Forex

Gold recovers above $2,300: What’s next?

Gold managed to recover its losses yesterday (biggest daily slump in almost 2 years) on weak US PMI data. The thought here is that sluggish growth indicators might push the Federal Reserve towards an earlier interest rate cut (although don't...

BOJ to boost the yen this Friday?

In addition to the eagerly awaited US data slated for release this week, investors will be keeping a close eye on the Bank of Japan's interest rate decision scheduled for Friday....

USD & tech stocks: High-stakes week ahead?

Upcoming key economic indicators could reinforce the strength of the US dollar and the weakness in stocks over the coming week. Thursday's release of first-quarter gross domestic product and Friday's unveiling of the March core PCE deflator, the Federal Reserve's...

Australia’s Inflation Data Revealed Soon

Next week, Australia will unveil its latest inflation figures. Import the BlackBull Markets Economic Calendar to iCloud, Google, or Outlook to get alerts direct to your inbox, enabling you to plan your positions in advance and seize trading opportunities....

Is BOJ’s intervention hiding behind inflation data?

Japanese inflation data is scheduled for release on Thursday, but its impact on the market might be subdued. Investors could prefer to pay attention to next week's quarterly growth and price forecasts from the Bank of Japan, which could be...

Gold & oil volatility grows amid Middle East escalation

Financial markets are bracing for the uncertainty surrounding Iran's recent strike on Israel and the potential for retaliatory measures....

Inflation alerts: Updates incoming for 5 countries

Updates on inflation are expected for five countries this coming week: Canada may cut rates if cooling inflation persists, New Zealand anticipates higher inflation, Great Britain's inflation rate is forecasted to drop, the Euro Area hints at a rate cut,...

EUR/USD to slump again after ECB decision?

The EUR/USD plunged after the hotter-than-expected CPI, as traders reevaluated the odds of a Fed rate cut in June. EUR/USD has now perhaps broken out of the range of its significant Simple Moving Averages. Now we might get another pushdown...

What could stop gold’s bullish momentum?

The end of the week brings a host of significant data releases, including the US Consumer Price Index (CPI), the FOMC minutes from the March meeting, and interest rate decisions from both the Bank of Canada and the European Central...
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