DAX 40 Recovers as Risk Sentiment Sways Markets Ahead of Fed Meeting.
Germany's DAX 40 index has been caught up in swings of global risk sentiment as concerns of Chinese slowdown weigh on markets ahead of next week's Fed meeting.
Crude Oil Prices Eye Beijing Lockdowns as PBOC Action Fails to Lift Sentiment
Oil prices in the Brent and WTI benchmarks steadied this morning after dropping on Monday as Covid jitters take hold as Beijing locks down. The API and EIA inventory data…
Euro Technical Outlook – EUR/USD and EUR/NOK on Diverging Paths
The Euro has been losing ground to the US Dollar while gaining against the Norwegian Krone. Can the EUR/USD steady itself before making new lows?
S&P 500 Stages Strong Comeback, ASX 200 Risks Being Left Behind on Chinese Lockdowns
The S&P 500 rallied into the close to reverse a downside gap at the start of the week. Ahead, Australia’s ASX 200 remains vulnerable as Chinese Covid lockdowns continue to…
Canadian Dollar Forecast: USD/CAD Rally Materializes Ahead of April Low
USD/CAD appears to have reversed course ahead of the April low (1.2403) as the exchange rate extends the series of higher highs and lows from last week.
USD/CNH Price Forecast: Beijing Lockdowns Pressure Yuan as PBOC Monitors
The Chinese Yuan fell sharply versus the US Dollar overnight, extending its slide as Beijing expanded its Covid lockdown to additional districts. Japan's March unemployment rate is due out this…
AUD/USD Rate Clears March Low Ahead of Australia Inflation Report
The update to Australia’s Consumer Price Index (CPI) may curb the recent selloff in AUD/USD as inflation is expected to increase for two consecutive quarters.
FX Week Ahead – Top 5 Events: US Durable Goods; Australia Inflation Rate; BOJ Rate Decision; US GDP; Eurozone Inflation Rate
The Federal Reserve is in its communications blackout window, elevating the importance of US economic data in the days ahead.
Earnings Preview – Will Microsoft and Alphabet Rescue the Nasdaq 100 and S&P 500?
Microsoft and Alphabet will announce corporate results on Tuesday. Their quarterly performance and, more importantly, earnings guidance may set the tone for the broader market in the near term.
European Market Update: DAX, CAC & FTSE Dragged Down, Equities Sink
Global equities turn red as risk sentiment sours. Gloomy economic outlook and the probability of aggressive rate hikes drag DAX, FTSE and CAC lower.