Markets weekly outlook - Data dump ahead as tariff concerns linger This weekly market outlook covers global stock optimism due to easing US-China trade tensions, despite mixed messages. Upcoming high-impact data releases from various regions could raise recession fears. Gold declined as safe haven flows decreased, while Bitcoin surged. The US ...
UK retail sales beat forecast, pound edges lower UK retail sales surprised on the upside, with an increase of 0.4% m/m in March. Still, consumer confidence worsened in April as consumers are anxious about the cost of living and worsening global trade tensions. In the US, UoM consumer ...
Yen loses ground as Tokyo core CPI hits 2-year high Tokyo Core CPI surged to 3.4%, up sharply from 2.4%. The BoJ is expected to hold rates in May, with a rate hike expected in June or July. The UoM consumer inflation expectations index is expected to hit 6.7%, up ...
Oil News: WTI crude oil remains bearish on oversupply fears WTI remains bearish, failing to break above the 21-day EMA. Risk sentiment still weighs heavily on crude oil amid ongoing trade negotiations. If price slides lower, next target likely to be ~$61.51.
Europe's Opening Bell: Risk assets gain as optimism over US-China trade deal rises European markets surge on US-China trade optimism, boosting global stocks. Tech stocks rise following Alphabet's strong earnings. Gold prices decline as risk appetite increases, while oil sees modest gains amid supply concerns. UK wage data is released but market focus ...
British pound climbs, UK retail sales eyed The British pound is in positive territory after two consecutive days of losses. UK retail sales is expected to decline in March and UoM inflation expectations are projected to rise to 6.7%.
USD/CHF Analysis: Will Swiss National Bank (SNB) act on CHF surge? Will there be any response by the SNB following the recent surge of the Swiss Franc (CHF) against the USD? We explore a potential intervention by the Central Bank given the impact on Swiss exports and price stability. The ...
US Opening Bell: Trade tensions, earnings reports, and Dow Jones analysis US stock futures dip as trade tensions and mixed earnings reports weigh on investor sentiment. Dow Jones analysis shows a rejection at key resistance. Economic data and major company results, including Procter & Gamble and Alphabet, are in focus. Deutsche ...
Japanese yen rebounds after corporate service inflation beats estimate The yen has recovered on Thursday after sharp losses a day earlier. Japan will release Tokyo Core CPI on Friday, which is expected to jump to 3.2% from 2.4%. The US dollar posted sharp gains on Wednesday after President Trump ...
Europe's Opening Bell: Relief rally loses steam as Trump administrations u-turns raise concerns Europe's markets waver as US-China trade uncertainty persists. Mixed signals from the Trump administration create market volatility. Gold rallies on safe-haven demand amid fluctuating sentiment. Investors await German Ifo data and US earnings reports. Gold's technical chart shows potential for ...
Asia Mid-Session Bell: “US-China de-escalation optimism” fades with bearish technical elements in US stock indices The US White House's inconsistent messaging on trade tariffs led to an intraday sell-off in US stock indices, and the US dollar pared back some of it gains
US stocks rebound, Gold hits new high, Tesla profits plunge US stocks are sharply higher after President Trump said he would not fire Fed Chair Powell and that he would lower tariffs on China. Gold has hit a new high and Tesla earnings disappointed.
British PMIs slip, Trump says won't fire Powell UK services and manufacuturing PMIs fell into contraction territory, underscoring the weak UK economy. Equity markets have climbed after President Trump said he did not intend to fire Fed Reserve Chair Powell and said that tariffs on China would be ...
US Opening Bell: US stocks react to Trump's comments and earnings, PMI ahead US stocks surge following Trump's remarks and positive earnings. Tesla sees a 7% rise despite missing forecasts. Nasdaq 100 eyes a new high, while Bitcoin climbs past $90,000. Market sentiment shifts amid economic data and trade tension concerns. Get the ...
Euro under pressure as Services PMIs slip The euro is showing limited movement on Wednesday. Euro and German Services PMIs missed expectations and fell into contraction territory. Business acitivity has been hampered by US tariffs which have chilled the global economy landscape.
Europe's Opening Bell: President Trump, Bessent temper rhetoric which fuels optimism, risk assets rise Risk assets rise with improved market sentiment. Trump's comments boost confidence, trade talks show progress. DAX breaks key resistance, and US futures gain. Key economic data releases expected.
Asia Mid-Session Bell: “US-China de-escalation” optimism sparked a relief risk appetite revival Relief rebound seen in global stocks, safe haven Japanese yen, Swiss franc, and Gold took downside hits due to profit-taking activities.
Euro hits 3.5 year high, ECB closing in on inflation target ECB member Peter Kazimir said on Tuesday that he expected the ECB to achieve its 2% inflation target in the next few months.
Kazimir cautioned against projecting where monetary policy was headed because of volatile conditions in the market. US ...
US Opening Bell: US Indices on the front foot as earnings come into focus US indices rise ahead of the open. Political risk and earnings reports are key focuses. Gold prices hover around $3445/oz. The US Dollar Index shows signs of a potential recovery.
Yen extends gains, BOJ Core CPI lower than expected The Japanese yen continues to make inroads against the US dollar. Japanse inflation remains high and BoJ is expected to raise rates, although US tariffs have complicated matters and the timing of the next rate hike is unclear.
Dow Jones (DJIA) Technical Outlook: Value stocks do not provide a safe haven refuge A further steepening of the US Treasury yield curve may trigger a major bearish breakdown in the Dow Jones Industrial Average, where macro factors overshadowed the defensive nature of value stocks
Gold ETFs and retail investor activity: What's driving the XAU/USD surge? Gold (XAU/USD) surged to $3500/oz amid global uncertainties and Trump's Fed comments. ETFs hit record highs, but retail investor activity remains low, suggesting further potential. Technical analysis indicates overbought conditions, yet dip buying is expected. Trade deal news or changes ...
Europe's Opening Bell: Questions around Fed independence and tariffs weigh on sentiment, Eurozone consumer confidence... Concerns about Fed independence and tariffs impact market sentiment. Eurozone consumer confidence data is due. Asian stocks dip, and the dollar weakens. Gold hits highs amid uncertainty. DAX tests 200-day MA, and trade tensions linger between the US and China. ...
Asia Opening Bell: Sell-off in US stocks hit short-term oversold conditions, relief corrective bounce seen... The sell-off in US stock indices led to short-term oversold conditions. The S&P 500 and Nasdaq 100 E-mini futures staged a relief corrective rebound of 0.7% each in today’s Asian opening session, while Gold (XAU/USD) extended its gains to fresh ...
Australian dollar climbs, China holds key lending rates The Australian dollar has posted strong gains on Monday. The US dollar has retreated against the majors after President Trump threatened to fire Fed Chair Powell. China's central bank held key lending rates, reflecting strong economic data in April. ...
Yen surges to five-month high as US dollar under pressure The Japanese yen is sharply higher on Monday, as the US dollar has retreated against the major currencies. The dollar's decline follows renewed attacks by President Trump on Fed Chair Powell for not lowering interest rates. Last week, Powell said ...
Asia Mid-Session Bell: Risk-off coupled with renewed US dollar weakness as Trump reasserts threat to... Trump renewed his threat on the Fed's independence, casting doubts on the attractiveness and confidence of holding US assets, triggering another round of weakness in the US dollar, and US stock indices futures