SP 500 & NAS100 PRICE FORECAST: SPX and NAS 100 Continue to Advance, Now Up 4.7% and 5.7% Since the Recent Lows. Market Participants Buoyed on Belief that the Central Bank Hiking Cycles are Over Which Could Keep US Equities Supported. Apple Earnings Are Due After Market Close Today as US Jobs Data Tomorrow Could
Gold, XAU/USD, US Dollar, Fed, FOMC, Treasury Yields, Real Yields, GVZ Index – Talking Points The gold price leapt to new highs as haven demand continues The psychological US$ 2,000 mark has been eclipsed with volatility ticking up The FOMC meeting lies ahead. Will it provide price swings for XAU/USD? Recommended by Daniel McCarthy Get
The GBPUSD is trading up and down today, but the move to the upside today stalled near the 100/200 hour MAs near 1.2154 area. Recall, that area stalled the rally on Wednesday as well. The subsequent fall, in the US afternoon session, has taken the price back toward the swing area near 1.2105 and 1.21109.
GOLD, XAU/USD, US Dollar, Treasury Yields, Crude Oil, – Talking Points Gold hit the high notes again today as it scopes new highs Markets are reassessing the outlook with equity markets reeling If the risk-off sentiment prevails, will XAU/USD break above 2000? Recommended by Daniel McCarthy Get Your Free Gold Forecast The spot gold price
Gold, XAU/USD, US Dollar, Treasury Yields, iShares High Yield ETF, GVZ Index – Talking Points The gold price has backed away from the psychological US$ 2,000 mark While robust Treasury yields remain, US companies are facing a debt squeeze Implied and historical volatility is on the rise. Will XAU/USD break higher? Recommended by Daniel McCarthy
Share: USD firms modestly. Economists at Scotiabank analyze Greenback’s outlook. Soft data risks for the US may be rising The USD is trading firmer overall but the ‘market-weighted’ DXY is trading off its earlier highs ahead of the North American session and effectively continues to consolidate within the October trading range. Soft data
USD, US DOLLAR, DXY INDEX – Outlook: Market diversity appears to be running low in the DXY Index, suggesting overcrowding. Having said that, US exceptionalism is still intact. What is the outlook on the greenback and the signposts to watch? If you’re puzzled by trading losses, why not take a step in the right direction?
Australian Dollar, AUD/USD, US Dollar, Treasury Yields, ACGB, DXY Index – Talking Points The Australian Dollar steadies as risks swirl for markets The US Dollar has been underpinned by firm Treasury yields Markets appear poised for a busy week. Will AUD/USD recover from the lows? Recommended by Daniel McCarthy Get Your Free AUD Forecast The
EUR/USD Forecasts – Prices, Charts, and Analysis US dollar may slip lower into the weekend. US earnings start in earnest today with a handful of banks on tap. Recommended by Nick Cawley Get Your Free USD Forecast The US dollar rallied by over one big figure yesterday after the latest US inflation data release. Core
© Reuters. The fell by 0.23% on Tuesday, influenced by a stock market rally and Atlanta Fed President Bostic’s dovish stance on further interest rate hikes. This drop comes despite some safe-haven demand spurred by Middle East turmoil. Bostic expressed that the current policy rate is adequate to bring inflation down to 2%. In contrast,
