DAX 30 Breaks 12-Week Uptrend As COVID-19 Fears Spook Markets

Risk appetite all but evaporated in Asia-Pacific trade as a surge in COVID-19 cases in China spooked market participants. Germany’s DAX stock index may continue to fall.

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Gold Price Holds Near June High Ahead of Fed Chairman Powell Testimony

The price of gold trades near the monthly high ($1746) as Federal Reserve Chairman Jerome Powell prepares to testify in front of Congress.

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USD Eyeing Powell. Crude Oil, Euro Brace for Key OPEC & EU Meetings

USD, crude oil and the Euro may all be at the mercy of political risks this week from Powell’s testimonies, discussions within OPEC about supply cuts and an EU summit on an EUR750b aid package.

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NZD/USD RSI Sell Signal in Focus Despite Forecast for V-Shape Recovery

The RSI may highlight a potential shift in NZD/USD behavior as the oscillator offers a sell signal and appears to be on track to threaten the bullish formation from March.

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US Dollar May Rise with Volatility: USD/SGD, USD/MYR, USD/IDR, USD/PHP

The US Dollar may be readying for a comeback against ASEAN currencies like the Singapore Dollar and Malaysian Ringgit as volatility risk rises. The IDR faces the Bank of Indonesia.

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Nikkei 225 and ASX 200 Break Uptrends, HSI Reverses At Resistance

The return of risk aversion has seen the ASX 200 and Nikkei 225 slice through their respective 12-week uptrends, as Hong Kong's Hang Seng Index falls just shy of the 200-day moving average.

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AUD May Suffer vs USD Ahead of Chinese Industrial & Retail Sales Data

The Australian Dollar may extend its decline versus the anti-risk US Dollar and Japanese Yen ahead of the release of Chinese industrial and retail sales data.

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Markets Week Ahead: US Dollar, Dow Jones, Gold Prices and Volatility Risk

Is volatility risk on the rise and will the US Dollar continue recovering lost ground after the Dow Jones and S&P 500 declined? A plethora of central bank rate decisions will cross the wires next w...

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S&P 500 and FTSE 100 Forecasts for the Week Ahead

Global equity markets face a reality check as second wave concerns linger. Central banks in focus.

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US Dollar Outlook: Will Fed Spook Investors Again? S&P 500 Eyed

The US Dollar remains glued to the Dow Jones and S&P 500. All eyes turn to local retail sales, Fed Chair Jerome Powell, creeping virus cases and the central bank’s balance sheet.

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USD/MXN Outlook: Risk-On Recovers Swiftly but Road Ahead is Bumpy

Thursday’s selloff mania has caused a dent in the Peso’s post-covid recovery but buyer support is still abundant

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Euro Forecast: Outlook for EUR/USD Still Positive, Focus on Recovery Fund

The key event for Euro traders to watch out for in the coming week is Friday’s European Council video conference, called to discuss an EU recovery fund and the EU budget.

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Gold Prices May Fall as Virus Cases Rise With Risks of Staggered Reopening

Gold prices may turn lower if sentiment sours and US equity markets plunge amid growing concerns of rising Covid-19 cases and the prospect of a delayed reopening of the economy.

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US Dollar Outlook: Will Fed Spook Investors Again? S&P 500 Eyed

The US Dollar remains glued to the Dow Jones and S&P 500. All eyes turn to local retail sales, Fed Chair Jerome Powell, creeping virus cases and the central bank’s balance sheet.

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Oil Price Recovery to Linger as US Crude Output Continues to Contract

The ongoing contraction in US production may keep the price of oil afloat as crude output narrows for ten consecutive weeks.

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US Dollar, Gold, Crude Oil in Focus with Volatility on the Rise

As volatility skyrockets over the last two trading sessions, the US Dollar and gold climb while stock market benchmarks and crude oil prices experience heavy selling pressure.

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US Dollar Ticks Higher on Upbeat Consumer Sentiment

The US Dollar shifted slightly higher this morning as the University of Michigan consumer sentiment data crossed the wires showing a more upbeat figure than the previous month and beating expectations

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Post-Brexit Trade Talks Latest - EU and UK Upping the Ante on Trade Negotiations

UK PM Boris Johnson and EU Commission President Ursula von der Leyen will speak on Monday in the latest attempt to breathe some life back into the ailing EU/UK trade talks.

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USD, S&P 500 & More – Charts For Next Week

The Dollar may have found a low while the S&P 500 may have found a high for a while; the next few days could go a long way towards helping confirm these views.

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Crude Oil Prices May Bounce But Chart Warns a Top is Forming

Crude oil prices may bounce amid risk appetite recovery but technical positioning continues to warn that a top is taking shape.

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