• October 30, 2023
  • Market News
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Crude Oil Steadies as Markets Assess Middle East Risks Ahead of the Fed

The crude oil price is struggling for direction as the uncertainty for energy supply going forward weighs on sentiment. US Dollar gyrations are also dominating markets as the Fed decision looms....
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  • October 30, 2023
  • Market News
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Canadian Dollar Outlook After BoC Stands Pat: USD/CAD, EUR/CAD, AUD/CAD

CAD is testing the lower end of the past one-year range against USD after BoC governor last week indicated that interest rates may have peaked. What is the outlook for USD/CAD, AUD/CAD, and EUR/CAD?...
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  • October 30, 2023
  • Market News
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Gold Price Jumps Hurdles Ahead of Fed and Despite a USD Rally. Higher XAU/USD?

The gold price steadied to start the week after climbing to a five-month peak last Friday. The precious metal has overcome higher Treasury yields and a solid US Dollar....
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  • October 30, 2023
  • Market News
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Markets Week Ahead: Nasdaq, Gold, US Dollar; FOMC, BOJ, BoE, China PMI, Euro Area Inflation, US Jobs

Key focus in the coming week will be on the Q3 earning season, the Fed, the BOJ, and the BoE interest rate decisions. In addition, geopolitical developments in the Middle East and global manufacturing activity data will be closely watched....
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  • October 27, 2023
  • Market News
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Nasdaq 100 Finds Spark Thanks to Amazon Ahead of Fed. Dead Cat Bounce or Not?

Nasdaq 100 gains after bouncing off technical support, boosted by Amazon’s strong rally. Still, the nascent recovery could be in jeopardy if the Fed keeps a hawkish stance in its upcoming meeting next week....
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  • October 27, 2023
  • Market News
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USD Breaking News: Dollar Index Slides as PCE Data Declines in Line with Estimates

The US Dollar rally stalled at a key inflection point once more as US PCE Data failed to provide a catalyst for USD Bulls. PCE data was largely in line with estimates keeping the DXY rangebound ahead of the FOMC meeting next week...
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  • October 27, 2023
  • Market News
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Gold, Oil Trajectories Lose Momentum Despite Threat of Escalation

Gold is on track to end the week marginally higher despite no clear signs of tensions abating in the Middle East. Oil markets sensitive to poor EU data...
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  • October 27, 2023
  • Market News
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FTSE 100, DAX 40 and Russell 2000 Try to End Dismal Week on a Positive Note

​​Outlook on FTSE 100, DAX 40 and Russell 2000 amid heightened Middle East tensions....
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  • October 27, 2023
  • Market News
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Japanese Yen (USD/JPY) Testing 150 Resistance Ahead of Bank of Japan Policy Decision

Next week’s Bank of Japan meeting is likely to be one of the most interesting meetings in years as the Japanese central bank mulls tightening monetary policy...
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  • October 27, 2023
  • Market News
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Asian Indices Test Support Ahead of FOMC: Hang Seng, Kospi, Topix Price Setups

Asian equities indices are testing key support ahead of next week’s US FOMC meeting. What is the outlook for the Hang Seng Index, Kospi, and Topix and what are the key levels to watch?...
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