News and analysis

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Weekly equities forecast: Tesla, Lloyds & Barclays earnings preview

S&P 500 and the FTSE fell last week after the market pushed back Fed rate cut expectations and as geopolitical tensions hurt risk sentiment. Look ahead; US core PCE will be a key focus next week, as well as earning season with Tesla earnings and UK bank's earnings.

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Today 05:00 AM
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AUD/USD weekly outlook: Geopolitical risks, AU and US inflation in focus

Whilst it appears that tensions in the Middle East have receded, headline risks remain a threat that traders need to keep in mind this week. And if sentiment is allowed to recover, economic data such as the key inflation reports for Australia and the US will be allowed to make their mark on AUD/USD.

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Yesterday 11:00 PM
    gold_01

    Gold outlook: Metal continues to defy gravity, but how long?

    Gold outlook remains steady, for now, even as Iran has downplayed the impact of Israel strikes. The focus turns to sticky inflation and elevated interest rates narrative, as overbought gold hardly shows any signs of a bearish reversal yet.

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    Yesterday 01:00 PM
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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.

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    April 19, 2024 02:23 PM

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    Research

    US dollar analysis: EUR/USD and USD/JPY remain in sharp focus - Forex Friday

    US dollar analysis: Focus turns to sticky inflation and elevated interest rates narrative as markets regain their poise – for now – as Iran downplays the impact of Israel's strikes. The EUR/USD and USD/JPY will be in sharp focus with global PMIs and BoJ policy among other risk events coming up next week.

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    USD/JPY 155 in focus around US inflation, BOJ meeting: The Week Ahead

    155 has become the latest 'glass ceiling' for the rapid rise of USD/JPY. And with a key US inflation report, BOJ meeting and potential for risk-off sentiment next week, this key level could be tested and prompt a response from Japan's central authorities.

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    April 19, 2024 07:01 AM
    Energy

    Crude oil spikes on reports of Israeli airstrike, gold threatens new high

    WTI crude oil was up over 4% during the Asian session on reports that Israel’s middles had struck a site in Iran, further fans fears of a broader-scaled war in the middle East.

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    April 19, 2024 04:35 AM
    Research

    US dollar taps 106 as US 2yr eyes break of 5%, gold rangebound: Asian Open

    The US dollar index recouped some of Wednesday's losses and is now tapping 106, whilst the US 2-year yields considers a break above 5%.

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    April 19, 2024 12:27 AM
    stocks_09

    S&P 500 analysis: Will the recovery hold as focus turns to tech earnings?

    S&P analysis: As markets have started Q2 poorly, amid interest rate uncertainty and raised geopolitical risks, investors are relying on earnings to provide boost, starting with Netflix today. S&P 500 technical analysis suggests more losses could be on the way, with 5,000 on the bears' radars.

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    April 18, 2024 05:46 PM
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    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.

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    April 18, 2024 02:06 PM
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    EUR/USD, Oil Forecast: Two trades to watch

    EUR/USD rises as the USD rally pauses. Oil steadies after a steep fall yesterday.

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    April 18, 2024 09:33 AM
    china_02

    China A50, Hang Seng, USD/CNH: Economic revival, state intervention creates ample trade opportunities

    Chinese economic data is beating expectations at rates not seen since reopening to the world in 2023. And with the government and People’s Bank of China playing an active role in supporting mainland markets, it’s not surprising to see Chinese assets performing comparatively better than others across Asia right now.

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    April 18, 2024 08:04 AM
    interest_rates_02

    US dollar ponders correction as bond prices approach support

    The US dollar has risen around 6% from the late December low. And with bond prices approaching support which could send yields lower, the US dollar rally could at least find some headwinds - if not a retracement.

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    April 18, 2024 07:20 AM
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