Weekly Fundamental US Dollar Forecast: Post-Fed Inflation Data Eyed
The economic calendar remains busy in the days ahead with a bevy of Federal Reserve speakers as well as the October US inflation report (consumer price index).
Weekly Fundamental Japanese Yen Forecast: Intervention Matters Little
Intervention efforts may have weighed on USD/JPY rates, but the Japanese Yen was broadly weaker over during the final week of October.
Weekly Fundamental US Dollar Forecast: 3Q’22 US GDP Report in Focus
After a quiet economic calendar last week, the coming days will see several important US data releases.
New Zealand Dollar Forecast: RBNZ Weighs Inflation vs Global Headwinds
Next week the RBNZ decides to hike by 50 or 75 bps where forward guidance remains key. Stubborn inflation and a worsening global outlook complicates the decision
Weekly Fundamental US Stocks Forecast: Short-term Gains Still Possible
US equity markets have rallied sharply, underpinned by falling short-end US Treasury yields and a drop in volatility. Can it continue?
Weekly Fundamental Gold Price Forecast: Real Rates Problematic Again
Gold prices had a relatively tame week despite sharp losses on Friday. More concerning is the renewed push higher by real yields in developed economies.
Markets Week Ahead: Nasdaq 100, S&P 500, US Dollar, Gold, Fed, China PMI, Volatility
The Nasdaq 100 and S&P 500 faltered as market volatility returned. Hopes of a Fed pivot were increasingly extinguished by Chair Jerome Powell. The US Dollar gained as gold suffered. Now, all eyes t…
Dow Jones and S&P 500 Cratered on Powell Comments – APAC and EU Stocks Likely to Follow
The Dow Jones Industrial Average and S&P 500 cratered after Fed Chair Powell’s Jackson Hole speech. Asian and European stocks are likely to feel the pressure this week.
Canadian Dollar Forecast: USDCAD Points Higher Following Jerome Powell’s Jackson Hole Speech
Following Jerome Powell’s hawkish Jackson Hole speech, USDCAD points higher toward 1.3100. Upside could be limited on oil strength.
Euro Price Forecast: Hawkish Powell Sees Reemergence of Central Bank Divergence Narrative for EUR/USD
EUR/USD goes into the week with markets knowing the Fed’s aggressive outlook while the EU continues to be plagued by an energy crisis as we head into winter.