Indices enjoyed a strong few days last week, with both the Dax and Dow reaching new highs for the year, while the FTSE 100 closed in on 7700 once more.
http://corneey.com/egNxUs
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GBP Price Forecast: Pound Readies for BoE
GBP has been on the backfoot of recent against both the EUR and USD but with a likely hike from the BoE this week, the pound may find its footing once more.
http://corneey.com/egNaKL
http://corneey.com/egNaKL
US Dollar Gains as Yields in JGB and Treasury Markets Rise. Where to for USD?
The US Dollar grabbed the higher ground again today with Treasury yields joining JGBs at a higher level. A firm China PMI read also helped growth-aligned assets in the region. Higher DXY?
http://corneey.com/egNoeO
http://corneey.com/egNoeO
All eyes on China with subdued PMI and more stimulus measures: US dollar, Hang Seng Tech Index, AUD/USD
China’s still-weak PMI read may justify recent efforts by authorities to lift China’s growth picture, as market participants look towards more measures to boost consumption later today.
http://corneey.com/egNybL
http://corneey.com/egNybL
Australian Dollar Blipped Up on China Data. Will AUD/USD Continue to Recover?
The Australian Dollar skipped higher immediately after China’s primary manager’s index (PMI) data outperformed estimates before retreating. The RBA lies ahead. Will they hike or not?
http://corneey.com/egNyvX
http://corneey.com/egNyvX
Markets Week Ahead: US Dollar, Euro, Japanese Yen, Australian Dollar, RBA, NFPs
The US Dollar mostly outperformed this past week as the Euro and Japanese Yen fell. Ahead, eyes are on the RBA for the Australian Dollar and US non-farm payrolls data for the Dow Jones.
http://ceesty.com/egB86D
http://ceesty.com/egB86D
Crude Oil Forecast: Attention Shifts to OPEC Production Cuts
Brent crude oil prices look to next week with forward momentum as markets await further information from OPEC their production projections for September.
http://ceesty.com/egBVlZ
http://ceesty.com/egBVlZ
FTSE 100 and Dow Looking Strong but Dax Struggling Again
Given the major events happening in global markets this week it is perhaps not surprising to see indices relatively muted in early trading, though the FTSE 100 continues to hold on to its gains.
http://gestyy.com/egVhEh
http://gestyy.com/egVhEh
USD/ZAR: Price Forecast: Relentless Rand Eyes FOMC
USD/ZAR prices have dropped to a key support level on the back of encouraging Chinese stimulus news but the focus now shifts towards the FOMC tomorrow.
http://festyy.com/egCNTF
http://festyy.com/egCNTF
Euro Breaking News: Dreadful German PMI Pushes EUR/USD Below 1.11
The euro immediately sold off after German PMI’s missed forecasts ahead of the ECB’s highly anticipated rate announcement later this week.
http://festyy.com/egCbEH
http://festyy.com/egCbEH
New Zealand Dollar Ahead of Fed Rate Decision; NZD/USD, AUD/NZD, EUR/NZD Price Setups
The New Zealand dollar is holding its recently established ranges against some of its peers. What is the outlook for NZD/USD, AUD/NZD, and EUR/NZD?
http://destyy.com/egC0nP
http://destyy.com/egC0nP
Markets Week Ahead: Gold, Euro, USD, Yen Await Fed, ECB & BoJ; Big Tech Earnings Eyed
Interest rate decisions by the Federal Reserve, the European Central Bank and the Bank of Japan, as well as the results of technology companies, will steal the spotlight in the coming week.
http://destyy.com/egXMwH
http://destyy.com/egXMwH
Crude Oil Forecast: Prices Supported by Oil Fundamentals as FOMC Looms
Crude oil prices looks to US economic data for direction this week after 4th consecutive positive close for WTI.
http://destyy.com/egXDCs
http://destyy.com/egXDCs
GBP/USD Price Forecast: Positive Retail Sales Temporarily Lifts the Pound
Cable caught a bounce this morning on positive retail sales numbers. Is the rebound sustainable or will we see further weakness ahead of a busy 2-week period of Central Bank meetings?
http://corneey.com/egXjh7
http://corneey.com/egXjh7
EUR/USD Price Forecast: Euro Fading Into Central Bank Week?
The euro looks to be running out of steam despite persistent high inflation ahead of next weeks ECB and FOMC announcements.
http://corneey.com/egZ1ko
http://corneey.com/egZ1ko
Dollar Index (DXY) Eyes Deeper Recovery with USD/CHF at 12-Year Lows
The DXY looks for a deeper recovery ahead of next week’s FOMC meeting. Will talk of a ‘soft landing’ keep the US Dollar subdued moving forward?
http://ceesty.com/egZRCq
http://ceesty.com/egZRCq
Bitcoin (BTC/USD) Fades Lower as Bulls Tire, Support Coming Under Pressure
After briefly touching $31.8k last week, Bitcoin has faded lower and may soon make a fresh attempt to break multi-week support.
http://ceesty.com/egZtEE
http://ceesty.com/egZtEE
GBP/USD Price Forecast: Cable Rally May Stall Ahead of UK Inflation Data
Sterling appears to be making an effort at a retracement following last weeks extended rally. Will UK Inflation scupper the rally or provide bulls with renewed impetus?
