Crude oil prices weakened as a stronger US Dollar and another drop in the S&P 500 undermined the sentiment-linked commodity. All eyes are on US GDP and the Fed’s preferred inflation gauge next.
Schlagwort-Archiv: Estimate
S&P 500, Nasdaq 100 Weekly Forecasts – Bond Yields Hammer Equity Sentiment
Heightened US interest rate hike expectations are weighing heavily on US indices. Will next week’s bumper crop of Q1 US earnings help to steady the market?
Gold Price Outlook Hinges on US Inflation During Fed Blackout Period
The update to the US PCE Price Index may drag on the price of gold as the Fed’s preferred gauge for inflation is expected to downtick for the first time since August.
British Pound Forecast: GBP/USD at Risk of Further Losses as the UK Economy Weakens
Slowing economic growth in the UK and bets that the Bank of England will not be as aggressive as the Fed during its tightening cycle are likely to weigh on GBP/USD in the near term.
GBP Forecast Q2 2022: The Bank of England's Inflation and Growth Puzzle
The Bank of England (BoE) is expected to raise UK interest rates further in the second quarter of 2022 as the UK central bank tries to stem soaring prices pressures. The BoE has already lifted the …
EUR Forecast Q2 2022: A Badly Battered Euro May Find a Lifeline in Ukraine, But Can an Upswing Last?
The Euro suffered punishing losses in the first quarter of 2022. The currency is on pace to shed almost 3 percent against an average of its major counterparts, marking the worst three-month perform…
AUD Forecast Q2 2022: Commodities and Central Banks in Focus
The Australian Dollar made an 18-month low in January, eclipsing the November 2020 nadir of 0.6991 by a small margin.
Crude Oil Price Forecast Q2 2022: Robust Demand Still Met with Limited Supply
The price of oil spiked to a fresh yearly high ($130.50) in March amid the disruptions caused by the Russia-Ukraine war. Current market conditions may lead to higher crude prices as expectations fo…
JPY Forecast Q2 2022: Will Inflation Surpass the Bank of Japan’s Target?
The anti-risk Japanese Yen put in a dismal performance during the first quarter of 2022, particularly as March wrapped up. A majors-based Japanese Yen Index that averages JPY against USD, AUD, GBP …
Equities Forecast Q2 2022: Fed Policy Remains the Biggest Risk for Equity Markets
A volatile first quarter for US equities, which grappled with not only an inflation-fighting Federal Reserve but also increased geopolitical tensions.