A plethora of UK data, however, external factors remain the key driver as GBP/USD edges towards 200DMA.
Schlagwort-Archiv: Market
Advisor Virtual Resilience Series – Virtual Advisor Summit
The COVID-19 pandemic has catapulted all financial services professionals, their vendor partners, and their clients into a new virtual operating environment; one that many were not prepared for or adept in.
Nasdaq Dorsey Wright Weekly Analyst Discussion – Review of Major Asset Classes
We discuss a quarterly review of major asset classes and their performance, recent breakouts/movements for the S&P 500 Index, and notable model adjustments heading into the second half of the year
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.
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.
Crude Falls on Coronavirus Resurgence, Rising Inventory
Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services‘ Energy Team.
Daily Markets: Investors Losing Faith in V-Shaped Recovery
Concerns over the coronavirus resurgence in the U.S., which has started to show signs of weighing on businesses, coupled with expected news from Washington that is likely to stoke geopolitical tension, will be the likely market drivers today.