Silver Price Forecast: Rising Towards Ascending Triangle Resistance – Levels for XAG/USD
Silver prices have slowly but surely rallying throughout May.
World’s biggest SPAC deal highlights the boom in blank-check companies
Last month saw Singapore-based tech giant Grab Holdings Inc. launch the biggest SPAC deal to date.
Dow Jones, DAX 30 Forecast: Retail Traders Resume Selling, More Gains Ahead?
The Dow Jones Industrial Average and DAX 30 could extend their broader uptrends as retail investors continue persistently selling the indices. What are technical levels to watch for?
AUD/USD Remains Fragile as China Pressures Speculation in Iron Ore, Copper
AUD/USD may face further consolidation as metals face mounting pressure from Chinese regulators. April’s Westpac Leading Index is in focus.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD
The US Dollar set a fresh four-month-low this morning, but some comments from Richard Clarida may have spooked bears.
Crude Oil Price Forecast: Can't Quite Achieve Exit Velocity; Triangle Breakout Soon?
Crude oil prices continue to flirt with the downtrend dating back to the all-time high, not yet able to escape its gravitational pull.
Sterling Technical Forecast: British Pound Stalls– GBP/USD at Big Spot
Sterling is back at key resistance near the yearly highs on building divergence. Here are the levels that matter on the GBP/USD weekly technical chart heading into June.
Mexican Peso Forecast: Bulls Struggling to Find Follow-Through – Setups for MXN/JPY, USD/MXN
The Mexican Peso’s favorable fundamental and technical considerations have faded in the near-term.
Digital to reach 35% of 2025 retail sales even as pandemic fades
New sales channels such as social, voice and video commerce could compound the push provided by Covid-19 lockdowns, resulting in U.S. digital sales reaching 35% of total retail revenue by 2025 vs. 24% in 2020.
It’s unlikely COVID-19 reversed deflating commodities
The world changed in 2020 and we see the chances as being greater for more of the same deflationary forces from commodities present since the financial crisis.