Sterling has opened the week markedly lower after news that the Bank of England is ready to take all steps needed to protect financial stability. The FTSE meanwhile is bouncing back after last week...
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Monday, 2 March 2020
US Dollar, S&P 500 May Fall on US ISM Data After China PMI Miss
The US Dollar may fall against the anti-risk Japanese Yen and Swiss Franc if US ISM data underwhelms and inflames Fed easing expectations after China’s PMI miss sent investors panicking.
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Sunday, 1 March 2020
Gold Prices Rise As Coronavirus Economic Hit Boosts Stimulus Hopes
Gold prices were higher on Monday despite mounting evidence of the contagion’s terrible effects on the Chinese economy as markets believe that central banks are ready to act.
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AUD/USD Rate Rebound Vulnerable to Hints of Looming RBA Rate Cut
The recent rebound in AUD/USD may prove to be short lived if the RBA shows a greater willingness to implement lower interest rates in 2020.
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S&P 500 Outlook Grim, Studies Warn US Stocks to Keep Falling
The S&P 500 may fall amid continued liquidation across global stock markets after last week’s brutal bloodletting, according to technical and sentiment-based studies.
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Silver Prices, NOK Outlook Bearish on Virus, PMI Data, OPEC
Silver prices may fall with the oil-linked Norwegian Krone if fear about COVID-19 continues to haunt markets ahead of a PMI data avalanche and the OPEC meeting in Vienna.
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USD/CAD Rate Outlook Hinges on Bank of Canada (BoC) Forward Guidance
USD/CAD may continue to retrace the decline from the May high (1.3565) if the Bank of Canada (BoC) alters the forward guidance for monetary policy.
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Australian Dollar Hangs on as China Caixin Manufacturing PMI Crumbles
The Australian Dollar market was already braced for terrible news from China's private manufacturing sector after last weekend's awful official figures.
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Dollar May See Haven Demand as USD/SGD, USD/IDR, USD/MYR Rise
The US Dollar outlook remains bullish against the Singapore Dollar, Indonesian Rupiah, Malaysian Ringgit and Philippine Peso as China activity slows to a record on the coronavirus.
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Japanese Yen May Gap Up as AUD/USD Sinks on Record Low China PMI
The Japanese Yen may gap higher at market open as the Australian Dollar sinks after Chinese manufacturing activity shrank by the most on record as coronavirus cases grew outside of the country.
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Dow Jones, Gold Prices Fall as Yen Soars on Virus Fears. Where to Now?
Wall Street saw its worst week since 2008 as coronavirus epidemic fears boosted the Yen. Gold prices struggled as crude oil and the Canadian Dollar declined. Looser credit conditions may be ahead, ...
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Dow Jones and FTSE 100 Forecast for the Week Ahead
Catastrophic losses across global equity markets as the coronavirus hits back with a soaring number of cases outside of China.
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Saturday, 29 February 2020
USD/MXN Outlook: First Two Cases of Coronavirus Confirmed in Mexico
The Mexican Peso came under intense selling pressure as the markets posted their worst week since the financial crisis of 2008.
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Euro Weekly Outlook: Awaiting EU Talks With UK, CPI and Jobs Data
EUR/USD had every reason to fall last week but strengthened instead. That suggests its upward momentum may neutralize fundamental weakness as difficult EU-UK trade talks begin.
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Gold Price Holds Near Yearly High Amid Growing Bets for Fed Rate Cut
The threat posed by the coronavirus may keep the price of gold afloat as the shock to the global supply chain fuels bets for lower interest rates.
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US Dollar Outlook Bullish as COVID-19 Spurs Haven Demand
The US Dollar may rally despite the downward pressure of increasing Fed rate cut bets as the coronavirus resurrects haven demand amid growing fear of a recession.
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Friday, 28 February 2020
Australian Dollar Eyes RBA and GDP But Coronavirus to Dominate
The Australian Dollar faces a packed week of important economic releases, but will even they be enough to shake the market away from the doleful coronavirus headlines?
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Crude Oil Price Outlook: Commodity Falls Deeper into Bear Market
Crude oil fell deeper into a bear market on Friday after suffering a critical break beneath support earlier in the week. With global growth threatened, where is the bottom for crude?
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Gold Prices Suffer Worst Daily Decline Since 2013, Virus Fears Forefront
Gold suffered its worst intraday drop since 2013, dropping over 3.5 percent as coronavirus fears grip markets.
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Stocks Crash as Dow Jones, S&P 500 Erase Months of Gains in Days
Stocks extended their losses on Friday as the Dow Jones and S&P 500 erased months of hard-fought gains in mere days in a rout that is the worst since 2008.
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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....