Sunday, 24 May 2020

S&P 500, Nasdaq 100, DAX 30 Forecast for the Week Ahead

The S&P 500 and Nasdaq will look for developments in US-China tensions while the DAX 30 awaits a string of regional data. Possible coronavirus vaccines may also influence sentiment in the week ahead.

from DailyFX - Market News https://ift.tt/3e8u4E2
via IFTTT

Saturday, 23 May 2020

USD/MXN Outlook: Downside Pressure Continues as Investors Cheer Drug Hopes

The possibility of a Covid-19 cure by year end keeps market sentiment high despite ongoing political tensions

from DailyFX - Market News https://ift.tt/2AXvtPB
via IFTTT

Euro Forecast: EUR/USD Outlook Lifted Long-Term by Recovery Fund Plan

The long-term outlook for the Euro has been boosted significantly by a Franco-German proposal for a €500 billion coronavirus Recovery Fund, even though an agreement is not yet close.

from DailyFX - Market News https://ift.tt/2WXeJkb
via IFTTT

Gold Price Outlook Bearish on GDP Data, US-China Tension and Covid-19

Gold prices may face heightened liquidation pressure as US-China tensions over Hong Kong heat up ahead of US GDP data amid the coronavirus pandemic.

from DailyFX - Market News https://ift.tt/3bYo4wj
via IFTTT

Friday, 22 May 2020

US Dollar Outlook: US-China Tensions Complicate Virus Recovery Bets

The US Dollar mayfind some strength if tensions between the US and China keep rising, adding an extra layer of uncertainty to the global economic outlook amid the coronavirus outbreak.

from DailyFX - Market News https://ift.tt/2Tvm8Fa
via IFTTT

How to Invest During a Recession: Investments & Strategy

Economic recessions are often accompanied by stock market crashes and extended periods of low returns. Here are some of the best investments to hold during a recession.

from DailyFX - Market News https://ift.tt/3e8ypqT
via IFTTT

Australian Dollar Faces Data Drought, RBA Silent so Covid Will Drive

The Australian Dollar market is headed for a bare domestic data cupboard which will once again leave overall market risk appetite in charge. This may well mean it remains stuck in its current range.

from DailyFX - Market News https://ift.tt/3cR7ZcW
via IFTTT

IBEX 35 Price Sluggish, Spain Stock Index Lags Euro Area Peers

The IBEX 35 index continues to lag its Euro Area peers, and bears nor bulls have set a decisive trend as recent price action remains rangebound

from DailyFX - Market News https://ift.tt/2zoLIEN
via IFTTT

US Dollar Boosted, S&P 500 Threatened by Renewed China Tension

The US Dollar rebounds while the S&P 500 Index gives back gains as market sentiment shows signs of deteriorating due to a re-escalation in trade uncertainty and tension with China.

from DailyFX - Market News https://ift.tt/2ZvCSQi
via IFTTT

FTSE 100 Drops on China Tensions, GBP/USD Breakdown - US Market Open

US-China tensions in focus as risk appetite weakens. Chinese Yuan key to currency volatility.

from DailyFX - Market News https://ift.tt/2WSa96w
via IFTTT

Gold Outlook Brightens as Politics Turn Risk Sentiment Sour

Gold is making a fresh attempt to move higher as the outlook for riskier assets turns negative.

from DailyFX - Market News https://ift.tt/3bUMs1M
via IFTTT

British Pound (GBP) Latest: GBP/USD Risks Remain to the Downside on Latest BoE Talk, UK Sales Data

Bank of England deputy governor Dave Ramsden, speaking to Reuters, said that while the fall in UK Q2 GDP may not be as bad as first thought, the recover may take longer than previously expected.

from DailyFX - Market News https://ift.tt/3c0Jx7X
via IFTTT

Australian Dollar Forecast: Key AUD/USD Levels to Watch For the Week Ahead

As risk sentiment takes a turn lower, high-beta currencies such as the Australian Dollar are among the underperformers.

from DailyFX - Market News https://ift.tt/2XltVXe
via IFTTT

Thursday, 21 May 2020

Euro Eyes ECB Minutes as GBP Braces for Brexit Woes Ahead

Euro traders will be closely watching the release of the ECB meeting minutes amid tension with the German high court. GBP is feeling the pain of Brexit as transition extension deadlines nears.

from DailyFX - Market News https://ift.tt/2AUQAlL
via IFTTT

Crude Oil Prices Slip With Stocks. China Plans Tighter Grip on Hong Kong

Crude oil prices made initial gains on reports that lockdown rollbacks had indeed increased demand. However Hong Kong stocks’ plunge on proposed tighter control from Beijing saw those gains pared.

from DailyFX - Market News https://ift.tt/3bVA0Pj
via IFTTT

US Dollar Boosted, S&P 500 Threatened by Renewed China Tension

The US Dollar rebounds while the S&P 500 Index gives back gains as market sentiment shows signs of deteriorating due to a re-escalation in trade uncertainty and tension with China.

from DailyFX - Market News https://ift.tt/3cWTpRo
via IFTTT

Gold Price Consolidation to Linger as RSI Flops Ahead of Overbought Zone

The price of gold may consolidate over the remainder of the month as the Relative Strength Index (RSI) appears to have flopped ahead of overbought territory.

from DailyFX - Market News https://ift.tt/3e6ao3J
via IFTTT

Australian Dollar at Tipping Point as US-China Tensions Heat Up?

The Australian Dollar struggled at resistance after US-China tensions sent the Dow Jones and S&P 500 lower over the past 24 hours. This also benefited the haven-linked US Dollar.

from DailyFX - Market News https://ift.tt/3e9qdqe
via IFTTT

DAX 30 & CAC 40 Price Outlook: Euro Unity Bolsters Regional Equities

Recent news of a unified response to the coronavirus via federalized debt has shown commitment to the single-currency project which saw European stocks leap higher alongside the Euro.

from DailyFX - Market News https://ift.tt/2TsA6Yk
via IFTTT

IBEX 35 Price Sluggish, Spain Stock Index Lags Euro Area Peers

The IBEX 35 index continues to lag its Euro Area peers, and bears nor bulls have set a decisive trend as recent price action remains rangebound

from DailyFX - Market News https://ift.tt/3bRcDXg
via IFTTT

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...