Monday, 12 July 2021

The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

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Gold Price Forecast: Gold Gears Up for Big Test with Inflation, Powell

Gold prices put in their worst month in over four years in June, and tomorrow brings inflation data with Powell speaking later in the week. Buckle up.

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USD/CAD to Face BoC Rate Decision, Monetary Policy Report (MPR)

USD/CAD may face range bound conditions ahead of the BoC interest rate decision as the central bank is slated to update its quarterly Monetary Policy Report (MPR).

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South African Rand Dollar Forecast: USD/ZAR Gains as Protests and Lockdowns Overshadow Muted Dollar

South Africa extends level 4 lockdown restrictions, violent protests intensify as economic outlook worsens

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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FTSE 100 Outlook: Softer Commodity Prices Weigh on the UK Index

Softer commodity prices have contributed to a slower start to the week for the UK index as traders look to UK inflation data on Wednesday

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British Pound Outlook: GBP/USD Treads Water, EUR/GBP Slips Lower on ECB Rethink

Sterling trades flat against the US dollar in early turnover but has picked up against the Euro after the ECB said it may change its policy in July.

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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Sunday, 11 July 2021

Crude Oil Prices Eye $75 as Delta Variant Threatens Growth Outlook

WTI crude oil prices are hovering below the $75/bbl mark as markets weigh the impact of the Delta variant on global energy demand. OPEC+ disputes feed into supply uncertainty. China’s GDP figure is...

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What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.

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Gold Prices Retreat as Yields Rise, US Inflation and Powell Speech in Focus

Gold prices fell as the US Dollar and Treasury yields gained. The emerging Delta variant and China’s RRR cut hinted at slowing growth momentum and the need for further stimulus.

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US Dollar Outlook: Delta Covid Cases Inducing Risk Aversion. THB, PHP, IDR Wobble

The US Dollar may extend gains against ASEAN currencies like the Thai Baht, Philippine Peso and Indonesian Rupiah amid surging Covid cases amid the Delta variant. US CPI is also eyed.

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S&P 500 Hits Fresh Record, Will China's RRR Cut Boost Hang Seng?

Wall Street stocks closed at record highs as investors shrugged off viral concerns and focused on the earnings season. The PBoC cut RRR by 50bps for all banks on Friday, surprising investors.

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AUD/USD at Risk Amid Less-Dovish Fed, PBOC Normalization, Australia-China Tensions: Q3 Top Trading Opportunities

The Australian Dollar may struggle in the third quarter amid a combination of a less-dovish Federal Reserve and potentially consequential knock-on economic impacts from China.

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New Zealand Dollar Forecast: NZD/USD Balancing Covid Risks as RBNZ Approaches

The New Zealand Dollar is off to an upbeat start against the US Dollar after a down week. Rising Covid cases in Australia and the RBNZ meeting later this week are likely to influence price action.

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Markets Week Ahead: USD/JPY, Euro, Dow, Oil, BoC, RBNZ, Inflation, Earnings

Markets experienced some turbulence last week as freefalling bond yields concerned investors and fueled an unwind of the reflation trade. Will volatility continue in the week ahead?

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S&P 500 and FTSE 100 Forecasts for the Week Ahead

Fresh record highs for the S&P 500 as falling bond yields prompt growth stocks to outperform. FTSE 100 consolidates.

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Saturday, 10 July 2021

Gold Forecast: Depressed Real Yields and Delta Variant Worries May Boost Bullion Prices

Gold prices may have some short-term upside potential, supported by depressed real yields in the U.S., concerns about the Covid-19 delta variant and China's slowing economy.

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Canadian Dollar Forecast: USD/CAD, CAD/JPY Due for Volatility

Canadian Dollar price action looks ripe for volatility this coming week with USD/CAD and CAD/JPY hinging on event risk posed by the BoC rate decision, BoJ update, US inflation data, and OPEC+ talks.

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Weekly Fundamental US Dollar Forecast: Will Hot Inflation Spark US Yields Again?

The US Dollar (via the DXY Index) has dropped back as the calendar moved into mid-July on the back of declining Fed rate hike expectations and collapsing US Treasury yields.

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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...