Do NQ100_m bears have a chance as NFP looms?

  • NQ100_m shaky ahead of Friday’s US NFP
  • Momentum Oscillator reveals a negative divergence
  • Prices could hit 3 possible targets if 14699.6 higher bottom is breached
  • Bearish outlook invalidated if resistance at 15294.0 is broken

The NQ100_m index has been dominated by bulls since April, but bears may have a chance to take over the reigns as a lower top has formed at a strong weekly resistance level. Hawkish minutes from the Federal Reserve’s June policy meeting could supp

Nasdaq 100 Technical Analysis SMA MACD Federal Reserve inflation NFP

Markets Slip Ahead Of Fed Minutes, US NFP In Focus

  • Asian markets hit by China growth fears
  • Sentiment cautious ahead of Fed minutes
  • Friday’s US nonfarm payrolls report in focus
  • Gold remains on standby mode

Most Asian shares flashed red on Wednesday, with Chinese markets under renewed selling pressure after disappointing PMI

Technical Outlook: FX & Commodity Mashup

  • EURUSD remains a choppy affair
  • GBPUSD waits for fresh spark
  • Time for USDJPY to push higher?
  • USDCAD in breakout mode
  • Gold approaches resistance

The market mood was mixed on Tuesday as investors turned cautious ahead of another busy week

Dollar index EURUSD GBPUSD AUDUSD USDJPY Oil Gold

Trade Of The Week: Bears Set To Tighten Grip On Gold?

  • Potential volatile trading week for gold
  • Precious metal shed roughly 2.5% in Q2
  • Scales of power seem to be swinging in favour of bears
  • Watch out for Fed minutes and US jobs report
  • How prices react around $1900 could set tone

Thi

Gold Federal Reserve NFP SMA MACD Rates Risk

Week Ahead: Can AUDUSD stay above 0.660?

  • AUDUSD set to post 1.8% climb in June - first monthly gain since January 2023
     
  • Bloomberg's FX model forecasts trading range of 0.6524 – 0.6732 for AUDUSD in first week of July
AUDUSD Reserve Bank of Australia RBA Aussie rate hikes China PMI FOMC Federal Reserve fed minutes

2023 Predictions: Mid-year Scorecard

What an eventful first half it’s been.

Coming into 2023, no one would’ve expected a banking crisis on either side of the Atlantic (recall how SVB and Credit Suisse collapsed), nor being a whisker away from a civil war in Russia.

But traders and investors have taken things in stride, weathering bouts of volatility and uncertainty.

 

2023 Outlook Gold USDJPY China inflation Fed rate hike Bank of Japan

Fed's stress test to mess with WSt30_m?

  • Fed to release bank stress test results after US markets close today
     
  • 2023’s test comes after several US banks, including SVB, collapsed in March
     
  • WSt30_m index may be dragged lower on weaknesses uncovered/tighter capital rules for US banks

 

Federal Reserve Dow Jones index Silicon Valley Bank

Stocks cautious ahead of central bank pow-wow

  • NQ100_m attempts to stabilise around 21-day SMA after recent losses
     
  • Recession fears weigh on "expensive" US stocks
Stocks tech stocks Nasdaq 100 S&P 500 central banks rate hikes inflation

Trade of the Week: EURUSD to suffer another inflation scare?

  • Blomberg FX model: 74% chance EURUSD will trade within 1.0784 - 1.1010 this week.

  • Traders to react to Powell vs. Lagarde comments due June 27-28

  • EURUSD typically sees 38% larger 1-day move on European CPI release days

EURUSD Euro US Dollar European Central Bank Christine Lagarde Fed Chair Jerome Powell Federal Reserve inflation Germany eurozone

Week Ahead: ECB Forum & Inflation data in focus

Watch this space because financial markets could end the first half of 2023 with a bang!

Investors will be served another platter of top-tier reports from major economies and key risk events. However, the main focus may be the European Central Bank’s three-day forum in Portugal’s Sintra which kicks off on Monday.

Here is a list of key economic releases and events for the coming week:

ECB Sintra BoE BoJ Federal Reserve Powell inflation stock Markets
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