Monthly Forex Seasonality – July 2021: Good for Gold, US Stocks; Bad for US Dollar
“Sell in May and go away” hasn’t been a real phenomenon for the US S&P 500 in recent years.
Oil – US Crude IG Client Sentiment: Our data shows traders are now net-long Oil – US Crude for the first time since Jun 29, 2021 14:00 GMT when Oil – US Crude traded near 7,317.30.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil – US Crude-bearish contrarian trading bias.
Gold Price Forecast: Gold Bulls Make a Push from Neckline Support
Gold found support at a double-bottom neckline and has since rallied by more than $60 off of the lows.
Silver Price Forecast: Twirling Towards Freedom – Levels for XAG/USD
Silver prices continue to hold within their multi-month ascending triangle.
Bitcoin $30,000, long bond 2% may define 2H: BI crypto assets
With a gain of 15% this year, we see Bitcoin primed to gain ground in 2H on the Bloomberg Galaxy Crypto Index (BGCI), up 80% so far in 2021.
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.
Oil Q3 Technical Forecast
Oil drifted higher throughout Q2 despite worsening pandemic conditions. What to expect in Q3?
Iron Ore to Rise Further as US Infrastructure Deal Aids Recovery Outlook: Q3 Top Trading Opportunities
Iron ore prices look primed to rise further in Q3 as a developing US infrastructure plan underpins an already bright outlook amid a global recovery.
Gold Q3 Fundamental Forecast: Outlook Deteriorates for Gold Prices
Over the past five years, gains by US real yields have been generally correlated with losses by gold prices.
AUD Q3 Technical Forecast: AUD/USD Breaks Yearly Range Support- Looking for a Low in Q3
Heading into the second quarter, our forecast highlighted that Aussie had failed a stretch into critical resistance at 8004/65- a region defined by the 2004 swing high, the 2010 low and the 2017/20…