Fiona Cincotta
Fiona Cincotta
Senior Market Analyst
Expertise: Macroeconomics, Fundamental & Technical Analysis, Media
Trading Style: Trend/Swing
Experience:
• Over 15 years’ experience trading and analysing UK, European & US markets
• Covers forex, equity, commodity, and crypto assets
• Webinars seminars and regular appearances on BBC, Reuters and Bloomberg TV as well as a weekly slot on BBC’s World Business report (World Services).
• Regularly quoted in Bloomberg, Reuters and MarketWatch among other outlets
Follow- Newest
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S&P 500 Forecast: SPX steady with Middle East tensions & Netflix in focus
US stocks are set for a mixed open as Iran downplays Israel's attack, helping fears fade. Futures recovered earlier losses, and oil gave back earlier losses. Netflix reported stronger-than-expected Q1 earnings and revenues but is set to fall on the open after revenue guidance for the current quarter was modestly weaker than expected.
Nasdaq 100 Forecast: QQQ rises as chip stocks rebound, Netflix earnings in focus
US stocks are inching higher after recent losses as chip stocks rebound following impressive earnings from TSMC and despite jobless claims coming in stronger than expected. TSMC is considered a bellwether for chip stocks, so the upbeat earnings have helped the sector, which had fallen in recent weeks. Attention is now turning to Netflix earnings after the closing bell.
EUR/USD, Oil Forecast: Two trades to watch
EUR/USD rises as the USD rally pauses. Oil steadies after a steep fall yesterday.
Nasdaq 100 Forecast: QQQ inches higher ahead of Fed speakers
US stocks are inching higher with corporate updates in focus, and after US Fed Chair Powell dampened rate cut expectations. More Fed officials will speak today, and more hawkish commentary could impact sentiment. The market is currently pricing in a 40% probability of a July rate cut. United Airlines flies higher after encouraging results.
GBP/USD, DAX Forecast: Two trades to watch
GBP/USD attempts to recover after CPI cooled less than expected. DAX inches higher ahead of Eurozone inflation data & after ASML earnings.
S&P 500 Forecast: SPX inches higher ahead of Powell
US stocks are set to open modestly higher in cautious trade ahead of a speech by Federal Reserve Chair Jerome Powell. US treasury yields rose to the highest level since November, a day after stronger-than-expected US retail sales data, which could limit the upside for stocks. Earnings from Bank of America and Morgan Stanley were better than expected.
GBP/USD, Oil Forecast: Two trades to watch
GBP/USD held at a five-month low after jobs data and ahead of Fed Chair Powell's speech. Oil rose after China's GDP growth and amid ongoing Middle Eastern tensions.
Dow Jones Forecast: DJIA rises as risk sentiment improves
US stocks are set to open higher on Monday after steep losses last week. Following an attack by Iran on Israel over the weekend and comments from the US that it will not support a retaliatory attack by Israel, the market has calmed. Geopolitical developments will remain a key focus this week. US retail sales came in stronger than forecast, supporting the view that the Fed will keep rates high for longer. Goldman Sachs is set to rise after earnings.
EUR/USD, Oil forecast: Two trades to watch
EUR/USD holds above 1.0650 as the mood steadies, Oil prices fall as geopolitical tensions calm.
Weekly equities forecast: Netflix, Bank of America, Procter & Gamble
Earnings season starts to ramp up this week with earnings from Netflix, Bank of America, and Procter & Gamble are among those reports that investors will be watching closely.
S&P500 Forecast: SPX falls as banks kick off Q1 earnings season
US stocks open lower as traders have plenty to worry about- rising concerns over geopolitical tensions in the Middle East, hotter-than-expected inflation this week, and some disappointment from the banks as they kick off earnings season. Riskier assets such as stocks are under pressure amid fears that Iran could attack Israel this weekend. Meanwhile, safe haven Gold rose to a fresh record high, and the USD rallies.