- S&P 500:3,319.47-37.540-1.12%
Forecasts & Analysis |
Gold Price Prediction – Prices Edge Higher and Close up More than 2.5% for the Week
Gold prices moved higher on Friday finishing the week up 2.6% as the dollar moved lower and US yields declined. This week was full of several data points that were mixed. While Housing starts were worse than expected, jobless claims and consumer sentiment were better than expected. The Fed met
Oil Gains Ground As Saudi Arabia Pushes For Full Compliance With OPEC+ Deal
Oil continues its upside move as OPEC+ is ready to meet in October in case oil demand shows weakness.
Aptiv’s Price Target Raised to $150 with Overweight Rating, $225 in Best Case: Morgan Stanley
Aptiv’s price target was raised to $150 from $63 with ‘Overweight’ stock rating, according to Morgan Stanley equity analyst Adam Jonas, who said that after coming out of the COVID-19 era, Aptiv’s portfolio is on the verge of a transformation that will alter the stock’s narrative, driving a multiple re-rating.
Natural Gas Price Fundamental Daily Forecast – Huge EIA Build Raises Containment Concerns
The huge storage build and very low weather demand likely means that it is going to be hard to avoid containment issues over the next few weeks.
Price of Gold Fundamental Daily Forecast – Near-Zero Rates Fueling Slow, Steady Demand
The price action suggests we’re not likely to see a huge short-term price spike until the U.S. Congress passes a stimulus package.
Oil Price Fundamental Daily Forecast – Saudi’s Urge Compliance with OPEC+ Cuts; Another Storm Brewing in Gulf
OPEC+ stressed at a meeting on Thursday that it would take action against members not complying with the deal to cut production.
Trade With A Regulated Broker
- Your capital is at risk