Wednesday, 9 June 2021

S&P 500 Index Retreats Before US Inflation Data, APAC Stocks Open Mixed

The S&P 500 index is hovering near record highs as investors await US inflation data. Bitcoin rallied 11%. Asia Pacific markets traded higher at open

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Natural Gas Forecast: EIA Storage Report in Focus After Bullish Export Outlook

Natural gas spot prices have been on the rise, recapturing a key trendline, following the EIA's Short-Term Energy Outlook. Where can prices head from here?

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Nasdaq 100 Price Forecast for the Week Ahead

The Nasdaq 100 awaits an update on the domestic inflation situation as seasonal headwinds weigh on price action. A data surprise could revive volatility.

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Chinese Yuan Strengthens Versus US Dollar as New Yuan Loans, US Inflation Data Linger

The Chinese Yuan gained versus the US Dollar following a hotter-than-expected PPI print ahead of credit growth figures. Wall Street moved lower ahead of tomorrow's US CPI figures.

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British Pound Technical Analysis: GBP/AUD, GBP/CAD, GBP/NZD Rates

The Sterling-commodity currency crosses remain rangebound.

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Gold Price Chart Posts Bullish "Golden Cross" Formation, Will it Rally?

Gold posted a bullish technical pattern that could hint a continuation higher is in the works. That said, bulls will still need to negotiate the upcoming Fed meeting and overhead resistance.

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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ESG Investing: How COVID-19 Has Augmented its Relevance in Financial Markets

Incorporating sustainability into investment portfolios has increased with the advent of ESG investing opportunities. COVID-19 has bolstered this trend, which will likely continue into the future.

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Mexican Peso Outlook Improves amid Receding Political Risks, but Caution is Warranted

Dissipating political risks in Mexico and the improving economic backdrop could support the Mexican peso in the short term, but the Fed normalization process continues to be a threat.

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Bank of Canada Holds Rates Flat - USD/CAD Bounces

The Bank of Canada held rates flat this morning while keeping QE purchases to C$3 Billion/month.

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Trading the Next Black Swan, War in Eastern Europe

Concerns are growing that the ongoing Russo-Ukrainian War could escalate in the near future, a development that could affect the current risk paradigm in the global financial markets.

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Canadian Dollar Price Latest - BoC Outlook, US CPI May Break the USD/CAD Trading Range

The Bank of Canada (BoC) policy decision hits the screens later today and USD/CAD traders need to be alert for a possible range break

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Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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Euro Outlook: EUR/USD, EUR/GBP Focus on ECB, US CPI and Brexit Battle

After a quiet start to the week euro traders are likely to pay attention to key events in the coming days

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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British Pound (GBP) Price Outlook: GBP/USD Up Modestly as Haldane Hints at Tapering

The outlook for GBP/USD has improved marginally after comments by Bank of England Chief Economist Andy Haldane hinting at a reduction in UK monetary stimulus.

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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Tuesday, 8 June 2021

Gold Prices Eye $1900 as Chinese PPI Beat Signals Building Price Pressures

Gold prices edged slightly higher as Chinese PPI surged to the highest level since 2008, hinting at further price pressures. Traders are eyeing the $1,900 mark ahead of Thursday’s US inflation data.

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Three Women Leaders Changing Finance, Economics and Business

To mark International Women’s Day on March 8, we are highlighting three women leaders who are steering financial, economic and business organizations through unprecedented change.

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Crude Oil Forecast: EIA Inventory Stocks In Focus Following Bullish API Print

Crude oil broke above the 70 handle, with energy traders focused on Wednesday's EIA inventory figures following a bullish draw in Tuesday's API numbers.

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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...