Dow Jones and S&P 500 Cratered on Powell Comments - APAC and EU Stocks Likely to Follow

The Dow Jones Industrial Average and S&P 500 cratered after Fed Chair Powell's Jackson Hole speech. Asian and European stocks are likely to feel the pressure this week.

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Canadian Dollar Forecast: USDCAD Points Higher Following Jerome Powell’s Jackson Hole Speech

Following Jerome Powell's hawkish Jackson Hole speech, USDCAD points higher toward 1.3100. Upside could be limited on oil strength.

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Euro Price Forecast: Hawkish Powell Sees Reemergence of Central Bank Divergence Narrative for EUR/USD

EUR/USD goes into the week with markets knowing the Fed's aggressive outlook while the EU continues to be plagued by an energy crisis as we head into winter.

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US Dollar Forecast: Will Another Non-Farm Payrolls Print Offer a Tight Labor Market?

The US Dollar is regaining upside moment against the backdrop of Fed hawkishness, quantitative tightening and market volatility. Another tight non-farm payroll report may offer the same.

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Bitcoin, Ethereum Sell-off Deepens as Fundamentals Drive Crypto Lower

Bitcoin, Ethereum and alt coins ruined by Fed Chair Jerome Powell’s speech that sent cryptocurrency and risk assets into a sea of red. Next up is ISM and NFP, two big data points for risk aversion.

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Australian Dollar Outlook: RBA in the Shadow of the Fed for Now

The Australian Dollar had a whippy week after Chinese stimulus plans were over wrought by a Federal Reserve that got tough talking around a campfire in a ski resort.

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Quantitative Tightening: What is it and How Does it Work?

Quantitative tightening is a policy tool used by central banks to moderate an overheating economy. Find out how it is implemented and uncover its potential drawbacks

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S&P 500 Poised Ahead of Jackson Hole Where Markets Await a Potential Powell Pivot

The S&P 500 is at a crossroads as the markets test the Fed's resolve to tighten financial conditions to contain price pressures. Will Fed Chair Powell's address turn the S&P 500?

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Crude Oil Prices Unconvinced by S&P 500 Rally Ahead of Jackson Hole, PCE Data

Crude oil prices were not convinced by the S&P 500 rally on Thursday. Energy traders eagerly await a speech from Fed Chair Jerome Powell at Jackson Hole as well as PCE data.

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USD/CAD Rally Unravels Ahead of US PCE Report amid Failure to Test Yearly

Data prints coming out of the US may fuel the recent weakness in USD/CAD as the Personal Consumption Expenditure (PCE) Price Index is anticipated to show a slowdown in inflation.

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Australian Dollar Traders Higher Alongside Dow Jones Before Powell Speech

The Australian Dollar benefited from an overnight risk-on move in New York. APAC markets may trade higher as traders prepare for Jerome Powell's speech.

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EUR/USD Holds Above December 2002 Low to Keep RSI Out of Oversold Zone

EUR/USD may continue to recover over the coming days as the Relative Strength Index (RSI) manages to hold above oversold territory.

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S&P 500, Nasdaq, Dow Rally - Unfazed by Hawkish Rhetoric

US Indices ended in positive territory for the second consecutive day amid stronger-than-expected economic data, but despite hawkish comments from Fed officials.

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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Inflation pressures are worsening in the Eurozone and the UK as the energy crisis mounts ahead of the winter months.

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Gold Price Forecast: US GDP Data in Focus as XAU Traders Eye Powell

Gold prices, along with the broader market, are keenly focused on Federal Reserve Chair Jerome Powell's speech on Friday. Until then, an update to US GDP data may move XAU.

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Euro Outlook Remains Murky as Gas Prices Soar and Fed Hikes Loom. Can EUR/USD Recover?

The Euro is struggling as the energy crisis evolves and a US Dollar that is gaining traction as the Fed gear up for their Jackson Hole symposium. Is a bear market intact for EUR?

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Crude Oil Price to Stage Larger Recovery on Break of August Opening Range

The price of oil may stage a larger recovery over the coming days if it manages to clear the opening range for August.

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NZD/USD Unfazed After Kiwi Retail Sales Ahead of Jackson Hole

Markets are quiet ahead of Jackson Hole, with US stocks seeing small gains overnight. NZD/USD was uninspired by second-quarter retail sales data for the island nation.

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S&P 500, Nasdaq, Dow Hold Support, Look to Powell’s Jackson Hole Speech

US Indices traded in a small range today as markets patiently await guidance from Fed Chair, Jerome Powell.

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Gold Price Rebound Susceptible to Negative Slope in 50-Day SMA

Failure to push back above the 50-Day SMA ($1769) may undermine the recent rebound in the price of gold as the moving average continues to reflect a negative slope.

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