Monday, 19 September 2022

S&P 500 Volatility, Rising US Yields and Deepening Housing Recession Overshadowed by Fed Wait

There were a few market holidays to start this week, but the fundamental wheels have not stopped turning. With rate speculation and recession fears swelling, the only thing keeping volatility from turning into something bigger may be anticipation for Wednesday’s FOMC rate decision.

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Gold Prices Hinge on FOMC Decision as Speculators and ETF Traders Sour on XAU

Gold prices are little changed ahead of the Federal Reserve’s interest rate decision. Speculators and ETF traders are losing confidence in the XAU trade as global rates tighten. The BoE and SNB are also on tap.

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Australian Dollar Steady After RBA Meeting Minutes Ahead of Fed and BoJ

The Australian Dollar is caught up in the whirlwind of central bank actions this week as the RBA meeting minutes support higher domestic rates. Where to for AUD/USD?

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USD/CAD Struggles to Test November 2020 High Ahead of Canada CPI

The update to Canada’s Consumer Price Index (CPI) may keep USD/CAD afloat as inflation is expected to slow for the second month.

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Nasdaq 100 Manages to Climb Out of a Hole, Will the Nikkei 225 and ASX 200 Follow?

The Nasdaq 100 managed to climb out of a hole to finish in the green on Monday, possibly setting up the Nikkei 225 and ASX 200 for a rosy session. But, will their downside bias persist?

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Crude Oil Update: Supply & Demand Tug of War Continues for Brent, USD Bid

Brent crude oil opens lower ahead of FOMC expectations and weaker global demand.

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EURUSD Dips Below Parity with Dollar Index Leading the Way

Euro remains under pressure as ECB members call for further rate hikes could be in vain with the Fed meeting coming into focus.

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British Pound Forecast: GBP Trending Lower on UK Bank Holiday

GBP/USD looks to re-test last weeks lows ahead of a key central bank week.

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Sunday, 18 September 2022

Gold Price Softens Ahead of a Busy Week with Fed, BoE, SNB and BoJ Meetings

The gold price slipped today as the US Dollar firmed ahead of several crucial central bank gatherings this week. If the Fed raise by 75 basis points, where will XAU/USD go?

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NIFTY 50 and KOSPI Technical Outlook: Is there more downside?

KOSPI’s downside is getting reaffirmed, while the NIFTY 50 is losing upward momentum. What are the key levels to watch in the short term?

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AUD/USD May Rebound as Chinese Lockdowns Ease Ahead of FOMC, BoJ

The Australian Dollar may rebound against the US Dollar this week as lockdowns in China ease, but the upcoming FOMC rate decision will likely dictate broader risk trends.

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Markets Week Ahead: Dow Jones, US Dollar, Gold, USD/JPY, GBP/USD, FOMC, BoJ, BoE, SNB

Global equity markets fell last week after a US CPI report boosted FOMC bets. A potentially volatile week lies ahead, with rate decisions from the Fed, BoJ, BoE and SNB due out.

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Global Equity Market Outlook: FOMC to Drive Market Sentiment in Week Ahead

Equity markets across the globe plunged last week as Fed rate hike bets drove recession fears. Market sentiment hinges on this week’s FOMC decision.

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Saturday, 17 September 2022

Japanese Yen Forecast: USD/JPY at Pivotal Point Ahead of Fed, BoJ Rate Decision

USD/JPY volatility is likely to jump in the coming week in response to two high-impact events on the calendar: the monetary policy decision of the Fed and the Bank of Japan.

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Australian Dollar Outlook: Fed Knights US Dollar King of the World

The Australian Dollar remains hostage to the machinations of the US Dollar as the RBA and the Fed are on similar but slightly different paths. Will rate differentials hit AUD/USD?

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The Impact of US Midterm Elections on the Federal Reserve and the US Dollar

The prospect of gridlock returning to Washington, D.C. has profound implications for the Federal Reserve and the US Dollar.

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Gold Price Forecast Continues to Be Bearish

The same factors continue to drive gold lower, and with it looking to trade below major support it’s poised to continue falling.

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Oil Price Forecast: WTI at Major Support- Crude Break Could Fuel Collapse

Oil prices plunged for a third-week but held above key technical support- threat remains for major price inflection. Levels that matter on the WTI weekly technical chart.

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Friday, 16 September 2022

S&P 500 and Dollar Could Be Rocked by More than a Big Fed Hike

While I would not argue with the sentiment that the top, singular scheduled event risk on deck for the coming week is the FOMC rate decision, the course of markets like the major indices and US Dollar will likely draw on something more deeply fundamental and visceral.

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British Pound Weekly Forecast: GBP/USD Could Slump to Multi-Decade Lows

GBP/USD is crumbling under the strength of the U.S. dollar as markets look forward to the upcoming BoE and Fed interest rate decisions

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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...