Will the Fed Save or Further Sink the S&P 500 and Nasdaq 100 this Week?
This week’s FOMC forward-guidance on the path of the tightening cycle will be key for risk assets and will set the trading tone on Wall Street in the near term.
This week’s FOMC forward-guidance on the path of the tightening cycle will be key for risk assets and will set the trading tone on Wall Street in the near term.
The US Dollar has just set a fresh 19-year-high as the Euro, Sterling and Yen are all in varying forms of meltdown mode against the Greenback.
USD/CAD may attempt to test the 2021 high (1.2964) as the Relative Strength Index (RSI) looks to push into overbought territory for the first time in 2022.
The Nasdaq was a falling knife yesterday and sliced through a major spot of chart support. The index is bouncing this morning but have bears already had their day?
April’s ISM Manufacturing PMI came in slightly lower than expected, indicating manufacturing activity in the US is slowing slightly.
Crude oil continues to bounce around in a range amid Russian energy concerns and global growth uncertainties. Which way will oil break?
Oil prices surged in the first quarter on Russian sanctions and a rebound in global demand. China’s largest Covid outbreak since the pandemic started and a more aggressive Fed may halt the rally.
The Australian Dollar is under the pump as the US Dollar runs riot through markets with the Fed bracing for higher rates. Will RBA action be enough to lift AUD/USD?