Investors are sitting on their hands ahead of the ECB and BoJ meetings. Apple plans to slow hiring and spending growth next year. On the charts, the price of ES oscillates between 3906.75 and 3746.25. Today’s E-mini S&P 500 (ES) futures outlook is slightly bullish as investors grapple with indecision amid a few macroeconomic and Read More…
Investors expect a 75 basis point rate hike from the Fed next week. The ECB is expected to raise rates for the first time this week. Vulnerable Eurozone countries are facing possible recession. The market outlook for Euro (6E) futures price remains bullish as markets change their Fed hike expectations from 100bps to 75bps. Consumer Read More…
The inflation hedge is no match for rising interest rates in the US. The dollar rally might continue for quite some time. Bears are gathering momentum to potentially break below 1700. Today’s gold (GC )futures outlook is bearish as investors favor the more profitable dollar. In times of crisis and significantly rising inflation, the yellow Read More…
High US inflation rate is fueling recession worries that might hurt demand. COVID-19 is coming back to Asia, which could lead to restrictions. The soaring dollar is making oil expensive. Today’s crude oil (CL) futures price is bearish owing to the increase in demand worries in the global market. The first thing fueling demand worries Read More…
ES Futures might fall further if earnings disappoint. US inflation data might push the Fed to raise rates faster. In the charts, bears have returned. Today’s outlook for E-mini S&P 500 (ES) futures is bearish as investors worry over earnings amid the economic slowdown. The global economy has been hit in recent months, and most Read More…
Gold demand is going down as it gets more expensive for overseas buyers. Gold futures might only turn bullish if the Federal Reserve succeeds in controlling inflation. Gold futures are trading near September 2021 lows on the charts. Today’s price outlook for gold (GC) futures remains bearish as the dollar strength continues to hurt the Read More…
