S&P 500, NDX Weekly Price Forecast: Higher Yields Weigh on Stocks Ahead of US CPI
The S&P 500 index and NASDAQ 100 head into the week on the backfoot with singular focus on the U.S. CPI report.
The S&P 500 index and NASDAQ 100 head into the week on the backfoot with singular focus on the U.S. CPI report.
U.S. consumer sentiment extends its recovery in February, rising for the fourth consecutive month and reaching its best level since January 2022, a sign that a hard landing may be avoided.
The German Dax has fallen below 15400, down by 1.64% for the day. With prices dropping below 15500, the CCI has fallen from overbought territory.
DXY has consolidated after the impulsive surge on the back of massive beats in NFP jobs data and a healthy services sector of the local economy. Where to from here?
XAU/USD price action reveals some bearish technical indications as markets await key U.S. economic data.
The Japanese government is said to be looking at appointing a former member of the Bank of Japan Policy Board, Kazuo Ueda, as the next head of the central bank
The UK economy stalled in the last quarter of 2022 with 2023 set to provide a host of challenges.
The Swedish Krona rallied after the Riksbank raised rates and upped the ante on hawkish rhetoric that also gave the Norwegian Krone a boost. Will EUR/SEK continue lower?