Forecasts & Analysis |
NASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Gains Ground As Tesla Rallies 6%
SP500 SP500 180324 4h Chart SP500 is moving higher as traders react to the better-than-expected NAHB Housing Market Index report. The report showed that NAHB Housing Market Index improved from 48 in February to 51 in March, compared to analyst consensus of 48. The National Association of Home Builders expects
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As China’s Retail Sales Exceed Expectations
Natural Gas Natural Gas 180324 Daily Chart Natural gas did not manage to settle below the support at $1.60 – $1.65 as traders focused on cooler weather trends. From the technical point of view, natural gas is forming a tripple bottom pattern, which is a bullish sign. However, the market
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs As NAHB Housing Market Index Beats Expectations
U.S. Dollar DXY 180324 4h Chart U.S. Dollar Index gains ground as traders react to the better-than-expected NAHB Housing Market Index report. The report indicated that NAHB Housing Market Index improved from 48 in February to 51 in March, compared to analyst consensus of 48. In case U.S. Dollar Index
Nasdaq 100, Dow Jones, S&P 500 News: Tech Stocks Boost Market Ahead of Key Fed Decision
Positive Movements on Monday The US stock market experienced an uplift on Monday, driven by significant gains in major technology stocks. This rally occurred ahead of the much-anticipated meeting of the US Federal Reserve, despite a rise in bond yields to a three-week high. The expectation that the Federal Reserve
US Dollar (DXY) Index News: Traders Bracing for Central Bank Decisions
Overview The U.S. Dollar Index (DXY) is the focal point in a week filled with pivotal central bank meetings, including the much-anticipated interest rate and “dot plot” projections from the Federal Reserve, which are expected to heavily influence the trading landscape. U.S. Dollar Index and Global Central Banks The DXY
Natural Gas News: Counter-Trend Rally Amid Cooler Weather Forecasts
Counter-Trend Rally As natural gas prices near a multi-year low, Monday’s market saw a notable counter-trend rally. This upswing is primarily attributed to the recent shift in weather forecasts, predicting cooler conditions that are likely to increase short-term demand. NatGasWeather highlights that while much of the U.S. experienced lighter demand
Nasdaq Index, Dow Jones, S&P 500 News: Wall Street Edging Higher on Tech Sector Strength
U.S. Stock Index Futures Climb U.S. stock index futures edged higher on Monday, driven by expectations ahead of a major AI conference and key monetary policy updates from the Federal Reserve. At 11:51 GMT, Dow futures are trading 39188.00, up 35.00 or +0.09%. S&P 500 Index futures are at 5216.50,
Gold Prices Forecast: Fed’s Decision Key to Near-Term Market Trend
Gold Market Outlook: Central Bank Decisions Ahead Gold is trading lower at the start of the week. Key to this movement is the unwavering position of the dollar and the upcoming policy decisions from global central banks, notably the U.S. Federal Reserve. At 09:54 GMT, XAU/USD is trading $2154.435, down
Nasdaq Index, Dow Jones, S&P 500 News: Futures Stable Amid Inflation Concerns
Market Overview Stock futures remained positive on Thursday, signaling resilience in the face of a rise in wholesale inflation and a downturn in Nvidia’s stock. Major technology shares, including Apple and Microsoft, witnessed early buying interest, counteracting the decline in Nvidia. The market’s ability to stay buoyant despite challenges, notably
Silver Prices Forecast: Showing Resilience Ahead of PPI Report
Silver Prices Maintain Stability Silver prices have shown resilience this Thursday, remaining steady following a substantial rally, despite a strengthening U.S. dollar and an increase in Treasury yields. The focus now turns to upcoming U.S. economic data, which could influence the Federal Reserve’s decision on a potential rate cut mid-year.