Forecasts & Analysis
DAX Index: US Inflation and Personal Income/Spending in the Spotlight
Hawkish ECB commentary continues to impact investor appetite for DAX-listed stocks. Laster today, the US economic calendar will test dovish Fed bets.
Crypto News Today: Elon Musk, DOGE, and Payments on X
Bitcoin briefly revisited the $44,000 handle as investors reacted to the latest spot-ETF updates. Coinbase also drew interest, receiving a nod from France.
XRP News: SEC Chair Gary Gensler Retargets Crypto Fraudsters
The crypto community brushed aside the latest anti-crypto move by the SEC, with progress toward a BTC-spot ETF market delivering session gains.
AUD to USD Forecast: A Return to $0.70 Hinged on US Inflation
Monetary policy divergence remains tilted toward the Aussie dollar. However, US inflation numbers on Friday could influence Q1 2024 Fed rate hike bets.
USD/JPY Forecast: US Inflation to Dictate Trends After the BoJ Policy Decision
Japanese inflation softened in November, delivering more uncertainty about the timing of a BoJ pivot from negative rates.
Hang Seng Index, ASX 200, Nikkei 225: Futures Point to a Positive Friday Session
Inflation numbers from Japan could influence bets on a Q1 2024 Bank of Japan pivot while over night US equity market gains will offer early support.
Unlocking Potential: Key Indicators Suggest Continued Upside for Natural Gas
Natural gas tries to break free from resistance, but still must advance above the 20-Day MA at 2.60 before clearing bottom and being ready to advance to higher prices.
Charting Gold’s Path: Resistance Tests and Bullish Breakout Signals
As gold dances near resistance, a look at monthly and weekly trends reveals crucial breakout moments, setting the stage for potential bullish momentum.
Ethereum (ETH) Price Forecast: Rising Funding Rates to Trigger $2,500 Retest?
A critical Ethereum derivatives trading metric highlights how bulls doubled-down on their ETH LONG trades this week. Is $2,500 a realistic price target?
NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Rebound As Traders Buy The Dip
Traders bet on dovish Fed as third-quarter GDP Growth Rate missed analyst expectations.