Crude Oil Prices Up, Gold Down as Markets Cheer US-Mexico Detente
Crude oil prices rose with stocks while gold prices fell as the US Dollar rose with bond yields after the White House shelved a plan to impose tariffs on Mexico.
USDCAD Rate Eyes April-Low Ahead of NFP, Canada Employment Report
USDCAD continues to give back advance from the April-low (1.3274) ahead of the NFP report as Federal Reserve officials change their tune.
Gold Price Gains May Be Fleeting as US Dollar Reclaims Haven Bid
Explosive gold price gains may be fleeting as market turmoil continues even as traders run out of room to price in a more dovish Fed, allowing the US Dollar to rebound.
Crude Oil Prices May Fall as Feds Powell Cools Rate Cut Bets
Crude oil prices may fall further after hitting a four-month low as Fed Chair Powell talks down imminent rate cut speculation, souring investors mood market-wide.
Gold Prices Eye ISM Data as USD Weighs Fed Outlook, Haven Demand
Gold prices scope to build on recent gains hinges on the Dollar as it weighs conflicting cues from Fed rate cut bets and haven demand. Manufacturing ISM data is in focus next.
Crude Oil Prices May Fall Further on Trade Wars, Oversupply Fears
Crude oil prices may continue to fall after hitting a three-month low as trade war escalation weighs on the outlook for demand even as US inventories swell.
Gold Prices May Break Out as US GDP Data Shapes Fed Outlook
Gold prices are coiling up for a breakout, with a revised set of first-quarter US GDP figures lining up as a would-be catalyst.
US Dollar Steadies as May FOMC Minutes Detail “Patient” Approach
The May FOMC minutes detailed a reserved conversation among policymakers who believed that patience on rates would be appropriate for the foreseeable future.
Gold Prices May Drop as FOMC Minutes Cool Rate Cut Speculation
Gold prices may fall as minutes from Mays FOMC monetary policy meeting cool interest rate cut speculation and offer a boost to the US Dollar.
Yen and Dollar May Rise as Stocks Fall on US Jobs Data
The Yen and Dollar may rise as stocks drop, triggering a break of key support for the bellwether S&P 500 index, if Aprils US employment data falls short of expectations.
USDCAD Breakout Stalls Ahead of US NFP Report as GDP Fails to Impress
USD/CAD may continue to consolidate ahead of the U.S. Non-Farm Payrolls (NFP) report on tap for May 3 as it snaps the series of higher highs & lows from earlier this week.
DXY Index Eyes Breakout to Fresh Highs; EURUSD, GBPUSD Pressured
US Dollar strength is rolling through markets today, pushing the DXY Index to the highs seen in November and December 2018 and March 2019.
EURUSD Rebound Vulnerable to Strong U.S. Consumer Price Index (CPI)
Updates to the U.S. Consumer Price Index (CPI) may spur a bullish reaction in the dollar as the headline reading is projected to increase to 1.8% from 1.5% in February.
Tech Sector: Highest Ratio to the S&P 500 Since Dot-Com Bubble
The S&P 500 tech sector has pressed to new heights. Meanwhile, trading volume for the index reached a 5-month low ahead of tomorrows central bank double-header.
US Dollar Price Forecast: FOMC Minutes May Stoke Bearish Bias
The US dollar is drifting lower ahead of the latest FOMC minutes, and with US Treasury yields also slipping, a dovish outtake could fuel the next leg lower.
S&P 500 Outlook: Dark Clouds Forming Over US Markets
An inverted yield curve, record buybacks and a buyback-blackout period look to cast a shadow over the S&P 500 and other US equity markets.
Dow Jones Forecast: History Suggests FOMC Policy May Buoy Index
Historical performance suggests the Feds accommodative monetary policy may outweigh growth concerns, thereby bolstering the Dow Jones.
US Dollar May Rise Despite a Defensive Turn in Fed Guidance
The US Dollar may rise despite a defensive turn in official Fed policy guidance as worries about slowing global growth stoke risk aversion and boost haven demand.
Gold Prices at Risk as Cautious FOMC Stokes Global Slowdown Fears
Gold prices may be at risk as a defensive pivot in Fed forward guidance leaves the markets policy bets broadly intact but stokes global slowdown fears.
Yen Up, S&P 500 Chart Warns of Topping Before Fed Rate Decision
The anti-risk Japanese Yen is up while the near-term S&P 500 chart setup shows signs of topping ahead of the much-anticipated FOMC monetary policy announcement.
