monetary policy stance may mark another period of outperformance in the Nasdaq 100 index versus the Dow Jones Industrial Average.
Nasdaq 100 May Outperform the Dow Jones as Treasury Yield Curve Flattens: Q3 Top Trading Opportunities
A hawkish shift in the Fed’s monetary policy stance may mark another period of outperformance in the Nasdaq 100 index versus the Dow Jones Industrial Average.
Gold Price Outlook: US Retail Sales, University of Michigan Sentiment in Focus
Gold may be at risk before the weekend if US retail sales and University of Michigan sentiment surprise higher. Still, the near-term technical outlook for XAU/USD seems to favor the upside.
Nasdaq 100 Retreats Amid Viral Concerns, Will Hang Seng Index Follow?
Wall Street stocks were mixed on Thursday as a viral resurgence casted a shadow over the growth outlook. Los Angeles reinstated mask mandate. Energy and technology stocks were among the worst perfo...
New Zealand Dollar Forecast: NZD/USD Surges on Red Hot Q2 CPI Print
The New Zealand Dollar gained against the US Dollar and its other peers after a red hot Q2 CPI print, confirming the RBNZ's hawkish rate outlook.
S&P 500 Slides as Traders Eye Retail Sales and Consumer Sentiment Data
The S&P 500 falls on inflation and COVID-19 concerns despite good corporate results as traders await U.S. retail sales and consumer sentiment data.