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....
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?...
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....
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....
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....
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...
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...
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...