• August 22, 2023
  • Market News
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​​Stock Indices Try to Regain Some of Last Week’s Losses

​​Outlook on FTSE 100, DAX 40 and S&P 500 amid S&P Global U.S. bank downgrades, U.S. long dated yields surging higher and Zoom beating estimates....
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  • August 22, 2023
  • Market News
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GBP Price Forecast: Potential for More Pound Strength

GBP/USD & EUR/GBP crosses could be setting up for additional pound vigor ahead of the Jackson Hole Economic Symposium....
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  • August 22, 2023
  • Market News
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Asian Indices Feel the Heat of Rising Yields: Hang Seng, Kospi, Straits Times Index Setups

The upward pressure in Asian indices appears to be fading fast amid rising global yields and a faltering post-Covid recovery in China. What is the outlook for the Hang Seng Index, Kospi, and FTSE Straits Times Index?...
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  • August 22, 2023
  • Market News
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US Dollar Looks Tired Ahead of Jackson Hole: EUR/USD, GBP/USD, USD/JPY Price Setups

The US dollar’s rally looks tired against some of its peers ahead of the Jackson Hole Economic Symposium beginning Thursday. What is the outlook for EUR/USD, GBP/USD, and USD/JPY?...
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  • August 22, 2023
  • Market News
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Asia Day Ahead: Heavy-Lifting from US Tech Overnight as Nvidia Results in Focus

The US 10-year Treasury yields touched a new 15-year high, but renewed traction towards tech shares ahead of Nvidia’s result release saw shrug-off from Nasdaq....
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  • August 22, 2023
  • Market News
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WTI and Brent Eye Slide as Overall Sentiment Flounders

Oil prices appear ready for a decent pullback amid China and recessionary fears. Will we finally achieve a sustained break back below the $80.00 a barrel mark?...
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  • August 22, 2023
  • Market News
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JPY Intervention Levels Assessed Ahead of Jackson Hole, Yen Offered

Yen weakness continues on Monday after clawing back some losses last Friday. Markets may look to test 150 after Suzuki clarifies concern over yen volatility, not level...
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  • August 21, 2023
  • Market News
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Gold (XAU/USD) Remains Weak, Eyes Now on the Jackson Hole Central Banker Meet Up

Gold is down by $100/oz. over the last month and with little in the way of support on the chart, further losses may accrue...
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  • August 21, 2023
  • Market News
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GBP/USD with Modest Gains but Remains at the Mercy of the DXY

Cable puts in modest gains to start the week buoyed by a weaker Dollar Index (DXY). Will Central Bankers at Jackson Hole provide a catalyst for a breakout?...
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  • August 21, 2023
  • Market News
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Stock Indices Steady as PBOC Reduces its 1-Year Loan Prime Rate to a Record Low

Outlook on FTSE 100, CAC 40 and Nasdaq 100 as the People’s Bank of China seeks to strike a balance between helping the faltering economy and stemming further weakness in the yuan...
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