Abstract:After a week of dovish ECB, a US GDP beat and unexpected headlines from President Trump; we now move into a second week of heavy scheduled and unscheduled event risk. The FOMC rate decision is an event that will stretch to all corners of the financial system and the focus
Gold Prices May Suffer if FOMC Undermines Dovish Expectations
Gold prices may look increasingly overpriced if the FOMC rate decision and commentary fall short of the markets comparatively more dovish expectations, opening the door to weakness.
Australian Dollar Could Struggle as Crucial Inflation Data Loom
Australian Dollar market focus has returned with a vengeance to domestic monetary policy prospects. Its likely to stay there this week, which is bad news for resurgent bulls.
Euro Weekly Forecast: ECB Stimulus Primed and Ready as Outlook Sours
The outlook for the Euro-Zone economy remains gloomy and with fresh central bank stimulus on the way, the path of least resistance for the Euro remains lower.
Dow Jones, Nasdaq 100, S&P 500, DAX 30, FTSE 100 Forecast
Earnings season continues next week, but a series of central bank decisions will look to wrestle the markets focus back to monetary policy.
US Dollar Seems to be Biased Upward on FOMC Rate Decision
The US Dollar seems more likely to rise than fall after the FOMC monetary policy announcement even as an interest rate cut is overwhelmingly expected.
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As we head into the second quarter earnings report season, the U.S. equity market is poised to capture significant attention. Recent geopolitical events, particularly the unconfirmed reports of an explosion in Iran's third-largest city last Friday, have injected volatility into commodities prices and bolstered the appeal of safe-haven assets like the U.S. dollar and Japanese Yen.
The market was roiled by unconfirmed reports of explosions in Iran, Iraq, and Syria, adding to the already tense atmosphere following Iran's recent attack on Israel over the weekend. Anticipation of potential retaliation from Israel contributed to heightened nervousness in the markets throughout the week. Gold prices surged above the $2400 mark, while oil prices saw a gain of over 4% in the Asia opening session on Friday
The week ahead: Traders on the backfoot ahead of a quiet week
This week, the Italy financial regulator CONSOB issued a warning against an unlicensed broker named Broker Capitals. When we clicked on Broker Capitals' website, its logo, trade name, and design seemed familiar to us.