Monday, 26 October 2020

How Will the Election Affect the Stock Market? Dow Jones Forecast

Presidential elections are known to dominate popular culture and news media in the lead up to November, but what does an election do to the stock market?

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USD/JPY Price Action: USDJPY May Rise as Stocks Trade Lower

USD/JPY attempts to claw back last weeks losses with a test of 105.00

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Markets Week Ahead: Dow Jones, US Dollar, Stimulus, GBP, Brexit, EUR, ECB, JPY, BoJ

Global market sentiment remains fragile heading into a busy week. The Dow Jones and US Dollar eye ongoing fiscal stimulus talks as the election nears. GBP/USD remains glued on Brexit negotiations. ...

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South African Rand Dollar Forecast: USD/ZAR Conflicted Ahead of Major Risk Events

USD/ZAR remains below key psychological level ahead of major risk events

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DAX 30 Hits a Three-Month Low as SAP Cuts Earnings and Revenue Outlook

The DAX 30 fell over 2% in early turnover after German software giant SAP abandoned its prior forecasts due to the ongoing hit to demand from the coronavirus.

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British Pound (GBP) Latest - Brexit Talks Continue, Sterling Remains on Edge

Talks between the EU and the UK will continue in London this week, suggesting that a deal may be in the making. Sterling, however, will remain on the back foot until positive news is announced.

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Euro Outlook: Covid-19 Second Wave to Weigh on EUR/JPY, EUR/USD

The growth-sensitive Euro may struggle to move higher ahead of the ECB’s monetary policy meeting on October 29 as rising Covid-19 infections gnaw at regional sentiment.

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How Societal and Economic Crises Impact US Presidential Elections

Many elections have coincided with crises, none more so than the 2020 election. How have social and economic crises impacted elections in the past and present?

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Sunday, 25 October 2020

GBP, AUD, USD Volatility to Swell on Cross-Continental Geopolitical Risks?

The British Pound, Australian Dollar and US Dollar may all experienced heightened periods of volatility as geopolitical risks in North America, Asia and Europe rattle global financial markets.

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Australian Dollar Capped By Resistance Ahead of Q3 Inflation Data

The AUD/USD exchange rate appears to be struggling to overcome key chart resistance ahead of Q3 inflation data as the RBA hints at further easing.

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Dow Jones Futures Fall, Hang Seng Risks Pullback, China Plenum in Focus

Dow Jones futures fell 0.5% on Monday as rising coronavirus cases and related restrictions are souring risk appetite. China’s Party plenum will be held in Beijing this week, with ‘internal circulat...

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US Dollar Still Struggling: USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar may struggle finding momentum as markets remain in limbo until the presidential election. ASEAN currencies eye US GDP data, earnings, Brexit talks and rising Covid-19 cases.

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S&P 500 Recovery in the Works? Biden Leading in Key Swing States

The S&P 500 index may be in the beginning of a recovery as Biden leads in key swing states following the last presidential debate.

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Markets Week Ahead: Dow Jones, US Dollar, Stimulus, GBP, Brexit, EUR, ECB, JPY, BoJ

Global market sentiment remains fragile heading into a busy week. The Dow Jones and US Dollar eye ongoing fiscal stimulus talks as the election nears. GBP/USD remains glued on Brexit negotiations. ...

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US Dollar Torn Between Q3 Corporate Earnings, US GDP Data, Virus Spike

The US Dollar may seesaw as investors navigate what could be a volatile week packed with US GDP data, rising Covid-19 cases, Q3 corporate earnings and more.

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Saturday, 24 October 2020

Sterling Weekly Forecast - Brexit Talks Continue, Is the End Game Near?

Talks between the EU and UK restarted today and will continue over the weekend as negotiators from both sides battle against the clock.

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Nasdaq 100, DAX 30, Nikkei 225 Forecasts Ahead of Big Tech Earnings

Stocks are set to endure a string of data releases with market-moving potential in the week ahead in the form of tech earnings, European GDP and more, even as the US Presidential election clamors f...

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Friday, 23 October 2020

Euro Forecast: ECB Meeting to Determine Next Major Move in EUR/USD

The longer-term EUR/USD outlook will hinge on Thursday’s ECB guidance; any hint of a further easing of Eurozone monetary policy would weaken it, but that is far from guaranteed.

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Gold Forecast: XAU/USD at the Mercy of a Fiscal Stimulus Deal

Gold prices lack broader direction as the precious metal trends sideways amid conflicting fundamental signals largely due to swings in real yields around fiscal stimulus negations.

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Copper Price Forecast: US Q3 GDP and Chinese PMI in Focus

Copper may be set to extend another leg higher if upcoming key economic data points to a positive recovery in China and the United States

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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...