Gold Price Analysis: XAU/USD Gains May Not Last on Possible CPI Overreaction

Gold prices rose overnight after a weaker-than-expected US CPI figures crossed the wires. However, bets that the weak CPI is delaying balance sheet tapering may be overdone.

from DailyFX - Market News https://ift.tt/2XlxkbZ
via IFTTT

Australian Dollar Touches Session Lows on China Data Miss. Will AUD/USD Fall More?

The Australian Dollar touched session lows as Chinese retail sales and industrial production missed estimates. Will the AUD/USD fall more from here?

from DailyFX - Market News https://ift.tt/2VFyxdO
via IFTTT

Natural Gas Analysis: Price Continues to Soar as Nicholas Slams the Gulf

Natural gas prices continued their unprecedented move higher as production took additional hits with the arrival of Hurricane Nicholas.

from DailyFX - Market News https://ift.tt/3nwQiHI
via IFTTT

AUD/USD Sinks Alongside Dow Jones as Sentiment Sours, Chinese Data Eyed

The risk-sensitive Australian Dollar broke down overnight as broader market sentiment soured, dragging US stocks and Treasury yields lower. Chinese economic data is in focus as APAC trading kicks off.

from DailyFX - Market News https://ift.tt/3nvV5t9
via IFTTT

Euro Stoxx 50 & IBEX 35 Outlook: European Stocks Mixed Following US CPI Print

European indices were mixed on Tuesday as traders focused on the US CPI print. Fears over tightening from the ECB weighed on sentiment.

from DailyFX - Market News https://ift.tt/3k9o5Vi
via IFTTT

EUR/USD Snaps Monthly Opening Range After Failing to Clear July High

EUR/USD appears to have reversed course after failing to clear the July high (1.1909) as it snaps the opening range for September.

from DailyFX - Market News https://ift.tt/3Cb7Z3J
via IFTTT

Mexican Peso Retains Positive Outlook, but Near-Term Weakness Cannot Be Ruled Out

Easing inflation in the U.S. could lead the Fed to be more patient before tapering stimulus, an outcome that could weigh on the dollar and boost EMFX such as the Mexican peso in the medium term.

from DailyFX - Market News https://ift.tt/2Xk9r4x
via IFTTT

Bitcoin (BTC/USD) Forecast: Bitcoin Extends Gains Post-US CPI

Bitcoin (BTC) prices reclaim $46,000 after US CPI comes in below expectations, easing short-term speculation around Fed tapering.

from DailyFX - Market News https://ift.tt/2VHh30N
via IFTTT

S&P 500, Nasdaq, Dow Jones: Tighten After CPI, Focus on September FOMC

The Nasdaq 100 has bullish breakout potential while the Dow Jones is showing a possible downside breakout. The S&P 500 is stuck in the middle, focus is on for next week's FOMC.

from DailyFX - Market News https://ift.tt/3hvX111
via IFTTT

USD/JPY to Trade in August as US Treasury Yields Remain Afloat

The weakness in USD/JPY following the US CPI report may end up being short lived as longer-dated US Treasury yields remain afloat.

from DailyFX - Market News https://ift.tt/3zbhuhi
via IFTTT

US Dollar Drops, Gold Bounce Back on US CPI Dip

USD drops, Gold positive as US CPI dips

from DailyFX - Market News https://ift.tt/3htQuDK
via IFTTT

Market Sentiment Wobbles But Selling Stocks Only For The Brave | Webinar

Trader confidence has lessened, and some traders are now looking for safe havens, but despite the falls in US stock indexes it is far too early to assume they have peaked.

from DailyFX - Market News https://ift.tt/2VDhPf4
via IFTTT

Brent Crude Outlook: Higher Oil Prices, Hurricane Nicholas & OPEC Revises Demand Forecast

Crude oil reaches a 6-week high as Hurricane Nicholas compounds Gulf Coast production woes left by Hurricane Ida.

from DailyFX - Market News https://ift.tt/3EeWMRE
via IFTTT

EUR/USD Setup: How to Trade the US CPI Release

Three scenarios to trade EUR/USD ahead of the US CPI release

from DailyFX - Market News https://ift.tt/3nxraRg
via IFTTT

The CPI and Forex: How CPI Data Affects Currency Prices

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

from DailyFX - Market News https://ift.tt/3zaxAbg
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD Benefiting From UK Jobs Data

GBP/USD is edging higher for a second day after the latest UK labor-market report showed a record rise in job vacancies, above one million for the first time since records began.

from DailyFX - Market News https://ift.tt/392Yg39
via IFTTT

Australian Dollar Sinks on RBA Outlook, Crude Oil Gains on Storm Upgrade. Markets Eye US CPI.

AUD/USD fell on RBA comments while energy markets moved higher on Hurricane Nicholas. Equities and rates are sidelined, awaiting US CPI.

from DailyFX - Market News https://ift.tt/3tDOJsE
via IFTTT

Gold Prices May Drop as US CPI Drives Fed Outlook Speculation

Gold prices may fall if higher-than-expected August US CPI data stokes bets on a relatively hawkish outing at next week’s FOMC monetary policy announcement.

from DailyFX - Market News https://ift.tt/3z3ZKol
via IFTTT

Stock Market Holiday Calendar 2020/21

What holiday-related events impact the stock market? Find out in our annual holiday calendar.

from DailyFX - Market News https://ift.tt/3q2cFE0
via IFTTT

Crude Oil, Uranium Forecast: Prices Rise on OPEC Report, Wall Street Bets Mentions

Crude and Brent oil are on track to extend higher as Gulf Coast supply disruptions and a positive OPEC report bolster sentiment. Uranium is on a massive surge, aided by the famous Wall Street Bets ...

from DailyFX - Market News https://ift.tt/3k6Codb
via IFTTT