Forecasts & Analysis
Silver Prices Forecast: Rally Underpinned by Fed Rate Cut Speculation, Inflation Slowdown
Silver (XAG/USD) prices climb for a third week amid US inflation decline, Fed rate cut expectations, and Powell’s anticipated remarks.
Gold Prices Forecast: Powell’s Remarks Key to Gold Outlook
XAU/USD nudges up with rate cut hopes, easing inflation; investors eye Fed, Powell’s words for bullish gold trend signals.
Oil Prices Forecast: Mixed Reactions to OPEC+’s Production Strategy
OPEC+’s latest strategy, impacting crude oil futures, seeks to adjust supply in response to 2024’s economic outlook.
EUR/USD Forecast: Manufacturing PMIs and Fed Chair Powell in the Spotlight
In the spotlight: Eurozone and US manufacturing PMIs, pivotal for EUR/USD. We delve into how these indicators may sway the currency pair and impact the rate trajectory.
GBP to USD Forecast: US Manufacturing Data and Powell’s Influence
GBP/USD’s short-term outlook hinges on Powell’s stance, potentially paving the way to $1.30, as markets watch the Pound’s price action.
DAX Index: Manufacturing PMIs, the ECB, and the Fed in the Spotlight
ECB and Fed commentary will influence the DAX. Earlier today, PMI numbers from China beat expectations but highlighted weak overseas demand.
Crypto News Today: MicroStrategy Increases Bitcoin Holdings Pre Spot-ETF Decisions
Bitcoin gained 8.8% in November. However, Coinbase surged by 61.72% in November, as investors reacted to the Binance settlement news.
XRP News: SEC vs. Ripple – Latest Developments and Settlement Prospects
Wall Street Journal critiques SEC’s recent track record, as Ripple battles to lower potential settlement costs in SEC lawsuit.