Friday, 8 January 2021

Silver (XAG/USD) Snaps Back From Resistance Post-NFP

Silver prices pull back following this morning’s NFP report

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Stock Market Forecast: Three Stocks to Watch in the Week Ahead

A Democratic controlled White House, Senate and House could spark sectoral rotations in the stock market and a few select stocks could outperform the broader market as a result.

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US Dollar, S&P 500, US Rates Whipsaw After Mixed NFP Report

A weaker than expected NFP headline with job losses at 140k, against expectations of a 71k jobs increase.

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As a New Retail Trader Age Rises, Heed Tales of Past Manias

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

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USD/CAD Price Outlook - Running Into Important Employment Data

USDCAD weakness has been a running theme since mid-March last year and the pair are now nearing levels that may cause concern at the Bank of Canada.

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British Pound (GBP) Latest: Negative Rates and New Lockdown Limit Downside in EUR/GBP

Pound sterling is looking to finish the week a little stronger but faces significant challenges in the short-term

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Thursday, 7 January 2021

S&P 500 Index Climbs To Record Highs Ahead of Non-Farm Payrolls Report

The S&P 500 index seems poised to extend its recent push to fresh record highs ahead of December’s NFP reports, as investors cheer the prospect of further fiscal support.

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Gold Falls as US Political Shift Fuels Reflation Bets, Crude Oil Rally Eases

Gold and oil prices reacted to political developments in the United States, with investors favoring growth-linked assets over gold despite increased inflation odds.

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Nasdaq 100 Rally Inspires Hang Seng, ASX 200 Index to Trade Higher

Wall Street stocks enjoyed a tech-led rally, setting a positive tone for Asia-Pacific markets. A threat from the US to blacklist Alibaba, Tencent and to delist Chinese telecoms may weigh on the Han...

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Australian Dollar Outlook: Strong Greenback Halts AUD/USD Rally

Increased stimulus bets pushed the US Dollar higher after a shift in the U.S. political landscape, putting pressure on the high-flying Australian Dollar

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USD Price Outlook: US Dollar Tracking Yields Higher, NFPs Eyed

The US Dollar strengthened broadly on Thursday with order being restored to Capitol Hill. USD price action could remain volatile owing to swings in Treasury yields and monthly jobs data due.

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Stock Market Forecast: Three Stocks to Watch in the Week Ahead

A Democratic controlled White House, Senate and House could spark sectoral rotations in the stock market and a few select stocks could outperform the broader market as a result.

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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

It’s been a slow first week of the year for the major central banks, and activity is unlikely to get more exciting in the next few days.

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NZD/USD Forecast: RSI Sell Signal Emerges Ahead of US NFP Report

The Relative Strength Index (RSI) indicates a textbook sell signal for NZD/USD as the oscillator quickly falls back from overbought territory.

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Bitcoin (BTC/USD) Bulls Brutal Breakout Shows No Mercy

Bitcoin prices continue to soar as US political tensions fuel rally

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Oil Price Approaches February 2020 High Following OPEC Meeting

The price of oil approach the February 2020 high ($54.66) following the OPEC meeting as US crude output remains at its lowest level since 2018.

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US Dollar Pops Higher on Firmer Rates and Bears Unwinding - US Market Open

USD correcting higher, particularly against JPY as US rates firm. Equities await NFP catalyst.

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Gold Price Outlook - XAUUSD Remains Under Pressure, Bond Yields Rise

Gold slumped $60/oz. yesterday, creating a bearish engulfing candle after the Democrats won the two Georgia run-off elections. Today’s price action remains weak.

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Are Equity Markets Getting Too Far Ahead of Themselves? IBEX 35 Forecast

Equity markets shrug off political unrest in search for higher return amid expected further stimulus

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Euro Latest: EUR/USD Edging Lower, Inflation Remains Weak, Sentiment Subdued

Euro edging lower amid a renewed bid in the greenback. EU inflation remains subdued.

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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...