Gold prices accelerated higher as longer-dated Treasury yields declined. While the Dow Jones and S&P 500 rose, stock valuations will be tested as earnings season gets underway. The Euro awaits the …
Schlagwort-Archiv: Forecast
GBP/USD Weekly Forecast: GBP Cheers Stimulus, Rally at Risk of Stalling
A plethora of UK data, however, external factors remain the key driver as GBP/USD edges towards 200DMA.
XAU/USD Outlook Bearish For Q3 on Financial Risks, Covid-19 Pandemic
Gold prices may surrender to the US Dollar if another wave of the coronavirus hammers global growth prospects and destabilizes the fragile corporate debt market.
Euro Forecast: EUR/USD to Find Direction from ECB and EU Summit
Two major events will dominate Euro trading in the coming week: an ECB meeting on Eurozone monetary policy, followed by an EU summit to reach agreement on a recovery fund.
Dow Jones, S&P 500, DAX 30, FTSE 100 Outlook: Stocks Week Ahead
The Dow Jones and S&P 500 nervously face the earnings season ascoronavirus deaths could reimpose lockdowns. The DAX 30 eyes an EU rescue package as the FTSE 100 awaits GDP data.
Japanese Yen Outlook Bullish on Coronavirus Surge, US Earnings Season
The Japanese Yen may rise if a growing number of coronavirus cases around the world puts a premium on anti-risk assets. JPY’s gains may be amplified if corporate earnings fail to impress investors.
Gold Price Forecast: Fed Balance Sheet Drop May Cap Bullion's Surge
Gold price gains seem to depend on monetary stimulus expansion and may turn lower as contraction of the Federal Reserve’s balance sheet underpins the US Dollar.
Dollar as a Safe Haven or Source of Global Instability?
The US Dollar is the traditional safe haven currency – a boon when global risk is shaken by a pandemic. And yet, that role is not inviolable. With a swell in COVID cases in the US, trade sparks rek…
Stock Market Third Quarter Forecast: Covid Concerns & Fed Policy to Clash
Equity markets endured significant volatility last quarter even as they staged a remarkable recovery, but many of the same themes behind the initial crash exist heading into the third quarter.
Australian Dollar Fundamental Forecast for Q3 2020
A shift in the RBA’s forward guidance should heighten the appeal of the Australian Dollar if the central bank prepares to remove the yield target later this year.