Dow Jones Steady as Tech Stocks Rally, Hang Seng May Rebound
The Dow Jones closed modestly higher after a lab report showed Modena’s Covid-19 vaccine is effective against the Delta strain. The Nasdaq 100 hit an all-time high. APAC markets may…
Euro Stoxx 50 & IBEX 35 Outlook: Recent Rally at Risk as COVID Cases Rise Again
The recent rally in European equity benchmarks is at risk following a rise in new delta-variant COVID cases and fresh travel restrictions.
Australian Dollar Outlook: Delta Variant Weighs on Outlook, Chinese PMIs on Tap
The Australian Dollar moved lower against the Greenback overnight as investors become increasingly concerned over the spread of the highly transmissible Delta Covid variant. AUD/USD is eyeing Chine...
S&P 500 Looks to ISM Manufacturing for Next Price Action Driver – a Preview
June ISM manufacturing data will be released on Thursday. The results may provide clues about the state of the recovery and guide the near-term trajectory of the S&P 500.
US Dollar Price Forecast: DXY Breakout on Hold, Awaiting Catalyst
The US Dollar basket is in the midst of a potential longer-term breakout that has stalled as market activity drops. With a recent double bottom formation, the Dollar basket could…
NZD/USD Slips Back Below 200-Day SMA After Snapping Five Day Rally
The rebound from the fresh yearly low (0.6923) may continue to unravel as NZD/USD trades back below the 200-Day SMA (0.7045) after snapping a five day rally.
US Yields Going Which Way? Stocks Keep Climbing; Bitcoin Line in the Sand – The Macro Setup
Can the US Dollar keep gaining ground?
Bitcoin (BTC/USD), Ethereum (ETH/USD) Take on Tone of Recovery
Crypto markets are recovering from last week's breakdown move, with both Bitcoin and Ethereum putting in short-term higher-highs and lows.
Crude Oil Price Forecast: A Slow and Steady Grind Higher, but Red Flag Appears
The bull case for global growth remains, and energy should be in strong demand. But there's at least one near-term concern.
Gold Price Forecast: Gold Plunges to Critical Support- XAU/USD Levels
Gold plunged 1% into the weekly open with XAU/USD threatening a break below key support ahead of the June close/NFP. The levels that matter on the Gold technical chart.