Archiv für den Monat: November 2021
Weekly Preview: Earnings to Watch This Week (BBY, DELL, HPQ, ZM)
After a rough start to the month on rising inflationary fears, the market has rebounded thanks to a slew of better-than expected earnings reports.
Top Wall Street analysts are confident in the long-term outlook for these stocks
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, like General Motors and Netflix.
Euro Forecast: EUR/USD Outlook No Brighter For Week Ahead Despite Savage Falls
The key question for EUR/USD traders in the coming week is whether all the negativity towards the Euro has now been so fully discounted that a rally is due. The answer? Probably not.
British Pound Outlook: US Dollar Strength Holds GBP/USD Bulls at Bay
GBP/USD continues to struggle to climb higher as USD strength hinders the bulls ability to drive prices higher. EUR/GBP aims lower
Gold Price to Stay Afloat on Strong US PCE Price Report
The update to the Personal Consumption Expenditure (PCE) Price Index may prop up the price of gold if the Fed’s preferred gauge for inflation rises for 11 straight months.
Crude Oil Fundamental Forecast: US and China Square Off Against OPEC
Oil fell last week after the United States and China appeared to coordinate efforts to fight high prices. Will potential SPR releases between the two superpowers put OPEC on the defense?
US Dollar Forecast: Key Inflation Data, Biden Fed Nomination in Focus
The US Dollar may remain on the offense with the Fed’s preferred gauge of inflation – core PCE – expected at the highest since 1991. Will Joe Biden’s Fed Chair nomination have lasting US Dollar imp…
Central bank watch: RBNZ to hike by 50bps?
First stop, the unreliable girlfriend
Heading into the last November Bank of England meeting investors were fully pricing in a 15bps hike to 0.25% with a further four 25bps being priced in for 2022. However, in a surprise to rate markets, the Monetary Policy Committee voted by a majority of 7-2 to maintain the Bank Rate at
Heading into the last November Bank of England meeting investors were fully pricing in a 15bps hike to 0.25% with a further four 25bps being priced in for 2022. However, in a surprise to rate markets, the Monetary Policy Committee voted by a majority of 7-2 to maintain the Bank Rate at
Japanese Prime Minister Kishida confirms his government is considering an oil reserve release
Over the past week the US administration has been in discussions with other countries over releasing oil from reserves:
The US has approached China, Japan, India, South Korea
The US has approached China, Japan, India, South Korea