A mixed week for risk appetite left Wall Street above its major peers, but a mixed US Dollar. Commodity-linked currencies, like the Australian Dollar, are on the rise. All eyes are on US PCE, NFPs,…
Kategorie-Archiv: Forecasts
Euro Fundamental Forecast: EUR/USD Clinging on to 1.1000, Inflation Data Nears
The latest look at German and Euro Zone inflation data next week may be a make or break for the single currency as it struggles to hold its own against the US dollar.
Nasdaq 100, Dow Jones, S&P 500 Forecast: 2-Week Win Streak at Risk as PCE, NFPs Near
The Nasdaq 100 saw its best 2-week rise since the early 2000s dot com bust, the S&P 500 and Dow Jones followed. The road ahead remains tough with US PCE and non-farm payrolls data in focus.
Gold Price Eyes Yearly High with US PCE Price Index on Tap
Data prints coming out of the US may fuel the recent advance in the price of gold as the Fed’s preferred gauge for inflation is expected to increase for the sixth consecutive month.
Australian Dollar Fundamental Forecast: AUD/USD Eyes Economic Data as RBA Hike Bets Increase
AUD/USD is eying economic data prints this week after the currency rallied amid higher commodity prices and a rebound in market sentiment. Will data impress enough to boost already rising RBA rate …
GBP/USD Weekly Forecast: GBP/JPY Spiral to Continue Into Month-End
BoE rate expectations remain aggressive. GBP/JPY upside to persist into month-end.
Markets Week Ahead: Nasdaq 100, Hang Seng Index, US Dollar, British Pound, Powell, UK CPI
Global market sentiment strongly recovered this past week, with some of the strongest gains seen in the tech-heavy Nasdaq 100 and the Hang Seng Index. Ahead, the US Dollar will be eyeing Chair Jero…
Weekly Fundamental Euro Forecast: Rebound in Yields Insulating the Euro
ECB rate expectations are evolving, but the ECB continues to push back on the idea of rate hikes anytime soon.
S&P 500 Forecast: Post-Fed Rally Leads to Break of Monthly Opening Range
The improvement in risk appetite may keep the S&P 500 index afloat over the coming days as the Federal Reserve appears to be in no rush to winddown its balance sheet.
Crude Oil Forecast: Headlines Hit Prices but Oil is Structurally Underpinned For Now
Crude oil recovered ground going into the weekend as supply concerns re-emerge and the war goes on. Have markets seen a base for WTI?