Forecasts & Analysis |
NASDAQ Index, SP500, Dow Jones Analysis – Stocks Rally As Traders Cheer The Debt Ceiling Deal
SP500 and NASDAQ tested new highs amid rising risk appetite.
Natural Gas, WTI Oil, Brent Oil – Oil Gains Ground Ahead Of OPEC+ Meeting
U.S. debt deal served as an additional positive catalyst for oil markets.
Gold, Silver, Platinum – Gold Dives Towards $1950 As Dollar Rebounds
Rising Treasury yields put additional pressure on precious metals today.
EUR/USD, GBP/USD, USD/CAD, USD/JPY – U.S. Dollar Gains Ground As Treasury Yields Rebound
Treasury yields moved higher as traders reacted to the better-than-expected Non Farm Payrolls report.
US Dollar (DXY): Stable after US Non-Farm Payrolls Surge
May’s non-farm payrolls report brings stable trading for the U.S. dollar amidst employment surge.
EUR/USD: Weaker as Strong NFP Data Raises Fed Rate Hike Chances
ECB President’s positive remarks lift Euro, reaching highest point in a week, but strong US labor market news caps gains.
Natural Gas Forecast: Bearish Tone Amid Record Output
Record U.S. output and rising exports drive natural gas price volatility, despite increased demand and bearish sentiment causing falling prices.
NASDAQ 100, Dow Jones, S&P 500: Stock Futures Show Slight Gains, Attention Shifts to Jobs Report
Stock futures show positive start, Dow, S&P 500, Nasdaq at highest levels since August; debt ceiling concerns resolved.
USD/JPY Forecast: US Non-Farm Payrolls Report Sets the Tone
Non-Farm Payrolls report holds key importance for USD/JPY exchange rate and Fed’s policy.
Gold Price Forecast: XAU Set for Strong Weekly Gain on Fed’s Pause, Debt-Ceiling Progress
Gold surges on optimistic Fed expectations, unchanged rates, and a weakened dollar, boosting its appeal to investors.