DAX 30 Outlook: Pulling Back from New All-time High Ahead of US CPI Data
The DAX 30 reaches a new all-time high overnight but is struggling to keep bullish momentum going
British Pound (GBP) Price Outlook: GBP/USD May Edge Lower Near-Term
GBP has failed to benefit from confirmation that coronavirus restrictions in England will mostly end on July 19, suggesting some modest underlying weakness in the currency.
US Dollar May Resume Rise as CPI Data Drives Fed Policy Bets
The US Dollar may rise if June’s CPI inflation data tops forecasts, stoking speculation about an accelerated Fed timeline for stimulus withdrawal.
Crude Oil Forecast: OPEC+ Fallout, Delta Strain Clouding Market Fundamentals
Oil markets face a clouded outlook as the OPEC+ fallout and rising Covid cases across Asia drive uncertainty in energy markets.
AUD/USD Bounce Continues Following Strong Chinese Trade Data
Chinese trade data wildly surpasses expectations fueled by a massive trade surplus with the US. AUD/USD tests 0.7500.
Gold Price Forecast: XAU/USD May Be Vulnerable to a Higher US CPI Print
Gold prices could be at risk to a higher-than-expected US CPI report that brings forward Fed monetary policy tapering expectations. What are key XAU/USD technical levels to watch?
Nasdaq 100 at Record High on Earnings Optimism, Nikkei 225 Trades Higher
The Nasdaq 100 closed at an all-time high as traders anticipated a stellar earnings season ahead. US core inflation and Chinese trade balance data are in focus today.
Australian Dollar Forecast: Chinese Trade Data Eyed as Covid Wave Worsens
The Australian Dollar remains near its yearly lows as Covid cases increase in Australia, prompting extended lockdown concerns. China is set to report its June trade balance.
US Dollar Forecast: USD/JPY In Focus as Inflation Data Looms
USD/JPY price action, along with the broader US Dollar Index, will likely be front and center during Tuesday's trading session with inflation data due. How might the CPI report impact markets?
Mexican Peso Outlook: Summer Doldrums Keep USD/MXN Muted as Traders Eye US CPI data
USD/MXN starts the week directionless, oscillating between small gains and losses as traders await U.S. inflation data on Tuesday.