Weekly Equities Forecast: JP Morgan, Wells Fargo, Citigroup
July 8, 2024 09:12 AM
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Nasdaq 100 Forecast: QQQ rises ahead of a data-heavy week
U.S. stocks are heading for a modestly strong start to December after posting solid gains in the previous month. The mood is cautiously upbeat as traders return from the extended Thanksgiving weekend break, despite more trade tariifs threats from Trump over the weekend. This week is a busy week for economic data, with Friday's NFP a kay focus ahead of the December Fed meeting.
USD/JPY forecast: Currency Pair of the Week – December 2, 2024
With a jam-packed calendar this week, including, ISM Manufacturing and Services PMIs, the closely watched JOLTS Job Openings report, and the monthly Non-Farm Payrolls report to come, traders are bracing for volatility. These data points are expected to influence the USD/JPY forecast, especially with both the Fed and BoJ policy decisions looming in December.
EUR/USD, FTSE Forecast: Two trades to watch
EUR/USD falls amid French political uncertainty, FTSE inches higher after strong Chinese manufacturing data, but UK data disappoints.
Trade ideas
USD/JPY forecast: Currency Pair of the Week – December 2, 2024
Today 01:28 PM
USD/JPY forecast: Payrolls pivotal for bullish bond breakout, yen rally longevity
November 30, 2024 12:00 PM
USD to JPY forecast: USD/JPY drops sub 150 ahead of key us data
November 29, 2024 05:53 PM
EUR/USD forecast: Forex Friday – November 29, 2024
November 29, 2024 12:43 PM
USD/JPY: Inflation surprise fuels yen surge, 200DMA break boosts downside risks
November 29, 2024 01:55 AM
Equities week ahead: Salesforce, Lululemon, Berkeley Group
Earnings this week from Salesfore, Lululemon and Berkeley Group are in focus
Bullish bets on the yen continue to gain traction: COT report
We may have seen an important swing low on the yen looking at the change of speculative market positioning. And that could see a much deeper pullback on USD/JPY.
AUD/USD weekly outlook: Can seasonality save the Aussie?
AUD/USD has done a poor job of tracking its seasonality overall this year so far. And given it’s taking its directional cue from China while any pullback on the USD may be limited, I'm not hanging my hat on a particularly strong December for AUD/USD.
Crude Oil Week Ahead: OPEC Meeting, Key US Data, and Key Levels
Crude Oil Week Ahead: Crude oil faces volatility risks ahead of the OPEC meeting, now rescheduled for Wednesday to accommodate all members and avoid a clash with the Gulf Summit. Sideways price movements persist, leaning towards a bearish bias for 2025.
USD/JPY forecast: Payrolls pivotal for bullish bond breakout, yen rally longevity
A bullish breakout in US bonds has sent USD/JPY tumbling below 150, with payrolls now poised to decide whether the yen’s surge gains momentum or fizzles out. Could this be the pivotal moment for bond markets and the Fed's rate path?
Pound Forecast: GBP/USD posts its strongest week since September. Can it continue rising?
GBP/USD held steady on Friday but is on track for its largest weekly rise since mid-September as the US dollar gave back some of its Trump victory gains.
EUR/USD forecast: Forex Friday – November 29, 2024
We will maintain our bearish EUR/USD forecast for the time being. This pair remains rooted in a bear trend, not just because of the threats of tariffs in 2025, but more so because of weakness in the eurozone economy and therefore the potential for more ECB rate cuts than from the Fed in the US, where even a December rate cut is not fully priced in, let alone cuts in 2025, after Trump’s election victory.
USDJPY Forecast: Yen Strengthens Ahead of NFP Week
USDJPY Forecast: Friday's rise in Tokyo CPI from 1.8% to 2.2% drove USDJPY below the critical 150 level. A pivotal week of US economic data ahead, including ISM PMIs and Non-Farm Payrolls, is set to heighten volatility risks for the pair.
USD/JPY: Inflation surprise fuels yen surge, 200DMA break boosts downside risks
USD/JPY is tumbling, breaking through its 200-day moving average after Tokyo’s inflation data shocked to the upside. With US Treasury yields losing steam and thin markets amplifying moves, traders are eyeing a deeper downside flush. Could the yen’s resurgence have more room to run?
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