http://gestyy.com/egLLRF
http://gestyy.com/egLLRF
Markets Week Ahead: Gold, EUR/USD, S&P 500 Break Out as USD Tanks; Tesla Earnings Eyed
Gold, the Nasdaq 100, EUR/USD and GBP/USD all soared this week, while the US dollar broke down after US CPI data surprised to the downside. Traders should keep an eye on whether recent market moves can be sustained as the US earnings season gets underway.
http://festyy.com/egLiMK
http://festyy.com/egLiMK
Gold (XAU/USD) Consolidates Recent Gains After Stubborn Resistance Falls
Renewed US dollar weakness has given gold the strength to take out a layer of stubborn resistance that has been holding the precious metal back for weeks.
http://festyy.com/egKKuC
http://festyy.com/egKKuC
Dow, Nikkei 225 and CAC40 Rise after US CPI data
Indices worldwide were given a lift by US inflation data yesterday, which showed a slower pace of price growth, easing the pressure on the Fed to raise rates again.
http://destyy.com/egKmDP
http://destyy.com/egKmDP
Stock Indices Remain Bid Ahead of US CPI Release
Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of Wednesday’s U.S. inflation report for June.
http://destyy.com/egKpHf
http://destyy.com/egKpHf
EURUSD Holds Post-Payroll Gains, Market Weighs Rate-Rise Chances
The Euro got a boost last week as US labor-data made markets rethink just how high rates might go. It’s hanging on to those gains as new week gets under way
http://corneey.com/egJAvw
http://corneey.com/egJAvw
Asia Day Ahead: US Job Report Brings Cautious Start to the Week
Major US indices failed to retain its initial gains in the aftermath of the US June jobs report last week, with a mid-day sell-off on relative high volume forcing an eventual close in the red.
http://ceesty.com/egJhBY
http://ceesty.com/egJhBY
Oil Fundamental Forecast: Q3 the Catalyst for Crude Oil?
Crude oil prices could be in for a positive Q3 with OPEC+ maintaining production cuts through to August.
http://ceesty.com/egJqZ3
http://ceesty.com/egJqZ3
Gold (XAU/USD) Prices at Risk of Freefall Heading Into NFP Day
Spot Gold continued to probe the psychological $1900/oz level yesterday after red-hot US data. Will the NFP report provide the catalyst for a sustained break lower?
http://gestyy.com/egHLU1
http://gestyy.com/egHLU1
Euro Price Forecast: EUR/GBP, EUR/USD, EUR/JPY Price Setups
The euro is expected to come under pressure as worsening fundamental data weighs on the continent. At the same time, other central banks ramp up rate hike talk
http://gestyy.com/egHb5b
http://gestyy.com/egHb5b
GBP/USD Pulls Back as Markets Look for Next Fed Rate Steer
The Pound remains well supported by expectations that the Bank of England still has plenty of inflation fighting work to do.
http://festyy.com/egHyrH
http://festyy.com/egHyrH
Gold Price Outlook: Technical Levels for Gold and Silver Analysed
Gold and silver prices appear to be making a recovery but, in an environment, where US interest rates are expected to rise further, how much room to the upside is left?
http://festyy.com/egHyrs
http://festyy.com/egHyrs
Dow & Nasdaq 100 return to recent highs, while Nikkei 225 drops back
Both the Dow and Nasdaq 100 have seen a revival in recent days, while the Nikkei’s bounce has stalled this morning.
http://festyy.com/egGBtA
http://festyy.com/egGBtA
GBP/USD Price Forecast: Pound Gears Up for Big Data Tomorrow
GBP/USD is in for a restrained trading day as the US celebrates Independence Day, ahead of UK services PMI data and the FOMC Minutes.
http://festyy.com/egGBts
http://festyy.com/egGBts
EUR/USD Returns Some Gains as Eurozone PMI Data Underwhelm
The Eurozone’s manufacturing sector is already facing feeble demand, with higher rates ony likely to sap it further. The Euro is reflecting these worries.
http://destyy.com/egGUUo
http://destyy.com/egGUUo
S&P 500, Nasdaq Ahead of US Jobs Data: No Sign of a Reversal
The uptrend in the S&P 500 and the Nasdaq 100 index is intact. However, there are some signs of fatigue emerging, especially on the technology-heavy index. What is the outlook and what are the key levels to watch?
http://destyy.com/egGf8G
http://destyy.com/egGf8G
Asia Day Ahead: Lighter Start to the Week but Risk-On Prevails
The second quarter has concluded with a further pull-ahead in risk sentiments last Friday, with the S&P 500 closing at its highest level in 14 months.
http://destyy.com/egGsZc
http://destyy.com/egGsZc
Markets Q3 Outlook: Gold, Oil, S&P 500, US Dollar, Euro, Pound, Yen, AUD, BTC
Market dynamics could change and become hostile for some assets and friendlier for others in the coming months as major central banks extend their tightening campaign. Check out DailyFX team's trading forecasts for the third quarter.
http://corneey.com/egGyYE
http://corneey.com/egGyYE
FTSE 100, DAX 40, and S&P 500 try to end month and quarter on a high
Outlook on FTSE 100, DAX 40, and S&P 500 as month and quarter end may generate volatility.
http://corneey.com/egFHpA
http://corneey.com/egFHpA
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