Japanese Yen Forecast: USD/JPY Eyes 150 as US CPI Data and BoJ Rate Path Loom
Softer Japanese producer prices may ease inflation fears, dampening Q4 BoJ hike bets. US CPI data critical for USD/JPY trends.
Australian Dollar Forecast: Will AUD/USD Break Below $0.67 with Inflation in Focus?
Lower Aussie inflation expectations and RBA rate cut speculation may drive AUD/USD below $0.67, with US CPI data also impacting market sentiment.
US Dollar Forecast: Rises as Gold Slips and EUR/USD Hits Two-Month Low
Euro weakens to two-month low, Gold weakens as DXY climbs. Market braces for CPI data, with Fed’s next move still uncertain amid strong labor data.
NASDAQ Index, SP500, Dow Jones Forecasts – SP500 Tests Historic Highs As Traders Stay Bullish
Stocks continue to move higher after the release of FOMC Minutes.
Yields Rise as Fed Minutes Reveal Rate Cut Disagreement; Gold Falls on Inflation
Treasury yields climb after Fed minutes show disagreement on rate cuts; gold prices drop amid inflation concerns and market caution.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Gasoline Inventories Fall
Oil traders also focus on the situation in the Middle East.
Natural Gas News: Hurricane Milton Brings Volatility to Natural Gas Futures
Natural gas market braces for impact as Hurricane Milton disrupts demand. Lower power use and mild weather drive bearish sentiment in futures.
U.S. Dollar Tests Multi-Week Highs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
Forex traders reduce bets on dovish Fed, which is bullish for the American currency.
Gold, Silver, Platinum Forecasts – Gold Remains Under Pressure As Dollar Tests New Highs
Rising Treasury yields put additional pressure on gold markets.
Crude Inventories Increased By 5.8 Million Barrels
Gasoline inventories declined by 6.3 million barrels from the previous week.
Gold Price Forecast – Gold Markets Continue to Look Strong Long Term
The gold market pulled back just a bit in the early hours of Wednesday, as the market continues to see a lot of support near the $2600 level, and this is also an area where people will continue to try to defend the trend from what I see.
Bitcoin Price Forecast – Bitcoin Continues to Look For Direction
The longer term aspect of this market is certainly going to be bullish, but it will be slower than you are used to. Ultimately, this is a market that has now become more or less a bond ETF in its behavior, and I think this will be a massive wake
Silver Price Forecast – Silver Continues to See Selling Pressure
The silver market has been negative for a few days, and now it looks like we are going to continue to see a bit of support. The market has been noisy as of late, and as a result, this is the market that I am looking to pick up a
Italy: Fiscal Consolidation on Track But High Debt, Structural Weaknesses Persist
Italy aims to accelerate fiscal tightening to exit the Excessive Deficit Procedure earlier than expected, but high public debt, structural economic weaknesses and unfavourable demographics pose challenges.
Natural Gas Price Forecast – Natural Gas Continues to See Pressures From Above
The natural gas market continues to see a lot of noise above, as the market will continue to look at the $3 level as a magnet for price in this commodity market. The demand for natural gas should pick
Coded Estate’s Oversubscribed Angel Round Fuels Launch of Real Estate Hub on Nibiru Chain
Paris, France, 9th October 2024, Chainwire
PepeCoin Announces Exclusive Burn Event for BasedAI Network Integration
New York, New York, 9th October 2024, Chainwire
German Trade Surplus Widens to €22.5 Billion in August as Imports Slump
The widening trade surplus highlights a potential 2024 economic contraction as factory orders tumble and imports shrink.
Dow Jones 30 Price Forecast – Dow Jones 30 Continues to Look Consolidated
The Dow Jones 30 continues to see a lot of noisy behavior, as the market has spent some time digesting the recent rallies. After all, this is a market that I think will continue to see a lot of liquid
Silver (XAG) Forecast: CPI Data, Fed Minutes Set the Stage for Silver’s Next Move
Silver’s outlook hinges on Fed minutes and CPI data, with key support at $29.58 in focus. Will inflation signals drive a rally?
NASDAQ 100 Price Forecast – NASDAQ 100 Continues to See Supportive Action
The NASDAQ 100 continues to see a lot of buyers out there, and as a result, I think there are reasons to look for dips to get long again. Ultimately, this is a market that I think will continue to look at the 20,000 level, which of course is a
EUR/USD Forecast – Euro Continues to Bounce Around Rudderless
The euro continues to see a lot of sideways action over the longer-term, and at the moment, it looks like we are simply bouncing around from one large round figure to another. This is a pair that I use often to gauge what the US dollar is going to do
AUD/USD Forecast – Aussie Continues to Look For Buyers
The Aussie has found a bit of support in the region of the 50 Day EMA, which is also backed up by the 200 Day EMA. Ultimately, this is a market that continues to see a lot of action in a choppy manor, as the market will continue to look
Nasdaq 100 Forecast: Alphabet Falls on DOJ News, Tech Stocks Under Pressure
Tech stocks drag U.S. indices lower as Alphabet falls on DOJ action. Investors await Fed minutes for clues on future rate hikes and market direction.
