Inflation fuels comeback at Cathie Wood’s Ark ETFs
Four of Cathie Wood’s Ark ETFs attracted more than $1 billion combined over the past month, as the 10-year Treasury yield slid below 1.5%.
US Dollar Faces Day Two of Powell Testimony. Will It Hold Up?
The US Dollar was notably resilient despite what the markets saw as dovish rhetoric from Fed Chair Jerome Powell. Will it stand up to another day of testimony?
Equities Q3 Fundamental Forecast: Stocks to Enjoy Continued Economic Recovery, Seasonality a Concern
The Dow Jones, S&P 500 and Nasdaq 100 entered the third quarter on the back of yet another strong showing in the post-pandemic era as stocks continued to climb across all sectors.
US Dollar Analysis, Gains Continue: USD/SGD, USD/THB, USD/PHP, USD/IDR
The US Dollar continues to push higher against ASEAN currencies. USD/SGD may breakout above a rectangle chart pattern, with USD/THB eyeing 2020 peaks. USD/PHP gains as USD/IDR ranges.
Chinese Yuan Forecast: Q2 GDP Key to Gauge PBOC, USD/CNH Outlook
USD/CNH is pushing lower as traders prepare for China’s second quarter GDP print to cross the wires. The Yuan may break current support at the 26-day EMA if the data impresses.
Crude Oil Price Forecast: A Lot of News Equals A Lot of Noise
Delayed oil inventory data and news from OPEC+ are making for volatile energy markets.
New Zealand Dollar Outlook: NZD/USD Post-RBNZ Breakout Levels
New Zealand Dollar surged +1.24% off fresh yearly lows with the post-RBNZ rally now eyeing trend resistance. The levels that matter on the NZD/USD technical charts.
Transparency, accountability, progress: Quantifying the S in ESG
Investors are continuing to seek out transparency and solutions, now with more insistence and organization.
Why new electric vehicle index weights China’s Nio more than Tesla
As China revs up its EV production, the newly-introduced Bloomberg Electric Vehicles Index tracks a basket of stocks involved in the growing adoption of EVs.
EUR/USD Technical Outlook: Big-picture Topping Pattern Potential
The Euro is sitting on big support at this time via the neckline of a broad head-and-shoulders pattern; watching to see if it will break.