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…
Investors have become hesitant to “buy the dip” ahead of US inflation. Investors expect US core inflation to confirm a peak in inflation. NQ price is sitting on strong technical support. Today’s price analysis for E-mini Nasdaq 100 (NQ) futures is bearish as investors worry over possible recession ahead of US inflation data. “(Investors are) 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…
China has discovered a new Omicron subvariant. Oil prices are falling in anticipation of new restrictions in China. BOC is expected to deliver a 75bps rate hike. Today’s outlook for the Canadian dollar (6C) futures is bearish as there are new demand worries after China discovered a highly transmissible Omicron subvariant. The number of infected Read More…
