Monday, 9 March 2020

Gold Price Analysis - Drivers Remain Positive But Market Conditions Are Disorderly

The price of gold hit a fresh seven year+ high in weekend/Asia trade just above $1,700/oz. before pulling back. Fundamentals and technicals remain positive for the precious metal but markets may we...

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Crude Oil Price Crash as Saudi Arabia Sparks Oil Price War

Oil prices saw a record drop at the open, plunging as much as 30% after Saudi Arabia sparks an oil price war.

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ECB Could Double Down on TLTROs to Combat Coronavirus Market Meltdown

The financial impact of conronavirus has caused Central Banks arounf the world to induce monetary stimulus, what will the ECB do in its next meeting?

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Global Equity Market Meltdown - FTSE, DAX Crash Into Bear Market Territory

Global equity markets are in freefall and the latest panic sell-offs have taken them into well defined bear market territory. Where to next?

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Gold Prices Struggle to Score Amid Market Rout, Crude Oil Crushed

Gold prices struggled to build higher despite a dramatic collapse across global financial markets. Crude oil prices have nosedived to a four-year low.

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Sunday, 8 March 2020

US Dollar Fundamental Outlook: USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar could be at risk versus the Singapore Dollar, Malaysian Ringgit, Indonesian Rupiah and Philippine Peso if local bond yields continue their rout on the coronavirus outbreak.

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Yen, Euro and Franc Climb on Crude Oil Price Crash, China Data

The Japanese Yen led the way higher while global financial markets swooned as crude oil prices crashed and China published a dismal set of trade statistics.

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Canadian Dollar Sank, Yen May Gain After Dismal Chinese Trade Data

The Canadian Dollar fell with crude oil prices as the Dow Jones extended losses on coronavirus fears. The Japanese Yen may gain as the week starts after dismal Chinese trade news.

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Dow Jones, Oil Wobble on Virus. Gold Prices, Yen Soar. Fiscal Support Eyed

The Dow Jones gave up most upside progress as emergency easing from the Fed and BoC failed to materially soothe investors. Gold prices and the Japanese Yen soared as crude oil suffered. Amid the co...

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Dow Jones & DAX 30 Forecasts for the Week Ahead

Stocks remain threatened as investors continue to pressure risk assets and growth-linked commodities. With an upcoming ECB meeting, will markets be offered yet another lifeline in the week ahead?

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Saturday, 7 March 2020

USD/MXN Outlook: Dollar Pushes Higher as COVID-19 Causes Flight to Safety

The Mexican Peso continues to lose ground against the US Dollar as risk-aversion continues to drive market sentiment.

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Gold Nears Record High as Yields Collapse & Volatility Rages

Gold price action surged toward all-time highs after notching the biggest weekly gain in nearly a decade. Can the precious metal press higher as interest rates implode or will bullion lose its luster?

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Euro Forecast: Will EUR/USD Rise Further in Week Ahead?

The markets are convinced the ECB will cut Eurozone interest rates Thursday but, with rates so low already, that’s unlikely to weaken EUR/USD.

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US Dollar Fundamental Outlook Mired by Bets for More Fed Rate Cuts

Fresh data prints coming out of the US economy may do little to influence the US Dollar outlook amid overwhelming expectations for another Fed rate cut in March.

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Friday, 6 March 2020

Crude Oil Weekly Forecast: Deal or No Deal - Oil Prices Continue to Slump

Oil remains stuck in bear market territory with prices unlikely to make any sort of rebound until OPEC and its allies agree on substantial output cuts

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Australian Dollar at Mercy of COVID-19 as China's Economy Slows

The AUD continues to be held hostage by the coronavirus as it undermines Chinese demand – the source of Australia’s economic vitality – and destabilizes the global recovery.

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Dow Jones, S&P 500 Forecast: Healthcare Stocks Pop After Super Tuesday

The Dow Jones and S&P 500 are trapped in a series of highly volatile trading sessions that has seen stocks falter. Still, political developments bolstered one sector in an otherwise ugly week.

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Canadian Dollar Outlook: USD/CAD at Highs – Breakdown Brewing?

Spot USD/CAD price action is ping-ponging around a critical technical level, which presents breakout or breakdown potential, as forex traders digest conflicting fundamental developments.

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S&P 500 at the Precipice as Coronavirus Uncertainty Permeates Markets

The S&P 500 put in an early week bounce that could not hold, even with the Federal Reserve announcing an emergency rate cut of 50 basis points. Markets are in disarray ahead of the weekend.

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Oil Prices Sink over 7 percent as OPEC Talks Crumble

Oil sinks over 7 percent as OPEC+ members fail to reach production cut agreement of 1.5 million barrels per day

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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...