Sunday, 15 August 2021

How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and open the door to violent volatility – and trading opportunities.

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Gold Prices Eyeing 1,785 Resistance as Chinese Data Dent Sentiment



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Australian Dollar Down on Weak China Data. Is AUD/USD Ready to Break Out?

The Australian Dollar continued to move lower immediately after Chinese Retail Sales and Industrial Production numbers came in below expectations. AUD/USD may test range support.

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S&P 500 Hits Record Highs Despite Weaker Data, Chinese Retail Sales in Focus

Wall Street stocks advanced on Friday despite a plunge in US consumer sentiment, according to the University of Michigan. Asia-Pacific markets look set to open mixed with Chinese data in focus.

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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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Japanese Yen Forecast: USD/JPY Eyes Japanese GDP Data to Kick Off APAC Trading

The safe-haven Japanese Yen is in focus as traders watch for Japan's second-quarter GDP figure to cross the wires. Meanwhile, Covid remains front and center after China shut down a shipping terminal.

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Markets Week Ahead: S&P 500, Gold Prices, US Dollar, FOMC Minutes, NZD/USD, RBNZ Rate Hike?

The S&P 500 gained as gold prices recovered from a flash crash early last week. A drop in Treasury yields on Friday sank the US Dollar. Will an RBNZ rate hike further bolster the New Zealand Dollar?

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Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

The Dow Jones and S&P 500 rose as the Nasdaq 100 ranged. Treasury yields seem to be on the rise, with stocks eyeing Fed Chair Jerome Powell, FOMC Minutes and US retail sales data.

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USD/ZAR Outlook: Doubtful South African Rand Centers on FOMC

The rand heads into the week with its focus firmly on local economic data and the upcoming FOMC meeting which could provide near-term directional bias for USD/ZAR.

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Saturday, 14 August 2021

Euro Forecast: EUR/USD Prepares to Break Critical 1.17 Support Level

Stronger GDP growth in the US than the Eurozone this year and an earlier tightening of US monetary policy will likely continue to put downward pressure on EUR/USD, taking it to new 2021 lows.

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Gold Flash Crash Reversed, Fed Gears Up for Taper Signal

Gold breaks key pivot, resistance ahead likely to cap. Fed Officials talk tapering.

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US Dollar Forecast: FOMC Minutes to Detail Tapering Debate

The US Dollar pivoted lower this past week with USD price action weakening broadly on the back of decelerating inflation and plunging consumer sentiment. Will FOMC minutes revive US Dollar bulls?

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Bitcoin (BTC), Ethereum (ETH) Probing Multi-Week Highs, Alt-Coin Surge Continues

Bitcoin is set to print its 4th weekly green candle in a row, the first time this has happened since late January when prices rallied to a fresh all-time high just a few weeks later.

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Friday, 13 August 2021

Australian Dollar Outlook: AUD/USD at Risk of RBA Taper, Chinese Regulations

The Australian Dollar continues to face headwinds from a number of fronts with divergencies in risk assets, RBA/Fed tapering plans and Chinese Crackdowns.

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British Pound (GBP) Weekly Forecast: Will CPI and PPI Continue to Diverge?

GBP ends the week with mixed performance as July jobs, CPI and PPI data will be in focus next week

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AUD/USD Rate Defends August Range Amid Failure to Teste July Low

AUD/USD appears to be stuck in a narrow range following the failed attempt to test the July low (0.7289).

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US Dollar Pullback Accelerates as Consumer Sentiment Plunges

The US Dollar has been trading on its back foot this morning with selling pressure intensifying in the wake of a big miss on consumer sentiment data just released amid mounting delta variant concerns.

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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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Record Breaking Run for EU STOXX, FTSE Rises to Pre-Pandemic Levels

The broader EU STOXX 600 is on track to post gains for a record tenth straight session while the FTSE reaches pre-Covid levels

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S&P 500 (SPX), China Shutdown & Crude Oil – FinTwit Trends to Watch

FinTwit this week: SPX hits all-time highs, China closes key port and crude oil feels the pinch as delta variant concerns persist.

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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...