Page 22 - Daniel Moss News Today

DAX 30 Index Could Pullback on Recovery Fund Delay, AstraZeneca Shot Ban 2021-04-01 07:00:00 Daniel Moss, Analyst DAX 30, EU Recovery Fund, AstraZeneca Vaccine, Coronavirus Cases, Restrictions – Talking Points: Equity markets largely gained ground during APAC trade as investors mulled the prospect of additional US fiscal stimulus. The delayed ratification of the EU Recovery Fund and a ban on AstraZeneca’s vaccine may weigh...

US Dollar Forecast: FOMC Summary of Economic Projections to Dictate USD 2021-03-17 07:30:00 Daniel Moss, Analyst US Dollar, Federal Reserve, Summary of Economic Projections, Treasury Market, DXY – Talking Points: Equity markets slipped lower during APAC trade as traders shift focus to the upcoming FOMC meeting. The US Dollar’s outlook will likely be dictated by the Federal Reserve’s actions, or lack thereof. The US Doll...

Gold Price Forecast: Rebound at Risk as Yields Aim Higher Ahead of FOMC 2021-03-17 03:00:00 Daniel Moss, Analyst Gold, US Treasury Yields, Summary of Economic Projections, FOMC – Talking Points: The recovery in gold prices hangs in the balance as attention turns to the upcoming FOMC meeting. An upwardly revised Fed Funds dot plot could trigger extensive selling. However, hinting at the possibility of YCC or Operation “Twi...

Euro Forecast: EUR/USD Resilient Despite Vaccine Setback, Dovish ECB 2021-03-16 07:30:00 Daniel Moss, Analyst Euro, EUR/USD, European Central Bank, AstraZeneca Vaccine, Vaccination Rates – Talking Point: Equity markets gained during APAC trade, following Wall Street’s lead overnight. The Euro has remained resilient in the face of a cumbersome vaccine rollout and dovish ECB. EUR/USD rates may extend rebound as price remains...

USD/CNH Slides Lower on Chinese Retail Sales, Industrial Production Data 2021-03-15 02:18:00 Daniel Moss, Analyst Chinese Yuan, Industrial Production, Retail Sales, US-China Relations, USD/CNH – Talking Points: The Chinese Yuan gained ground against the US Dollar, on the back of a flurry of strong economic data releases. Attention now turns to US-China relations as both sides agree to meet in Alaska on March 18-19. USD/CNH long-term downtrend remains intact. Are further losses in the offing...

Canadian Dollar Forecast: BoC Tapering Bets to Buoy CAD Against JPY, USD, EUR 2021-03-15 07:30:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, CAD/JPY, EUR/CAD, Bank of Canada – Talking Points: Equity markets traded mixed during APAC trade as Treasury yields hovered at yearly highs. Robust economic data may intensify Bank of Canada tapering bets and open the door for CAD to continue gaining ground against EUR, USD and JPY....

New Zealand Dollar Forecast: NZD/USD Rebound Hinges on FOMC Meeting 2021-03-13 04:00:00 Daniel Moss, Analyst New Zealand Dollar Fundamental Forecast: Mixed NZD/USD has rebounded robustly in recent days on the back of an underwhelming US CPI report. The upcoming FOMC monetary policy meeting may ultimately define the exchange rate’s near-term trajectory. Advertisement The New Zealand Dollar has rebounded r...

The key distinctions all come down to trust. In countries that have earned it, officials statements are taken seriously, policies are believable and political systems relatively stable.

Crude Oil Hampered by OPEC Demand Outlook, Gold Price Eyeing PPI Data 2021-03-12 06:00:00 Daniel Moss, Analyst Gold Prices, Crude Oil, OPEC+, US PPI, Commodities Briefing – Talking Points: Crude oil prices vulnerable to near-term pullback after OPEC trim demand estimates. Rebounding yields place downward pressure on gold prices. Gold could gain on soft US PPI figures . Advertisement Crude oil prices hav...

Bitcoin Outlook: BTC Poised to Break to Fresh Highs or Is a Reversal Afoot? 2021-03-11 03:00:00 Daniel Moss, Analyst Bitcoin, BTC/USD, Technical Analysis, IGCS – Talking Points: Bitcoin has rallied significantly in March, after toppling lower at the tail end of last month. However, short-term technical signals suggest a reversal lower could be on the cards. Advertisement As predicted in previous reports,...