Weekly Market Outlook (09-13 October)

UPCOMING EVENTS: Tuesday: US NFIB Small Business Optimism Index. Wednesday: US PPI, FOMC Minutes. Thursday: Japan PPI, UK GDP, ECB Minutes, US CPI, US Jobless Claims, NZ Manufacturing PMI. Friday: China CPI, China Trade data, Eurozone Industrial Production, US University of Michigan Consumer Sentiment. This weekend, Hamas launched a massive attack against Israel which draws

US Equities Technical Outlook: Range-Bound with Downside Potential

US stocks have come under pressure at the end of Q3 2023 as the Fed made their stance clear on interest rates remaining higher for longer. Such an environment is likely to weigh on risk assets like equities but from a technical point of view there are still a few hurdles that need to be

The bullish outlook remains in place

Share: DXY comes under pressure following recent peaks. A move to 108.00 still appears in store near term. DXY faces some selling pressure after climbing to new 2023 tops in the 107.30/35 band on Tuesday. In light of the ongoing price action, extra gains appear likely in the dollar for the time being.

Market Outlook for the Week of 02 – 06 October

Last week inflation data for the eurozone came in weaker than expected, giving a glimpse of hope that it will continue to drop in the near future. However, overall inflation remains elevated and the rising energy prices might exert additional pressure in the coming months. That said, the ECB is likely to keep rates on

Weekly Market Outlook (02-06 October)

UPCOMING EVENTS: Monday: BoJ Summary of Opinions, Swiss Retail Sales, Eurozone Unemployment Rate, US ISM Manufacturing PMI. Tuesday: RBA Policy Decision, Swiss CPI, US Job Openings. Wednesday: RBNZ Policy Decision, Eurozone Retail Sales, Eurozone PPI, US ADP, US ISM Services PMI. Thursday: US Challenger Job Cuts, US Jobless Claims. Friday: Japan Wage data, Swiss Unemployment

GBPUSD Slips Again As UK Rate Outlook Hangs Heavy On Sterling

BRITISH POUND TALKING POINTS AND ANALYSIS • GBPUSD Inches Down in Europe • Last week’s surprise Bank of England decision to hold rates still weighs • US Durable Goods data will be the near-term focus Recommended by David Cottle Get Your Free GBP Forecast The British Pound slipped just a little against the United States