Tuesday, 13 July 2021

Trading Earnings Season: 3 Steps for Using Earnings Reports

Read on for our 3 steps to follow when using earnings reports for trading.

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Gold Price Fails to Test 200-Day SMA amid Talks of Fed Exit Strategy

The price of gold may continue to trade within the monthly range amid the failed attempts to push back above the 200-Day SMA ($1826).

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US Dollar Rips Higher on Red-Hot Inflation, CPI at 5.4% in June

The US Dollar is surging in the wake of hotter-than-expected inflation data just released with headline CPI hitting 5.4% in June and causing Fed taper fears to intensify.

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South Africa update: USD/ZAR Soars Towards 15.00, SA unrest weighs on the Rand

South African economy falters as unrest, riots and lockdowns weigh on the Rand.

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Earnings Season: JP Morgan and Goldman Sachs Blow Past Estimates

Find out more about JP Morgan and Goldman Sachs Q2 earnings

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Market Sentiment Still Positive Towards Equities and Crude Oil | Webinar

Trader confidence remains high in the stock markets while sentiment in crude oil is recovering and confidence in gold is improving.

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EUR/USD Price Outlook - Risks Remain Tilted to the Downside, US CPI up Next

Any short-term uptick in EUR/USD continues to be met by sellers with the pair looking set to re-test the late March low.

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DAX 30 Outlook: Pulling Back from New All-time High Ahead of US CPI Data

The DAX 30 reaches a new all-time high overnight but is struggling to keep bullish momentum going

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British Pound (GBP) Price Outlook: GBP/USD May Edge Lower Near-Term

GBP has failed to benefit from confirmation that coronavirus restrictions in England will mostly end on July 19, suggesting some modest underlying weakness in the currency.

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US Dollar May Resume Rise as CPI Data Drives Fed Policy Bets

The US Dollar may rise if June’s CPI inflation data tops forecasts, stoking speculation about an accelerated Fed timeline for stimulus withdrawal.

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Monday, 12 July 2021

Crude Oil Forecast: OPEC+ Fallout, Delta Strain Clouding Market Fundamentals

Oil markets face a clouded outlook as the OPEC+ fallout and rising Covid cases across Asia drive uncertainty in energy markets.

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AUD/USD Bounce Continues Following Strong Chinese Trade Data

Chinese trade data wildly surpasses expectations fueled by a massive trade surplus with the US. AUD/USD tests 0.7500.

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Gold Price Forecast: XAU/USD May Be Vulnerable to a Higher US CPI Print

Gold prices could be at risk to a higher-than-expected US CPI report that brings forward Fed monetary policy tapering expectations. What are key XAU/USD technical levels to watch?

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Nasdaq 100 at Record High on Earnings Optimism, Nikkei 225 Trades Higher

The Nasdaq 100 closed at an all-time high as traders anticipated a stellar earnings season ahead. US core inflation and Chinese trade balance data are in focus today.

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Australian Dollar Forecast: Chinese Trade Data Eyed as Covid Wave Worsens

The Australian Dollar remains near its yearly lows as Covid cases increase in Australia, prompting extended lockdown concerns. China is set to report its June trade balance.

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US Dollar Forecast: USD/JPY In Focus as Inflation Data Looms

USD/JPY price action, along with the broader US Dollar Index, will likely be front and center during Tuesday's trading session with inflation data due. How might the CPI report impact markets?

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Mexican Peso Outlook: Summer Doldrums Keep USD/MXN Muted as Traders Eye US CPI data

USD/MXN starts the week directionless, oscillating between small gains and losses as traders await U.S. inflation data on Tuesday.

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Wall Street Earnings Season Has Arrived, Here is What to Look For

Wall Street starts a busy earnings period led by big banks, as key economic data and testimony from Jerome Powell also fills out the calendar.

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NZD/USD Rate Rebound Emerges Following Test of June Low

NZD/USD bounces back after testing the June low (0.6923), with the RBNZ widely expected to keep the official cash rate (OCR) at the record low of 0.25%.

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FX Week Ahead - Top 5 Events: UK & US Inflation Rates; BOC & RBNZ Rate Decisions; Australian Jobs Report

It’s the most important week of the month.

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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...