Forecasts & Analysis
Part 2: Higher CPI Should Boost More Than Just Gold Prices
The main reason for making this case was because I felt the CPI numbers were going to continue on their upward growth which indeed, they did.
April 14th 2021: Dollar Index Extends Bearish Presence South of 200-Day SMA Following Inflation Data
Declining US Treasury yields pressuring the buck lower Tuesday provided AUD/USD support, with enough force to bring light to H4 trendline resistance.
Many Sectors Are Primed For Another Breakout Rally – Are You?
As we start moving into the Q1:2021 earnings season, we need to be aware of the risks associated with the volatility often associated with earnings data and unknowns.
Gold Price Prediction – Gold Rebounds as Yields Fall and Dollar Drops
Gold prices moved higher on Tuesday, rebounding as the dollar moved lower and yields dropped. The decline in the 10-year yield came despite a larger than the expected headline and core CPI report announced on Tuesday by the Department of Labor. Treasury yields appear to be topping out which could
Oil Price Fundamental Daily Forecast – Underpinned by Optimistic OPEC Demand Forecast Ahead of API Report
Today’s API report is expected to show crude stocks dropped for a third straight week, while distillate and gasoline inventories likely grew.
PepsiCo Q1 Earnings to Rise about 4%; Target Price $150
Harrison, New York-based global food and beverage leader PepsiCo is expected to report its first-quarter earnings of $1.12 per share, which represents year-over-year growth of about 4% from $1.07 per share seen in the same quarter a year ago.