Markets Week Ahead: Dow Jones, Nasdaq 100, British Pound, Japanese Yen, Earnings Season Continues

The Dow Jones pulled off a gain as the tech-heavy Nasdaq 100 sank alongside Tesla. British political turmoil continues to be a threat to the FTSE 100 and the Sterling. Will Japan intervene again after the Yen plunged to a 32-year low?

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S&P 500, Nasdaq 100, Dow Jones – Q3 Earnings Will Drive Market Action

After Thursday’s slump and rally, US equity markets will be looking at a cluster of important Q3 earnings next week, including Tesla, Goldman Sachs, J&J, and Netflix.

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USD/CAD Forecast: BoC Hike Odds Dip While the Fed’s Rises, Bullish USDCAD

Markets anticipate a slower rate of hikes between the Fed and Bank of Canada going into year end. Policy divergence highlights bullish continuation themes in USD/CAD

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Gold Price Outlook: Another Raging Inflation Print Dims XAU/USD’s Trajectory

Gold prices fell 3 percent last week. Another strong US inflation print means that the Federal Reserve will have to step up its fight against raging CPI. XAU/USD remains at risk.

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US Dollar Forecast: Bullish Bias Intact as Hot CPI Will Keep Fed on Hawkish Path

The U.S. dollar is likely to remain supported in the near term on bets that persistently high inflation in the U.S. economy will keep the Fed on a hawkish tightening course over the forecast horizon.

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Bitcoin and Ethereum Forecast for the Week Ahead

Bitcoin and Ethereum remain rangebound following CPI as other risk assets continue to sink. More chop ahead?

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S&P 500 Faces Key Technical Breaks but GBPUSD, USDJPY and USDCNH the True Risk Measures

While there are key events (like Chinese 3Q GDP and earnings) and high-profile technical levels (the midpoint of the S&P 500’s post-pandemic range) ahead, my focus moving forward is the health of the underlying financial system. The IMF’s warnings around exchange rate volatility, the need of UK stimulus and Japanese intervention speak to the cracks.

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British Pound Backflips as Market Digests US CPI and Possible Fed Actions

The British Pound gained after US Dollar ascendency collapsed despite a hotter and expected US CPI created a series of reversals across many markets. Where will GBP/USD go?

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S&P 500, Dollar and Pound Volatility Can Carry Over to Important Friday Docket

US core inflation accelerated to its fastest pace of growth in four decades and the market’s expectations for a fourth consecutive 75bp rate hike moved to ‘certainty’ territory. Despite that, the S&P 500 rallied while the Dollar lost ground this past session. Volatility is the common thread and there is plenty of risk of more for Friday.

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Gold Price Vulnerable After Failing to Defend Monthly Opening Range

The price of gold may struggle to retain the rebound from the yearly low ($1615) as it fails to defend the opening range for October.

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Australian Dollar Clings on After US CPI, Be Wary of USD/JPY Intervention as Yen Falls

The Australian Dollar was whipsawed by a violent reaction to the stronger US CPI report. Be wary of violent USD/JPY price action as the pair climbs past levels where Japan intervened.

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Crude Oil Price Forecast: Bull Flag Formation Takes Shape

The price of oil may continue to hold above the 50-Day SMA ($87.58) as a bull-flag formation appears to be taking shape.

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S&P 500 Stages Big Comeback; JPMorgan, Wells Fargo & Citigroup Earnings Eyed

The S&P 500 rebounded from big losses triggered by hotter-than-expected U.S. CPI data, rallying more than 2.5% at the market close ahead of the official start of the earnings season on Friday.

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Japanese Yen Wilts as Inflation Woes Grips Markets Ahead of US CPI Today

The Japanese Yen continued its slide against the US Dollar ahead of a highly anticipated US CPI number today that could provide clues on further Fed action. How high can USD/JPY go?

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Dollar and S&P 500 Wind Up Despite Financial Warnings but CPI Ahead

Despite the warning from the IMF that the worst is still ahead for economic and financial risks, the S&P 500 and US Dollar have worked their way into remarkably tight trading patterns. If today’s CPI sparks the same level of volatility as it did last month, calm could give way to volatility.

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EUR/USD Reverses Ahead of 50-Day SMA to Snap Monthly Opening Range

Failure to defend the opening range for October may lead to a further decline in EUR/USD as it appears to be tracking the negative slope in the 50-Day SMA (0.9965).

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Gold Prices Find Optimism Before US CPI Report, That May Be Wishful Thinking

Gold prices traded rather optimistically ahead of the highly anticipated US CPI report. An upward push in core inflation would likely bode ill for XAU/USD. What are key levels to watch?

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US Dollar Stalls Ahead of CPI as Markets Brace for US Inflation Data

The US Dollar moderated overnight as markets prepare for tomorrow’s US inflation report. Asia Pacific markets look ready for a mixed open ahead of Japanese economic data.

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Fed’s Mary Daly on Future Rate Hikes and Global Financial Risks

San Francisco Fed president, Mary Daly, says that inflation is a “corrosive disease” that needs to be addressed despite mounting risks.

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Nasdaq 100, S&P 500 and Dow Waver but End Lower

Major U.S. stock indices end in negative territory amid mounting growth concerns, and ahead of tomorrow’s CPI figure that could be crucial to equities’ trajectory

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