Wall Street pulled off a recovery into the weekend as equities in parts of the Asia Pacific region wobbled. The US Dollar appears to be regaining upside momentum, leaving gold and crude oil at risk…
Kategorie-Archiv: Forecasts
Will Dow Jones Continue to Outperform Nasdaq 100 on Reflation Optimism?
Reflation optimism and vaccine rollouts led to a rotation from tech into cyclical sectors, boosting the Dow Jones Industrial Average while pulling down the tech-heavy Nasdaq 100. Will this trend be…
Euro Forecast: EUR/USD Outlook Bleak on Lockdowns, Third Wave Fears
EUR/USD is sure to bounce back at some time but for now it’s hard to see anything but further losses as the EU struggles with a third wave of Covid-19 infections and more lockdowns.
USD/MXN Outlook: Should Banxico Keep Rates Steady or React to Inflation?
Money markets are pricing in two possible rate hikes in 2021 as Mexico sees soaring inflation.
Gold Weekly Price Forecast: XAU Caught Between Treasury Yields and USD
Gold price action was directionless last week as the precious metal was caught between tempered US Treasury yields and a surging US Dollar. Should the two forces continue, XAU/USD might stagnate.
Australian Dollar May Wobble if Chinese and Tech Stocks Keep Sinking
The Australian Dollar wobbled as Chinese stock markets flirted with a correction. Further losses there remain a risk to the Aussie as Treasuries eye the next non-farm payrolls report.
US Dollar Rally to Benefit from Upbeat Non-Farm Payrolls (NFP) Report
The update to the US Non-Farm Payrolls (NFP) report may keep the US Dollar afloat as employment is expected to increase for the third consecutive month.
Markets Week Ahead: Dow Jones, US Dollar, Treasury Yields, Crude Oil, Reflation Trade
The Dow Jones, S&P 500 and Nasdaq Composite sank as the Fed remained sanguine about Treasuries. A relatively quiet economic calendar docket ahead may leave the markets focusing on broader fundament…
Markets Week Ahead: Dow Jones, US Dollar, Treasury Yields, Crude Oil, Reflation Trade
The Dow Jones, S&P 500 and Nasdaq Composite sank as the Fed remained sanguine about Treasuries. A relatively quiet economic calendar docket ahead may leave the markets focusing on broader fundament…
Euro Forecast: Prepare for Possible EUR/USD Break to the Downside
EUR/USD looks ready to break out from the relatively narrow range it has traded in for most of this month. It could go either way but the downside looks more likely.