Tuesday, 27 October 2020

British Pound (GBP) Latest: GBP/USD Still Sliding Lower as Brexit Talks Continue

Brexit talks are still taking place, and there are still hopes of a deal, but no progress is likely before the US elections next Tuesday.

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S&P 500 Index Perched At Key Support as Fiscal Aid Hopes Evaporate

The S&P 500 index is at risk of extending its fall from the monthly high as fiscal aid hopes evaporate and Covid-19 cases surge.

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Monday, 26 October 2020

Crude Oil Prices Fall as Second Viral Wave Dampens Demand Outlook

WTI crude oil prices fell for a second day as a resurgence in coronavirus cases around the globe weighed on the energy demand outlook. EIA’s crude inventory report in focus.

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Dow Jones Pulls Nikkei 225, ASX 200 lower on Alarming Covid-19 Resurgence

The Dow Jones tumbled 2.29% on Monday as a rapid surge in coronavirus cases across the US and Europe dampened growth prospects. The Nikkei 225 and ASX 200 risk a pullback.

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AUD/USD Forecast: Chinese Industrial Profits Flash Global Growth Warning?

The Australian Dollar didn’t appreciate fading Chinese industrial profits as roadblocks risk undermining global growth recovery bets. Will AUD/USD fall on bearish technical cues?

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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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Gold Prices Wilt as Virus Spike Spurs Haven Demand. Biden Leading in Polls

Gold prices may continue to slip if concern about rising Covid-19 cases pushes the haven-linked USD higher amid waning recovery prospects. Biden continues to lead in the polls.

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The Nasdaq 100 is Poised for a Volatile Week as Key Earnings Arrive

The Nasdaq 100 is in a precarious position ahead of a week that is surely one of the most important periods in months with big-tech earnings, GDP and the election on tap.

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USD Price Outlook: US Dollar in the Hot Seat as Election Nears

The US Dollar looks primed for heightened volatility this week as election risk intensifies and key themes like stimulus talks, equity earnings, and COVID-19 restrictions exacerbate uncertainty.

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Gold Price Forecast: XAUUSD Coils Ahead of Next Big Break

Gold prices are approaching three months of digestion following the aggressive bullish backdrop from this summer.

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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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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...