A strong earnings season has equipped investors with fresh optimism but price action may struggle to post progress as seasonal headwinds pick up in the month of May. As a result, gains may slow.
Archiv für den Monat: Mai 2021
Mexican Peso Weekly Forecast: USD/MXN Underpinned by Rising Yields
USD/MXN is trading back above 20.00 Pesos per Dollar as rising bond yields help the US Dollar stem its losses
Australian Dollar Forecast: Dow Jones May Support AUD, Dovish RBA Poses a Risk
The Australian Dollar could fall given a dovish RBA after disappointing first-quarter inflation data. But, further gains in the Dow Jones could signal support for the sentiment-linked AUD.
Euro Forecast: EUR/USD Price Outlook Still Positive, 1.22 in Traders' Sights
April’s strong rally in EUR/USD still shows no sign of losing momentum and the pair could well extend its gains in the first week of May.
Gold Price Vulnerable Ahead of NFP amid Recovery in US Treasury Yields
The price of gold may remain under pressure ahead of the US Non-Farm Payrolls (NFP) report as 10-Year Treasury yield recovers after defending the April low (1.53%).
A look at central banks for May: Part 2
Central bank rundown continued
Prior to the latest BoE meeting on March 18 there was a tail risk of a rate hike coming into the markets. The GBP has been strongly supported over the last few weeks and the last meeting continues to provide reason for optimism regarding GBP strength.The major headlines for the Bank Of
Prior to the latest BoE meeting on March 18 there was a tail risk of a rate hike coming into the markets. The GBP has been strongly supported over the last few weeks and the last meeting continues to provide reason for optimism regarding GBP strength.The major headlines for the Bank Of
Warren Buffett’s Berkshire Hathaway a net seller of stocks in Q1
post a summary of Buffett’s dealings via a weekend regulatory filing:
Bloomberg
More at that link above.
The piece notes there is still a sizeable amount of cash the firm has allocated for buyback this current quarter.
Bloomberg
More at that link above.
The piece notes there is still a sizeable amount of cash the firm has allocated for buyback this current quarter.