News and analysis

  • All
  • Forex
  • Commodities
  • Crypto
  • Shares
  • Indices
  • Newest
  • Popular
Research

Silver analysis: precious metal takes out $30

Our silver analysis suggests that the precious metal could potentially rise far beyond the $30 level, if the recent gains by gold and copper are anything to go by and in light of the big technical breakout from a multi-year consolidation pattern.

default avatar
May 18, 2024 01:00 AM
united_kingdom_05

GBPUSD Analysis: April Highs Set a Weekly Ceiling

GBPUSD Analysis: with the upcoming BOE statement, CPI metrics, and Flash PMI results, April highs are challenged for further bull runs

Congress building

Dow Jones Forecast: DJIA set for a quiet start below 40,000

US stocks head for a quiet open as the CPI-fueled rally runs out of steam. Several Fed speakers have warned that rates need to stay high for longer, and they want to see more evidence of inflation cooling before cutting rates. The Dow Jones remains below the key 40,000 level that it breached yesterday. There is no high-impacting data today. Attention will remain on Fed speakers.

default avatar
Today 11:23 PM
Currency exchange rate board of multiple currencies

EUR/USD, AUD/USD outlook: Forex Friday - May 17, 2024

Welcome to another edition of Forex Friday, a weekly report in which we highlight selected currency themes. In this week’s report, we will discuss the US dollar, euro and Aussie, and look ahead to the next week.

Open an account in minutes

Tight spreads from 0.5 pts on FX and 1 pt on indices.

Award-winning platforms with fast and secure execution.




N_A_Promo_Block_BG_Comp
china_02-LONC02G510KMD6R

USD/CNH, USD/JPY, AUD/USD: China’s spluttering economy weighs on Asian currencies

China’s fledgling economic recovery suffered another setback in April with activity indicators mostly disappointing, especially regarding the beleaguered property sector. The news weighed on the Chinese yuan and other Asian currencies, such as the Japanese yen and Australian dollar.

inflation_02

The US dollar may not be ready to roll over just yet: The Week Ahead

We'll need to wait until next week's COT report to see the full damage of the US inflation report to USD long positioning, but with key levels holding as support we may find mean reversion works in the dollar's favour next week.

default avatar
Today 02:06 PM
Quarry and various stones

Be cautious chasing COMEX copper higher with big bears lurking above $5

The upside in copper flagged last week has played out nicely, delivering a fresh contract high for the red metal on COMEX futures. However, the price action over the latter parts of this week has not been convincing, warning of growing near-term downside risk.

Research

AUD/USD, ASX 200 eye a solid close for the week: Asian Open

AUD/USD and the ASX 200 have flourished this week thanks to renewed bets of Fed cuts, even though softer employment and wages data for Australia rekindled hopes of a lower RBA cash rate.

Close-up of market chart

USD/CAD outlook dims as US data deteriorates further

The USD/CAD was back at the point of origin of Wednesday’s breakdown at 1.3630-1.3650 area. Could we see the Loonie head lower from here? This week’s disappointing US data certainly point to a dimmer USD/CAD outlook.

EURUSD Forecast: ECB Financial Review Meets April Highs

EURUSD Forecast: the pair is back up to April highs; are March highs next in sight?

20231218 - 001 - 01

Nasdaq 100 Forecast: QQQ steadies after jobless claims, Fed speak

US stocks pause for breath after yesterday's rally following cooler CPI data. While the data boosted rate cut optimism, NY Fed President Williams warned that more evidence of inflation cooling was needed in order to cut rates. Separately, Walmart is set to open sharply higher after beating earnings and revenue forecasts.

default avatar
Yesterday 11:19 PM
Multiple Euro bank notes in 20€, 50€ and 100€

EUR/USD outlook remains positive, likely heading to 1.10

Despite the slow start to today’s session, the recent price action and improving eurozone sentiment suggests the EUR/USD outlook remains positive, with the exchange rate on course to potentially head towards the 1.10 handle.

default avatar
Yesterday 09:50 PM
Close-up of market chart

USD/JPY, DAX Forecast: Two trades to watch

USD/JPY falls post-CPI & with jobless claims up next. DAX reaches record high as US CPI euphoria spreads.

Get the information that drives markets
Anaylsts composition
Get expert reaction to latest market news and seize potential opportunities.
Economic calendar

Risk-free trading with virtual funds

Try our award-winning platform.

Improve your skills and trading strategies.

Trade Forex, Indices, Shares, Commodities.

N_A_Promo_Block_BG_Comp

From time to time, StoneX Financial Pty Ltd (“we”, “our”) website may contain links to other sites and/or resources provided by third parties. These links and/or resources are provided for your information only and we have no control over the contents of those materials, and in no way endorse their content. Any analysis, opinion, commentary or research-based material on our website is for information and educational purposes only and is not, in any circumstances, intended to be an offer, recommendation or solicitation to buy or sell. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. No representation or warranty is made, express or implied, that the materials on our website are complete or accurate. We are not under any obligation to update any such material.

As such, we (and/or our associated companies) will not be responsible or liable for any loss or damage incurred by you or any third party arising out of, or in connection with, any use of the information on our website (other than with regards to any duty or liability that we are unable to limit or exclude by law or under the applicable regulatory system) and any such liability is hereby expressly disclaimed.