The eurozone’s woes continue despite an attempt by the ECB to realign medium-term inflation expectations and boost confidence in the euro. EU sentiment and HICP next week
Schlagwort-Archiv: Estimate
Gold Price Rebound Vulnerable to Sticky US Inflation
Fresh data prints coming out of the US may curb the recent rebound in the price of gold as the Consumer Price Index (CPI) is anticipated to show sticky inflation.
US Dollar Eyes CPI Data as FOMC Members Go Dark: DXY Weekly Outlook
The US Dollar cooled last week, largely due to Euro strength following a 75-bps ECB rate hike. Traders are watching the US consumer price index (CPI) amid the FOMC blackout period.
Bitcoin & Ethereum Forecast for the Week Ahead
Bitcoin and Ethereum continue to benefit from upbeat market sentiment as key hurdles come into view.
Australian Dollar Outlook: RBA Hikes are Lost in Global Turmoil
The Australian Dollar was unable to gain traction despite a lift in rates from the RBA as the Fed and ECB remain hawkish and Chinese growth is mired in lockdowns.
Markets Week Ahead: Dow Jones, US Dollar, EUR/USD, USD/CAD, AUD/USD, Gold, ECB, BOC, RBA
Global equity markets tumbled last week, sending risk assets and gold prices lower. Central bank event risks fill the docket for the week, offering traders volatility.
S&P 500, Nasdaq 100 Forecast for Week Ahead: Path Higher Difficult but Possible
The S&P 500 and Nasdaq 100 may find some support in the fact that the US economy remains resilient and that inflationary pressures are beginning to ease more quickly than initially expected.
USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision
The Bank of Canada (BoC) interest rate decision may keep USD/CAD afloat as the central bank is expected to adjust its approach in combating inflation.
Euro ( EUR) Forecast – The ECB Needs to Ramp Up Interest Rates and Fast
The European Central Bank needs to hike interest rates by 75 basis points at next week’s meeting and confirm that it will continue to tighten monetary policy to throttle back runaway inflation.
Gold Prices Set to Move Higher in the Week Ahead After NFP Data Cools FOMC Bets
Gold prices fell last week but managed to trim losses on Friday after the US jobs report cooled FOMC rate hike bets, pushing Treasury yields lower. A light economic docket may extend XAU’s Friday g…