The Dow Jones rose as investors brushed aside Evergrande woes for the Fed’s outlook. China’s crackdown on cryptocurrencies sent Bitcoin falling. Treasury yields are back on the rise, sending USD/JP…
Kategorie-Archiv: Forecasts
Euro Forecast: Limited EUR/USD Bounce Could Follow German Election Results
The results of this weekend’s German Federal Election will likely dominate Euro sentiment at the start of the week ahead but after a possible EUR/USD bounce they will have little long-term impact.
Crude Oil May Rise as Covid Case Growth Slows. WTI Eyes OPEC Outlook, Evergrande
Crude oil prices may rise as global Covid case growth continues to slow, raising demand expectations. Eyes are on OPEC’s annual world oil outlook report. China’s Evergrande situation remains fluid.
S&P 500 & FTSE 100 Forecasts for the Week Ahead
Short-term uncertainties to keep the pressure on equity markets.
Gold Fundamental Forecast: XAU Eyes PCE After US Dollar, Treasury Yields Weigh on Price
Gold prices fell after a hawkish FOMC statement sent yields higher into the weekend, hurting the non-interest-bearing asset. PCE figures are in focus for gold traders this week.
US Dollar Post-FOMC Performance Hinges on Slew of US Data
The update to the US Consumer Price Index (CPI) is likely to sway the US Dollar during the Federal Reserve’s blackout period as the central bank braces for a transitory rise in inflation.
Australian Dollar Outlook: China, Energy and Yields in Play. What Will Drive AUD/USD?
The Australian Dollar continues to be caught in the crosswinds of external factors as risk appetite fluctuates. Can AUD/USD find firmer footing?
Cryptocurrencies Slammed by China Ban, Twitter (TWTR) Allows Bitcoin (BTC) Tipping
Bitcoin (BTC) started the day on the front foot on the Twitter news before the latest China crypto ban hammered the market lower.
Markets Week Ahead: US Dollar, FOMC, GBP/USD, BoE, USD/JPY, BoJ, AUD/USD, Chinese Debt Crisis
Central bank decisions are on tap next week, with the US Dollar eyeing the FOMC, the British Pound facing the BoE and the Japanese Yen looking to the BoJ.
Gold Price Outlook Hinges on Fed Rate Decision & Forward Guidance
The Federal Reserve rate decision is likely to sway the near-term outlook for the price of gold as the central bank appears to be on track to scale back monetary support.