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Global Equity Wrap: Dow Jones, Dax 40, FTSE 100 Outlook

Posted by By 23/08/2022Posted inForex
Dow Jones (DJI) price action finds support while the Dax 40 manages to limit the downward move. FTSE 100 downtrend gains traction as sentiment turns bearish.
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US Dollar Cools Off and Equities Fly as Flash PMIs Heavily Disappoint

Posted by By 23/08/2022Posted inForex
US economic data comes in well below expectations which sees the Dollar retreat slightly from recent highs.
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S&P 500 and Nasdaq 100 Technical Outlook: The Fall Before the Fall

Posted by By 23/08/2022Posted inForex
U.S. stocks have taken a hard hit and this may be the beginning of a larger decline; watch how strength unfolds when it arrives.
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WTI Crude Oil Outlook: EIA Storage Data and OPEC ‘Supply Cuts’ Lift Oil

Posted by By 23/08/2022Posted inForex
‘Supply cut’ remarks from the Saudi Energy Minister helped create a low for WTI. Oil prices are likely to remain supported ahead of inventory data today and tomorrow
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US Dollar (DXY) Looks Overstretched, EUR/USD and GBP/USD Latest

Posted by By 23/08/2022Posted inForex
The US dollar rally has hit the pause button after seven days of hefty gains that powered the greenback to levels last seen 20 years ago.
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GBP Breaking News: Mixed UK PMI Data, Pound Bid but Not Out of the Woods

Posted by By 23/08/2022Posted inForex
GBP/USD found some much needed support after UK PMI services figures propelled cable from its yearly lows.
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EUR Breaking News: Lackluster Eurozone PMI adds Further Pain to EURUSD

Posted by By 23/08/2022Posted inForex
Eurozone business activity down for a second month with services grinding to a halt as price pressures mount on consumers.
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Canadian Dollar Lifted by Crude Oil Bounce. Will USD/CAD Go Higher?

Posted by By 23/08/2022Posted inForex
The Canadian Dollar benefitted from crude oil reversing Monday's early loss as higher energy prices hit the Euro and British Pound. Where to for USD/CAD?
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Gold and Silver Prices Down for 6 Days. Will Support Hold Before Jackson Hole?

Posted by By 23/08/2022Posted inForex
Gold and silver prices are now down for 6 days in a row as traders price out a 2023 Fed ‘pivot’ ahead of this week’s Jackson Hole Economic Symposium. Will…
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Crude Oil Price Boosted by Saudi Arabian and OPEC+ Rhetoric Trumping any Iran Deal

Posted by By 23/08/2022Posted inForex
Crude oil got a lift from comments overnight from the head of OPEC+ and its largest member state, Saudi Arabia. Will growth concerns be overcome for WTI?
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