Nobody is seriously expecting the ECB to cut Eurozone interest rates any time soon. It appears keen to persuade the markets that a reduction is possible but there’s little chance EUR/USD will react.
Kategorie-Archiv: Forecasts
Stock Market Forecast for the Week Ahead: Will the Mania Continue?
US indices were thrown into disarray last week as an army of retail traders poured into stocks with heavy short interest like GameStop. What makes for an intriguing story is also immensely risky fo…
US Dollar Forecast: Where to After GameStop Short-Squeeze Rattled Markets?
The US Dollar may remain in a consolidative state as fundamental risks, such as fiscal stimulus bets, non-farm payrolls and “short-squeezing”, threaten broader stock market sentiment.
Gold Price Forecast: Is Gold at Risk From a US Dollar Turning Point?
Gold prices consolidating, however, US Dollar may present a risk.
AUD/USD Rate Outlook Hinges on February 2021 RBA Rate Decision
The Reserve Bank of Australia (RBA) interest rate decision may fuel the recent rebound in AUD/USD if the central bank retains the current course for monetary policy.
Crude Oil Forecast: Backwardation Hints at Gains with OPEC JMMC on Tap
Crude oil prices may continue to push higher ahead of OPEC’s JMMC meeting, on the back of futures curve backwardation, vaccination progress and a notable decline in global cases of Covid-19.
Markets Week Ahead: Nasdaq 100, US Dollar, Crude Oil, Fed, IMF, Tech Earnings
The Nasdaq 100 outperformed the broader market as the US Dollar weakened with crude oil prices. A busy week is ahead for markets, with Apple and Microsoft earnings, the Fed, GDP data, the IMF’s Wor…
Euro Week Ahead Forecast: EUR/USD Outlook Bullish, EUR/GBP Bearish
The Euro looks to have broken higher against the US Dollar but lower against the British Pound, trends that will likely continue in the days ahead.
Mexican Peso Forecast: USD/MXN Drifts Back Above 19.90 as it Holds its Range
Mexico continues to see record numbers in new virus cases as USD/MXN converges to the center of its range.
Dow Jones, Nasdaq 100, DAX 30 Forecasts for the Week Ahead
The Dow Jones and Nasdaq 100 will look to key earnings from the likes of Apple, Tesla, Boeing and more while juggling a FOMC rate decision midweek. The DAX 30 awaits broader economic data.