Markets Week Ahead: Nasdaq 100, US Dollar, GBP, Brexit, Fed, Treasury, Thanksgiving

Rising Covid cases in the US and a squabble between the Treasury and Fed dented market sentiment this past week. The tech-heavy Nasdaq outperformed its index counterparts as longer-dated government...

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

After surging to fresh all-time highs earlier this month, stocks have slipped into consolidation mode as they bounce between technical levels ahead of the next major moves. Here are the levels to w...

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US Dollar May Rise as FOMC Minutes Flag Fed Policy Standstill

The US Dollar may rise as minutes from November’s FOMC meeting cement the Fed in wait-and-see mode, cooling risk appetite even as the yield outlook turns more supportive.

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Sterling (GBP) Outlook Mired by Brexit's Own Groundhog Day

The EU and UK continue their post-Brexit trade talks, stressing that a deal is within reach, but neither side is prepared to move to get a deal over the line. Again.

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Japanese Yen May Rise With Covid Lockdowns Threatening Nikkei 225 Outlook

Japanese Yen momentum may hold ahead amid rising Covid-19 cases locally and abroad, threatening the global growth outlook. USD/JPY appears to be following bond yield spreads again.

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S&P 500 Weighed by Stimulus Uncertainty Amid Virus Resurgence

The S&P 500 index may pull back further due to a lack of stimulus clarity amid rapidly climbing Covid-19 cases. IMF painted an uneven recovery outlook, with more policy action needed.

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Crude Oil Price Outlook Volatile as Covid Clashes with Vaccine Hope

Crude oil price volatility looks set to linger as outlook for the commodity closely tied to GDP growth remains clouded by near-term downside risks undermining COVID-19 vaccine optimism.

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Euro Forecast: EUR/USD Outlook Worsens After EU Recovery Fund Vetoed

With the markets focused on coronavirus vaccines, it was easy to miss news last week that Poland and Hungary have blocked the EU’s recovery fund; another potential negative for the Euro.

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US Dollar Forecast: DXY Index Stuck in Range as Fed-Treasury Fight Goes Public

Will the Fed-Treasury disagreement help or hurt the US Dollar?

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Gold Price Outlook: XAU/USD Still Primed for Higher Ground

Gold prices fell for a second consecutive week as inflation expectations eased after a U.S. political shift. A dispute between the Federal Reserve and Treasury is boosting gold prices, will momentu...

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Gold Breaks Bearish Price Pattern Amid Failure to Test September Low

The price of gold breaks out of the series of lower highs and lows from earlier this week as it stages another failed attempt to test the September low ($1849).

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Central Bank Watch: BOC, RBA, RBNZ Rate Expectations; CAD, AUD, NZD Positioning Update

All three of the commodity currency central banks – the BOC, RBA, and RBNZ – have seen dovish rate cut expectations scaled back significantly in recent weeks.

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DAX Price Outlook: Bullish Pennant May Provide Added Boost

The bullish pennant formation could lead to a bullish continuation if confirmed.

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USDMXN Outlook - Staring at a Fresh Multi-Month Low on Renewed US Dollar Weakness

USDMXN is eyeing a break below 20.00 for the first time since early-March as emerging market currencies continue to nudge higher on growing vaccine optimism.

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Canadian Dollar Forecast: USD/CAD, CAD/JPY Levels to Watch

Directionless trading for USD/CAD, maintaining narrow range. CAD/JPY retraces vaccine spike

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FTSE 100 Struggles to Consolidate Further Upside Momentum on Brexit Concerns

Another setback in Brexit negotiations puts pressure on UK assets

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US Dollar and Japanese Yen May Rise on Fed, Treasury Sniping

The anti-risk US Dollar and Japanese Yen may turn higher as sniping between the US Treasury Department and the Federal Reserve amid rising Covid cases spooks the markets.

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Gold Prices Eye Treasury-Fed Clash, Crude Oil at Risk on Covid Lockdowns

Gold prices reversed losses as yields declined over the Treasury-Fed squabble about unused stimulus funds. Crude oil may be at risk on rising Covid cases that are threatening lockdowns.

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Hang Seng, ASX 200 May Rebound with Dow Jones as Housing Data Beats

Asia-Pacific stocks look set to recover some losses on Friday following a mild tech-led rebound on Wall Street. US existing home sales reached a 15-year high, while initial jobless claims disappoin...

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Japanese Yen Outlook: USD/JPY May Fall to Support as Covid Boosts Haven Bets

Despite the continuing surge in Covid cases and a worse than expected U.S. jobless claims report, Wall Street ended the day higher. USD/JPY reversed an intraday move higher, looking to trendline su...

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