Page 28 - Daniel Moss News Today

Dow Jones, Nasdaq 100 May Rise on Stimulus Hopes, Vaccination Progress 2021-02-02 07:30:00 Daniel Moss, Analyst Dow Jones 30, Nasdaq 100, Biden Stimulus Package, Coronavirus Vaccinations – Talking Points: US equity markets may continue gaining ground on the back of positive Covid-19 vaccination progress and the prospect of additional fiscal stimulus. Dow Jones aiming higher as price hovers above key trend support. Nasdaq 10...

Silver Price Surges as Reddit Group WallStreetBets Fuels Buying Spree 2021-02-01 00:13:00 Daniel Moss, Analyst Silver, XAG/USD, Reddit, r/WallStreetBets, Physical Demand – Talking Points: Silver surged over 7% on the back of a Reddit-inspired buying spree. Overwhelming physical demand, in tandem with falling real rates and rising inflation expectations, may continue to bolster prices in the near term. Advertisement WallStreetBets Fuels Buying Spree The price of silver surged over 7% to kick ...

The Australian Dollar longer-term outlook remains bullish however, the cyclically-sensitive currency could slip lower against the US Dollar and Japanese Yen in the short term ahead of the RBA inter...

The Euro may regain lost ground against the US Dollar, as better-than-expected economic data suggests that the trading bloc’s economy weathered a second viral wave resiliently.

Crude Oil Forecast: Backwardation Hints at Gains with OPEC JMMC on Tap 2021-01-30 08:00:00 Daniel Moss, Analyst Crude Oil Fundamental Forecast: Bullish Crude oil futures backwardation suggests that prices may climb higher in the near term. Accelerating vaccination rates and a marked decline in global Covid-19 cases could underpin oil prices. The upcoming OPEC JMMC meeting will be keenly eyed by investors. Futures Backwardati...

Canadian Dollar Outlook: USD/CAD to Push Higher as Risk Appetite Fades 2021-01-29 07:30:00 Daniel Moss, Analyst Canadian Dollar, Bank of Canada, Coronavirus Restrictions, USD/CAD, IGCS – Talking Points: Risk appetite continued to wane during APAC trade, sending equity markets sliding lower. The Canadian Dollar’s recent weakness may prove short-lived as coronavirus cases notably decline. USD/CAD may extend its push to fres...

In Singapore, Soul-Searching Is a Post-Virus Luxury Feb 01 2021, 5:51 AM January 29 2021, 4:00 AM February 01 2021, 5:51 AM (Bloomberg Opinion) -- One of Singapore’s top coronavirus cops, Lawrence Wong, gazed into the carefully separated audience at a premier convention center Monday and quipped that it was almost like old times. On the face of it, hardly anything is the same. Getting in the door required an onsite Covid-19 test and strict curbs prevented any mingling. Delegate...

The Euro is testing a multitude of pivotal support levels against its major counterparts, which could determine its longer-term trajectory. EUR/USD, EUR/JPY and EUR/GBP levels to watch.

WA murderer to spend at least 20 years in jail for ‘callous act of unprovoked violence’ Save Normal text size Advertisement A West Australian man who choked his neighbour to death after she showed him “nothing but kindness” will spend a minimum 20 years of a life sentence in jail after WA Supreme Court Justice Stephen Hall found the killing to be among the most serious of its kind. Darren Chalmers, 53, pleaded guilty to murdering 60-year-old retired music teacher Dianne Barr...

US Dollar Outlook: DXY Forms Head and Shoulders Pattern Ahead of FOMC 2021-01-27 07:30:00 Daniel Moss, Analyst US Dollar Index, DXY, Federal Reserve Interest Rate Decision, FOMC, Coronavirus – Talking Points: Equity markets crept cautiously higher during APAC trade. USD could come under further pressure as the FOMC rate decision shifts into focus. The US Dollar Index (DXY) at risk of extended declines as price carves out a ...