Weekly Fundamental Euro Forecast: Shifting ECB Hike Odds Prove Supportive
The ECB has come to terms with the fact that it will need to raise interest rates this summer.
The ECB has come to terms with the fact that it will need to raise interest rates this summer.
The worst losing streak for the S&P 500 since 2001 will continue to keep traders on their toes. US data could underscore a hawkish Fed, bolstering the US Dollar at the expense of gold. The RBNZ is …
The S&P 500 could remain biased to the downside in the coming days on overly bearish sentiment. The April US PCE report could be the next big catalyst for stocks.
Gold prices managed to rise last week – snapping a month-long losing streak – but hawkish guidance from the world’s top central bankers may put the yellow metal back on defense.