European Equities: A Week in Review – 01/10/21
It was a bearish week for the European majors, with inflationary pressures and concerns over the economic outlook weighing on riskier assets.
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The Weekly Wrap – Another Week for the Greenback ahead of NFP Numbers for September
It was another weekly gain for the dollar, as the Kiwi Dollar and Pound struggled. Nonfarm payrolls next Friday, however, will likely set the path...
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Equities Q4 Fundamental Forecast: Short-Term Uncertainties But Longer-Term Fortunes
Equities Q4 Fundamental Forecast: Short-Term Uncertainties But Longer-Term Fortunes https://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2021/10/01/Equities-Q4-Fundamental-Forecast-Short-Term-Uncertainties-But-Longer-Term-Fortunes.html Throughout the third quarter, there had been somewhat of a reversal in the reflation trade...
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USD/CAD Exchange Rate Prediction – The Dollar Slides on Lower Treasury Yields
Inflation continues to rise
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Gold Recovers Breaking the Cycle of Lower Pricing Over the Last Three Weeks
Recent selling pressure in gold has been a result of dollar strength and rising yields in U.S. debt instruments.
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Oil Settles Near 3-Year High Ahead of OPEC+ Meeting
(Reuters) -Oil settled above $78 a barrel on Friday, just shy of a three-year high reached earlier this week, on expectations that OPEC ministers will...
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Wall Street Kicks Off October With Broad Rally, Boosted by Economic Cheer
NEW YORK (Reuters) – Wall Street stocks surged to a higher close on Friday, entering the final quarter of 2021 in a buying mood boosted...
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Merck COVID-19 Pill Success Slams Moderna Shares, Shakes Up Healthcare Sector
(Reuters) – Positive clinical trial results for Merck & Co’s experimental antiviral COVID-19 pill reverberated through the healthcare sector on Friday, sending the drugmaker’s stock...
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Bitcoin Climbs to Highest in Nearly Two Weeks
NEW YORK/LONDON (Reuters) -Bitcoin rose on Friday to its highest level since around mid-September, bolstered in part by seasonal factors as well as supportive comments...
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U.S. Dollar Slides for 2nd Day, But Outlook Stays Upbeat
NEW YORK (Reuters) -The dollar fell for a second straight session on Friday, tracking declines in U.S. Treasury yields, as investors booked profits after recent...
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Putin Seeks to Rein in ‘Rainy-Day Fund’ Spending as Energy Transition Looms
MOSCOW (Reuters) – President Vladimir Putin ordered the Russian government to look at curtailing spending from the state rainy-day fund on Friday, after the finance...
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Coinbase Says Hackers Stole Cryptocurrency From at least 6,000 Customers
(Reuters) – Hackers stole from the accounts of at least 6,000 customers of Coinbase Global Inc, according to a breach notification letter sent by the...
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Bitcoin Bulls Gear Up for Fourth Quarter Showdown
Bitcoin ends Q4 in the green more frequently than it finishes in the red.
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Oil settles near 3-year high ahead of OPEC+ meeting
SINGAPORE (Reuters) -Oil prices dropped on Friday on the prospect that the OPEC+ supplier alliance might step up a planned increase in output to ease...
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U.S. dollar slides for 2nd day, but outlook stays upbeat
LONDON (Reuters) – The dollar began the last quarter of 2021 near its highest levels of the year, and was headed for its best week...
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Take Five: U.S. jobs & an OPEC oil gathering
(Reuters) – Key U.S. jobs numbers on Friday and an OPEC+ meeting on Monday to review oil output as crude prices top $80 dollars a...
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Stocks bounce but inflation fears persist
LONDON (Reuters) – European stocks sank to two-month lows on Friday after slides in Asia and on Wall Street, with euro zone inflation data expected...
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Return to Normalcy Harkens Shift in Retail Trading Era
Return to Normalcy Harkens Shift in Retail Trading Era https://www.dailyfx.com/forex/fundamental/article/special_report/2021/10/01/rise-of-retail-return-to-normalcy-harkens-shift-in-retail-trading-era.html It stands to reason that as we persist in a lower volatility environment, which incidentally...