Sunday, 1 November 2020

S&P 500 Stares into Abyss as Equity Selloff Deepens Ahead of US Election

The S&P 500 may extend its decline as rising coronavirus cases drag equity markets lower ahead of the highly-anticipated and controversial US presidential election.

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Gold Price Outlook: Election Uncertainty to Weigh on Precious Metals

Gold prices are at risk of further losses as President Donald Trump claws back lost ground against his Democratic challenger Joe Biden in the national polls.

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US Dollar May Rise on Election Risk: USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar may rise against ASEAN currencies as the presidential election risks inducing volatility. USD/MYR is eyeing the Bank of Malaysia, USD/IDR to Indonesian GDP.

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Dow Jones, Hang Seng Weekly Forecast: US Election and FOMC in Focus

Asia Pacific stocks may look for a rebound after two weeks of heavy selloff. Traders embrace a week full of event risks, including the US presidential election, FOMC meeting and nonfarm payroll data.

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AUD/USD on Edge of Key Support Less Than 2 Days Before US Election

AUD/USD has been trading near critical support, though it has been reluctant to break lower. Are traders waiting for the outcome of the US presidential election?

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Markets Week Ahead: Nasdaq 100, Gold, US Dollar, Crude Oil, All Eyes on Election

US stocks suffered their worst week in over 7 months as the Nasdaq 100, Dow Jones sank. Gold prices fell as the liquid US Dollar rose. The US Presidential Election and rising Covid-19 cases are lik...

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Nasdaq 100, Dow Jones, DAX 30 Forecasts for the Week Ahead

Stocks capped off their worst month since March and run the risk of suffering further losses after multiple levels of support were breached. Where are stocks headed in the week ahead?

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Saturday, 31 October 2020

Mexican Peso Fundamental Forecast: Election Outcome to Determine Momentum

As the run up to election day comes to an end, USD/MXN looks for any clues on risk appetite

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Euro Forecast: EUR/USD Outlook Bleak if 1.16 Support Breaks

A steep fall in EUR/USD is on the cards if strong support at 1.16 breaks after last week’s strong hint by the ECB that it’s planning still more stimulus for the Eurozone economy in December.

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Gold Price Forecast - The Calm Before the US Election Storm

Gold is likely to get buffeted next week as investors watch the US presidential election voting out-turns.

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US Dollar Outlook Hinges on Presidential Election, Covid-19, FOMC

A significant rise in coronavirus infections and US presidential election jitters may buoy the haven-associated US Dollar ahead of the FOMC interest rate decision.

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Friday, 30 October 2020

Crude Oil Volatility to Surge on FOMC Decision, US Presidential Election?

Sentiment-sensitive crude oil prices may have a volatile week ahead of the highly-anticipated US presidential election and the FOMC rate decision.

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AUD/USD Breaks September Low Ahead of RBA, Fed Rate Decisions

The future implications of the US election may influence AUD/USD following the RBA and Fed rate decisions as Congress struggles to pass another round of fiscal stimulus.

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GBP/USD Weekly Forecast: US Election the Main Risk, BoE to Boost QE

USD awakens, placing GBP/USD on the backfoot, while EUR/GBP cracks 0.90.

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Gold Price Reverses Ahead of September Low with US Election on Tap

The price of gold may trade within a defined range ahead of the US Presidential Election as it reverses ahead of the September low ($1849).

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How Will Markets React to the 2020 US Presidential Election?

A second term of Trump or a first term of Biden could have significantly divergent outcomes for the U.S. economy and global financial markets.

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EUR/USD Latest: Euro Area Growth Exceeds Forecast, Euro Looks Past Data

Euro Area Q3 growth exceeds expectations, however, Euro looks past data with Q4 momentum slowing dramatically.

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South African Rand outlook: Global Sentiment Continues to Govern ZAR

Central fundamental factors will dictate Rand price action over the coming weeks. Will this continue to aid ZAR strength or will local economic conditions come to light?

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VIX Index: US Election Uncertainty to Drive Market Volatility

The VIX Index tends to rise as the US presidential election approaches as investors hedge against potential downside risk that can arise from such a turbulent event.

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Brexit Talks Continue, FTSE Makes a Fresh 6-Month Low, GBP/USD Stable

The FTSE 100 has just printed a fresh 6-month low on heightened Covid-19 fears as more regions go into lockdown.

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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...