US Dollar Technical Analysis: DXY Trying to Cross 21-yr Trend-line
The DXY is around a 21-yr trend-line and trying to climb above it towards the March 2020 highs.
FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Mar 17, 2022 when FTSE 100 traded near 7,381.50.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
Hong Kong bets on tax break to keep super-rich from Singapore
With some family office and wealth management businesses fleeing Hong Kong for Singapore, the Chinese territory is proposing a new tax exemption regime to fight back.
Harvest Global: China’s ESG issues need creative data solutions
More reliable sustainability data is key to global investors’ engagement in the Chinese capital markets, according to Thomas Kwan, Hong Kong-based CEO of Harvest Global Investments (HGI).
AUD/USD, JPY in Focus as APAC Trading Kicks Off as Fed Bets, BOJ Eyed
The Australian Dollar and Japanese Yen are in focus after hawkish Fed rhetoric supercharged the US Dollar last week. AUD/USD and USD/JPY’s direction may be telling for the week ahead.
Weekly Fundamental US Dollar Forecast: Up, Up, and Away
The US Dollar (via the DXY Index) closed last week at its highest level in two years, and a lot of that has to do with the Federal Reserve.
Markets Week Ahead: Dow Jones, EUR/USD, USD/JPY, AUD/USD, GBP/USD, EU CPI, BOJ, US GDP
Traders will continue to recalibrate trades after a hawkish shift in Fed rhetoric sent bond prices plummeting. European CPI data, US GDP growth and the Bank of Japan are in focus for the week ahead.
S&P 500, Nasdaq 100 Weekly Forecasts – Bond Yields Hammer Equity Sentiment
Heightened US interest rate hike expectations are weighing heavily on US indices. Will next week’s bumper crop of Q1 US earnings help to steady the market?
US Dollar Technical Forecast: EUR/USD, GBP/USD, AUD/USD, USD/JPY
It was a big week for the US Dollar. The currency finally started to pullback but bulls were unwilling to let that last for long, and prices pushed right back up to another fresh yearly high.
Crude Oil Forecast: Stronger US Dollar, Weaker S&P 500 Key Risks in the Week Ahead
Crude oil prices weakened as a stronger US Dollar and another drop in the S&P 500 undermined the sentiment-linked commodity. All eyes are on US GDP and the Fed’s preferred inflation gauge next.