Monday, 25 October 2021

Oil Price Outlook: US Crude (WTI) Oil, COP26 & the Energy Crisis

Coal and gas shortages continue to support the bullish trend as the battle between energy prices and climate persists

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FX Week Ahead - Top 5 Events: Australia CPI; BOC, BOJ, ECB Rate Decisions; US GDP

The end of October brings forth several central bank rate decisions and initial 3Q’21 GDP releases from G10 economies.

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AUD/USD Rate Recovery to Face Slowdown in Australia CPI

The update to Australia’s CPI may do little to derail the rebound in AUD/USD as the report is anticipated to reinforce expectations for a transitory rise in inflation.

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Tesla Stock up Nearly 11% After Hertz Order of 100,000 Cars

Tesla and Hertz Corporation announced a ground breaking deal Monday, pushing the EV market into the previously untapped rental space.

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S&P 500, Nasdaq, Tesla & USD Forecasts: A Big Week for Markets

It's a huge week for markets, and next week brings the Fed's expected tapering announcement.

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USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision

The Bank of Canada (BoC) interest rate decision may influence the near-term outlook for USD/CAD if the central bank alters the course for monetary policy.

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Why COP26 Matters for Markets

Against the backdrop of rising energy prices leading to economic fallout for economies in Asia, Europe, and North America, COP26 is set to begin on October 31.

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DAX 40, S&P 500 Technical Forecasts: Bullish Momentum Builds

Strong earnings and upbeat market mood are helping global stocks regain bullish momentum

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Gold Price Rally May Have More to Go in The Short-Term

The short-term outlook for gold is looking more positive with last Friday's spike high coming under threat, but strong resistance nears.

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US Dollar Price Action Set-Up: EUR/USD, GBP/USD, USD/CAD

USD challenging support. Euro gains curbed at former YTD. GBP eyes BoE Speech.

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Crude Oil Jumps Up as US Dollar Weakens and Powell Alters Course. Can Oil Go Higher?

WTI and Brent crude oil both hit lofty levels today as inflation is acknowledged as being more persistent than previously thought. Will crude continue higher?

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Sunday, 24 October 2021

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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US Dollar Forecast: Turning Point Reached? USD/SGD, USD/THB, USD/IDR, USD/PHP

The US Dollar might be stabilizing against ASEAN currencies as inflationary woes resurface ahead of GDP and PCE data. Amazon, Apple and Facebook earnings may also drive sentiment ahead.

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Weekly Fundamental Gold Price Forecast: Rising Inflation Expectations Buoy Bullion

Gold prices’ recent gains have come on the back of rising inflation expectations outpacing bond yields.

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Markets Week Ahead: Nasdaq 100, Tech Earnings, Euro, ECB, Canadian Dollar, BoC, Yen, BoJ

Despite jitters on Friday, the Nasdaq 100, S&P 500 and Dow Jones finished higher last week. Highly-anticipated tech earnings are ahead, including those from Amazon and Apple. All eyes are on the EC...

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

US equities back to record highs, but inflation concerns remain. FTSE eyeing EU-UK spat.

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US Dollar Outlook: USD, USD/JPY, EUR/USD Key Levels

USD faces headwinds as the combination of fundamental and technical levels push the dollar to key levels against major currency pairs

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Saturday, 23 October 2021

Canadian Dollar Forecast: USD/CAD Drop Supported by Crude Oil, Will BoC Disappoint?

The Canadian Dollar remains supported amid elevated crude oil prices. Don't be surprised if the Bank of Canada disappoints aggressive hawkish expectations. Earnings season is a wildcard.

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Euro Forecast: ECB Meeting Will Aim to Keep EUR/USD Stable, All Settings Unchanged

The European Central Bank will consider it a job well done if there is no movement in EUR/USD or the Euro crosses before, during or after Thursday’s policy announcements by its Governing Council.

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US Dollar Forecast: Greenback Vulnerable to Slowdown in US GDP

The update to the US GDP report may keep the Greenback under pressure as signs of a slowing recovery undermines speculation for an imminent shift in Fed policy.

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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...