Canadian Dollar Vulnerable to Another Slowdown in Canada CPI
The update to Canada’s Consumer Price Index (CPI) may keep USD/CAD afloat as inflation is expected to slow for the third consecutive month.
S&P 500, Nasdaq 100 Soar Ahead of Netflix Earnings. What Should Traders Expect?
US stocks rallied on Monday as good quarterly results from banks helped offset extreme pessimism about the outlook. Netflix’s earnings on Tuesday could be a key catalyst for the tech…
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update
Rates markets see greater than a 100% chance of a 75-bps rate hike in November.
FX Week Ahead – Top 5 Events: Chinese National Congress; Canada, Eurozone, New Zealand, UK Inflation Rates
Inflation data is squarely in focus in the coming days.
Gold Price Forecast: Stuck Below Critical Resistance – Levels for XAU/USD
Gold prices have not been able to hold onto gains in a meaningful way.
British Pound Outlook: GBP/USD Soars as Truss Hastens Efforts to Regain Credibility
The British pound rallies after the UK government announces it will reverse almost all of the unfunded tax cuts announced in the mini-budget in order to restore fiscal credibility.
Fedspeak Schedule for the Week Ahead
FOMC speakers are back as markets yearn for information following last week’s hot CPI print.
Dax 40 Outlook: USD Weakness, Lower Yields Drive Stocks Higher
Stock futures have continued to trade higher as USD weakness and lower yields boost demand for risk assets. With earnings season underway, can Dax hold gains?
S&P 500, Nasdaq, Dow Jones Price Action Setups
Friday flops into Monday pullbacks? US equities closed near lows last week but bulls are making a forward push as we get deeper into earnings.
US Dollar Technical Analysis: Lower-high Confirmation in Progress
The DXY is rolling over after a sharp reversal last week that is poised to mark a lower-high from the September high.