Weekly equities forecast: Tesla, Lloyds & Barclays earnings preview
April 21, 2024 04:00 AM
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AUD/USD forecast: RBA rate hike revival risk is real and growing
Stickiness in services and domestic inflation, accompanied by continued resilience in labour market conditions, points to the likelihood of the RBA striking a more hawkish tone in its May monetary policy meeting, creating upside risks for the Australian dollar
US dollar, GBP/USD, USD/JPY, VIX analysis: COT report
The BOJ's intervention prevented large speculators from reaching a record level of net-short exposure, asset managers continued to trim net-long exposure to the US dollar and US indices and also flipped to net-long the VIX.
USD/JPY: Bullish case eroding fast as US economic data rolls over
The game for USD/JPY changed last week. The likely intervention from the BOJ on at least one occasion to support the Japanese yen, coupled with a large reversal in US bond yields, means the extremely successful strategy of buying dips may have run its course near-term.
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USD/JPY: Bullish case eroding fast as US economic data rolls over
Today 12:20 AM
Gold analysis: Outlook remains positive despite post NFP drop
May 4, 2024 08:00 AM
GBP/USD, Oil Forecast: Two trades to watch
May 3, 2024 07:49 AM
USD/JPY, USD/CAD, AUD/USD key levels into Nonfarm Payrolls (NFP)
May 3, 2024 07:01 AM
USD/JPY: Toppy US bond yields, BOJ intervention threat mean the game has changed
May 3, 2024 01:00 AM
AUD/USD weekly outlook: Aussie rises for a second week, RBA on tap
The RBA will announce their cash rate decision on Tuesday alongside their quarterly SOMP with updated staff forecasts. And that can quickly reshape expectations for the rest of the year and move AUD/USD accordingly.
DJIA, S&P 500, Nasdaq 100 Forecast: US Indices Recapture Key Levels on Dovish Fed, Solid Earnings
The Dow Jones, S&P 500, and Nasdaq 100 all recaptured key technical levels, carrying a bullish bias to the coming week.
British Pound Forecast: GBP/USD, GBP/JPY, EUR/GBP
The Bank of England hosts a rate decision on Thursday and GBP/USD has pushed back-above the 1.2500 handle. GBP/JPY slid after touching the 200.00 mark for the first time since 2008, and EUR/GBP is showing bearish breakdown potential with two different technical formations.
Gold analysis: Outlook remains positive despite post NFP drop
Gold remains in dip-buying mode but fresh bull signal needed. On Friday, NFP and ISM services PMI both came in weaker although gold couldn't break out. Economic calendar is lighter for US data in the week ahead.
Weekly equities forecast: Disney, BP & Uber earnings previews
With a quieter economic calendar attention will be on earnings. Disney, BP, and Uber are among some of the companies reporting this week.
S&P 500 Forecast: SPX jumps after a weaker NFP report & Apple results
US stocks are pointing to a stronger open after weaker than expected non-farm payroll report which has seen the market bring forward Fed rate cuts and after Apple's results. Apple announced a $110 million share buyback, the largest in US history. Attention turns to US services PMI data which is due to report shortly.
EURUSD Watch: NFP Results vs ISM PMI Services
NFP results drop, ISM PMI Services coming up
Crude oil analysis: Brent aims to find a low after sharp drop
War risk premium fades but OPEC+ cuts and reduced fears about Eurozone economy keep oil prices supported. Brent oil technical analysis suggest prices are now at key support zone.
GBP/USD, Oil Forecast: Two trades to watch
GBP/USD inches higher ahead of the non-farm payroll report. Oil rises but is set for worst weekly loss in 3-month
USD/JPY, USD/CAD, AUD/USD key levels into Nonfarm Payrolls (NFP)
The US dollar fell for a second day after the Fed closed the door on any further hikes. And that places today’s nonfarm payroll report (NFP) into focus. But given NFP’s tendency to beat estimates in recent history, perhaps the US dollar could be setting itself up for a bounce. We take a look at key levels for US dollar index, USD/JPY, USD/CAD and AUD/USD.
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