Volatility has seen the Dow Jones, Nasdaq 100 and DAX 30 bounce wildly between technical levels. Short of a break beneath longstanding resistance, however, the outlook remains constructive.
The US Dollar may continue to gain ground against its Canadian counterpart as a noticeable pickup in inflation fuels tapering bets ahead of the NFP report for January.
Gold prices may continue to sink as US employment and wage inflation data encourage more active speculation about the timeline for Fed stimulus withdrawal.
The Indian Rupee rose as the Nifty 50 slightly fell after the RBI left benchmark rates unchanged despite recent weakening inflation and a massive fiscal spending plan. Will USD/INR bounce?
The S&P 500 and Dow Jones indices closed at record highs on stimulus progress, while the US Dollar rose ahead of NPFs. Short-video app Kuaishou is debuting in HK today,…