Monday, 25 October 2021

Copper Price Rallies on Shrinking Chinese Inventories, Supply Chain Bottlenecks

Copper prices declined on lower than expected inventories in Shanghai warehouses on Monday as fears over a global supply shortage take center stage.

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Nasdaq 100 Leads Monday Rebound as Facebook Posts Mixed Q3 Earnings

Tech stocks outperformed on Monday as Tesla shares gained over 12%, pushing the company's market capitalization over $1 trillion. Facebook missed analyst expectations on the top line.

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S&P 500 Notches Record Close as Strong Earnings Ease Worries, XOP hits 52-week high

S&P 500 closes at an all-time high, bolstered by solid corporate results ahead of big tech earnings. Meanwhile, the XOP ETF hits a 52-week high, boosted by strength in commodity prices.

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S&P 500 and Nasdaq 100 Gain for Fourth Day in a Row as Traders Await Key Earnings

S&P 500 closes at an all-time high, bolstered by solid corporate results ahead of big tech earnings. Meanwhile, the XOP ETF hits a 52-week high, boosted by strength in commodity prices.

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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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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...