Japanese Yen momentum may hold ahead amid rising Covid-19 cases locally and abroad, threatening the global growth outlook. USD/JPY appears to be following bond yield spreads again.
Kategorie-Archiv: Forecasts
Sterling (GBP) Outlook Mired by Brexit's Own Groundhog Day
The EU and UK continue their post-Brexit trade talks, stressing that a deal is within reach, but neither side is prepared to move to get a deal over the line. Again.
US Dollar May Rise as FOMC Minutes Flag Fed Policy Standstill
The US Dollar may rise as minutes from November’s FOMC meeting cement the Fed in wait-and-see mode, cooling risk appetite even as the yield outlook turns more supportive.
Crude Oil Price Outlook Volatile as Covid Clashes with Vaccine Hope
Crude oil price volatility looks set to linger as outlook for the commodity closely tied to GDP growth remains clouded by near-term downside risks undermining COVID-19 vaccine optimism.
S&P 500 Weighed by Stimulus Uncertainty Amid Virus Resurgence
The S&P 500 index may pull back further due to a lack of stimulus clarity amid rapidly climbing Covid-19 cases. IMF painted an uneven recovery outlook, with more policy action needed.
Gold Price Outlook: XAU/USD Still Primed for Higher Ground
Gold prices fell for a second consecutive week as inflation expectations eased after a U.S. political shift. A dispute between the Federal Reserve and Treasury is boosting gold prices, will momentu…
Euro Forecast: EUR/USD Outlook Worsens After EU Recovery Fund Vetoed
With the markets focused on coronavirus vaccines, it was easy to miss news last week that Poland and Hungary have blocked the EU’s recovery fund; another potential negative for the Euro.
Markets Week Ahead: Dow Jones, Nasdaq, Crude Oil, OPEC, GBP/USD, Brexit Talks
Rotation-trade dynamics was this past week’s focus as the Dow Jones outperformed the Nasdaq. Will this continue? Gold prices tumbled as crude oil gained ahead of an OPEC+ meeting. The British Pound…
Markets Week Ahead: Dow Jones, Nasdaq, Crude Oil, OPEC, GBP/USD, Brexit Talks
Rotation-trade dynamics was this past week’s focus as the Dow Jones outperformed the Nasdaq. Will this continue? Gold prices tumbled as crude oil gained ahead of an OPEC+ meeting. The British Pound…
Euro Forecast: EUR/USD May Extend Last Week's Losses
The falls in EUR/USD early last week came as a surprise to many analysts, but an extension of those declines this week would be no shock as easier Eurozone monetary policy comes closer.