The recent rise in nominal and real yields driven by hawkish central bank monetary policy could keep gold prices biased to the downside heading into the third quarter.
Schlagwort-Archiv: Market
Euro Technical Forecast: Bullish Drivers Diminish
The euro is showing signs of weakness heading into Q3 – key levels identified and analysed
Australian Dollar Q3 Technical Forecast: Ranges Holding for Now
A feature of many asset classes in 2023 has been a range trading type of environment and AUD/USD is an example of this. At the half-way point of the year, the Aussie Dollar is yet to get anywhere near testing the 2022 high or low at 0.7660 and 0.6170 respectively.
Bitcoin Q3 Fundamental Forecast: Still Standing After Regulatory Woes and Higher Rates
Bitcoin’s resilience bodes well for Upside in Q3 as skyrocketing interest rates and regulatory headwinds fail to bring about a selloff
The British Pound Q3 Fundamental Outlook – Rates and Recession
The Bank of England is trying to balance future interest rate hikes against a possible recession
Australian Dollar Outlook: US Dollar in Play as Local Bond Yields Invert
The Australian Dollar capitulated last week as the US Dollar regained the upper hand with the Fed talking up more hikes while Aussie bond markets see clouds ahead. Lower AUD/USD?
Gold Weekly Forecast: Bearish Breakout May be Limited as Recession Fears Grow
Gold staged an attempted recovery on Friday as recessionary fears were reignited. Is the current selloff a precursor for the next bullish rally?
S&P 500, Nasdaq Forecast: Fed Testimony Gets Markets Back Onside
Fed Chair Jerome Powell reiterated the Feds hawkish stance on rates during his two-day testimony before congress. Finally, markets listened
US Dollar Week Ahead: USD Looks for Cues from PCE Data
The US dollar could remain in a range ahead of the key US PCE price index data due Friday. Will the Fed’s preferred inflation gauge could move the needle for markets, which are not convinced that the Fed can hike twice more this year?
British Pound (GBP) Week Ahead: A Bruising Week For Sterling
The British Pound is ending the week in the red despite the Bank of England hiking rates by 50bps. Fears of an impending recession are stalking the Pound.