Gold trades slightly below $1 930. This analysis suggests what to get prepared for.
Tag - market forecast
Saxo Bank claimed that contested election may create the strongest political risk in over a decade, and as a result, lead to the stock’s sell-off.
WTI oil price is testing the tactical resistance. Will it break it?
So are we going to see the S&P climb higher or not?
Banks are reporting next week: JPMorgan and Citigroup on Tuesday (15:30 MT and 17:00 respectively), and Bank of America on Wednesday (15:30 MT). What do we have in store?
Oil keeps rallying for the fourth day in a row after Goldman Sachs claimed that the oil market is in deficit and also because of the recent storm in the Gulf of Mexico, which led to the sharp decline of oil production. It is the best week for oil since June!
If we look at specific stocks, they trade differently. Which of them is worth buying now? Those which are at the local lowest lows. So let’s find them.
Commerzbank announced its short- and long- term projections on the South African rand. Let’s discuss it in detail.
GBP/CAD keeps falling to the downside amid fears over the no-Brexit deal. According to JPMorgan, the pair will continue dipping throughout the whole of September.
Such credible banks as Bank of America and Citigroup made extremely bullish forecasts from $3 000 to $5 000. It’s hard to imagine right now, but let’s discuss why it may become true.
According to economists from Danske Bank, the euro is still overvalued. They see the fair price at 1.16. Let’s see why.
The yellow metal has loosened its’ previous steam, but some analysts believe it may rally again. What may underpin gold?