The S&P 500 and Nasdaq 100 rose slightly during the week, but upward momentum waned as interest rate expectations have begun to drift higher from their level of a few weeks ago.
Schlagwort-Archiv: Estimate
Pound Sterling Forecast: UK Fundamental Data Fails to Inspire, CPI Next
Recent GBP/USD performance flatters the pound while further afield, sterling has not performed all that well particularly against the euro and franc. UK CPI up next
Euro Week Ahead Forecast: EUR/USD Looking to Build A New Base
EUR/USD made a fresh yearly high this week and looks set to move higher. A period of consolidation may help set the pair up for the next leg.
US Dollar Weekly Forecast: Without Need for Safety, DXY May Keep Getting Punished
Not much love seems to be in store for the US Dollar as traders continue focusing on ebbing inflation, a dovish Federal Reserve and a potentially resilient labor market. Where to for DXY?
Dow Jones, S&P 500, Nasdaq 100 Technical Outlook: Will Q2 Offer Meaningful Breakouts?
The Dow Jones, S&P 500 and Nasdaq 100 reinforced key price levels in the first quarter for traders to watch. Will meaningful breakouts occur in Q2?
Australian Dollar Fundamental Outlook: RBA Pauses with CPI Ahead
The Australian Dollar finished the first quarter not far from where it started after trading in a wide range of 0.6565 – 0.7158 through the first three months of 2023.
Equities Q2 Fundamental Outlook: Who is Right About SVB, the Fed or Markets?
The Nasdaq 100 outperformed the Dow Jones in the first quarter as SVB’s collapse triggered aggressive Fed rate cut bets. The only thing is that is not what the central bank envisions.
British Pound Q2 2023 Fundamental Forecast: Waiting for Inflation to Fall
The British Pound is barely above its Q1 opening level with GBP/USD constrained in a six-point, sideways trading range since the start of the year.
Australian Dollar Outlook: Inflation to Drive Rates Path
The Australian Dollar finished the first quarter not far from where it started after trading in a wide range of 0.6565 – 0.7158 through the first three months of 2023.
Nasdaq 100, Dow Jones, S&P 500 Forecast: US Indices Remain Resilient as Technicals Hint at Further Gains Ahead
US Indices continue to navigate their way positively through banking sector uncertainty with increased liquidity and technicals seemingly providing support. The question remains is this sustainable?