Markets Week Ahead: US Dollar, Gold, Crude Oil, Nasdaq 100, RBNZ, FOMC Minutes, CPI

The US Dollar outperformed alongside Treasury yields last week, pushing down gold prices. Meanwhile, crude oil prices just barely managed a 7th consecutive weekly gain. What is in store for markets in the week ahead?

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Oil Update: OPEC Monthly Report Points to Tighter Oil Market, Cuts Continue

Record US oil production partially offsets OPEC’s output drop but the global oil market is set to get tighter into year end

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Indices Little-Changed After Post-US CPI Volatility​​​​

Stock markets dropped back after yesterday’s CPI figure, but are attempting to move higher again this morning.

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AUD/USD Technical Outlook: Further Pain in Store for the Aussie Dollar?

AUD/USD may experience a short-term bounce following comments by the RBA Governor. The medium-term picture leaves the Australian Dollar looking vulnerable from both a technical and macro perspective.

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British Pound (GBP) Latest: UK GDP Data Beats Estimates, Sterling Undecided

The UK economy expanded at a robust pace in the June, beating forecasts. Manufacturing and industrial production data also exceeded estimates.

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How Much More to Go in Crude Oil? Is There More Upside in Natural Gas?

Crude oil and natural gas have rebounded meaningfully in recent weeks. Is the downtrend since 2022 in both markets reversing? What is the outlook and the key levels to watch?

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Asia Day Ahead: Subdued Start in Asia as Wall Street Rally Fizzles

An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US CPI release, prompting the US dollar to pare its earlier losses.

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Gold Price Outlook at Risk as Markets Embrace Tighter Fed for Longer After US CPI

Gold prices fell in the aftermath of US inflation data. Financial markets continue to open to a Federal Reserve that may stay tighter for longer, leaving XAU/USD at risk.

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US Dollar (DXY) Listless as the Latest US Inflation Report Nears

The US dollar is treading water ahead of the latest US inflation report pushing FX traders to the sidelines. Will the release spark a bout of much needed US dollar volatility?

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Nasdaq 100 and S&P 500 Edge Higher Ahead of US CPI, Nikkei 225 Rallies Above 32,000

After a recent run of losses, US indices are slightly higher as investors await the latest US inflation reading. Meanwhile, the Nikkei is making another attempt to resume its longer-term move higher.

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GBP/USD Hovers at Key Inflection Point Ahead of Inflation and GDP Data

Cable has arrested a two-day slide in the Asian session as US CPI looms. Will US CPI and UK GDP data inspire a bullish continuation or is a deeper retracement in store?

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Crude Oil Catapults to New Highs While the US Dollar Steadies Ahead of CPI. Higher WTI?

Crude oil prices broke above resistance yesterday and has held the high ground today as markets eye US CPI figures due later. If it’s an outlier, volatility could kick off.

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High Real Yields Starting to Bite Gold? XAU/USD Price Setup Ahead of US CPI

Higher real rates could be starting to finally weigh on gold prices. What is the outlook for XAU/USD and what are the key levels to watch?

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Lead-up to US CPI Release Keeps Sentiments in Check: US dollar, Hang Seng Index, Brent Crude

Wall Street continued its decline for the second straight day, as market participants de-risk in the lead-up to the upcoming US CPI release.

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Oil Testing Fresh Multi-Month Highs, EIA Crude Oil Data

The price of oil is touching fresh multi-month highs as markets continue to price in a soft landing in the US.

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Euro Outlook Improves on Bank Tax Clarity: EUR/USD, EUR/JPY, EUR/AUD

Euro assets are responding well this morning after Italian authorities clarified that yesterday’s windfall tax on banks will not amount to more than 0.1% of total bank assets

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FTSE 100, Dax and Dow Move Higher in Early Trading

Indices staged a recovery yesterday, with some cautious gains seen in indices this morning.

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British Pound (GBP) Latest: EUR/GBP and GBP/NZD Outlooks

EUR/GBP remains rangebound while GBP/NZD continues to push higher as traders wait for Friday’s UK GDP data

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Australian Dollar Finds Footing Despite Evolving China Concerns. Is AUD/USD Range Bound?

The Australian Dollar eked out a small gain today against a backdrop of underwhelming China data and ongoing concerns for global growth. If markets kick off again, will AUD/USD test lower?

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US Dollar Climbs as Risks Swirl and Sterling Struggles for Traction. Lower GBP/USD?

The US Dollar ascendency got back on track in the last few sessions as traders and investors sought safety in bonds with risk assets coming under pressure. Will GBP/USD break lower?

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