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Stay up-to-date with the latest market developments. Discover breaking news, in-depth analysis, expert commentary, and market insights that affects all asset classes, from forex and commodities to stocks and indices. MarketPulse news will help you stay ahead so you can make informed trading decisions.

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US Dollar Index (DXY) Outlook: DXY Breaches the 100-day MA, Will the Rally Continue?
The US Dollar Index (DXY) continues to advance due to a lack of impactful US data and expectations of robust retail sales. Donald Trump's comments on tariffs and the Federal Reserve's independence. The DXY faces technical challenges, with the RSI in overbought territory, but the overall outlook remains bullish. Most Read:  The US Dollar Index (DXY) continues its advance with the lack of high impact US data keeping the greenback on the front foot. A move lower in the DXY may need a batch of soft
16-10-2024 09:13 GMT by Zain Vawda
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SPX 500: First sign of volatility detected
Trump’s trade war 2.0 narrative & steep sell-off in ASML spooked the performances of the major US stock indices on Tuesday, 15 October. Implied volatility in the US stock market, measured by the VIX tends to be highest in October based on data during past US presidential election years since 1992. VIX/MOVE ratio has started to show outperformance of VIX. The S&P 500’on-going 4-week rally has flashed out exhaustion conditions. The S&P 500 shed 0.75% on Tuesday, 15 October after it printed its 4
16-10-2024 06:21 GMT by Kelvin Wong
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Bitcoin (BTC/USD) Eyes a Breakout, Have the Stars Finally Aligned?
Bitcoin's price surged to levels not seen since July, fueled by positive inflows and optimism around a potential bullish breakout. Despite ETF inflows, actual demand for Bitcoin has been waning since March, according to Glassnode data. Technical analysis shows Bitcoin facing resistance at various levels, with support levels identified in case of a price decline. Robert Kiyosaki, a known Bitcoin enthusiast, predicts a market crash and a potential drop in Bitcoin's price to $5,000.
15-10-2024 13:50 GMT by Zain Vawda
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GBP/USD - will inflation data shake up the pound?
The British pound has been showing limited movement for over a week. In Tuesday’s North American session, GBP/USD is trading at 1.3086, up 0.13% on the day. UK inflation expected to decline to 1.9% The Bank of England has largely won the battle against inflation, which has fallen from double digits at its peak to just 2.2% in August and July.
15-10-2024 12:42 GMT by Kenneth Fisher
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S&P 500, Nasdaq 100 - Wall Street Indexes Eye Further Gains as Earnings Filter Through
Wall Street indexes showed positive momentum, driven by strong bank earnings reports. Tech sector earnings, expected later in October, could further boost US indices. S&P 500 technical analysis suggests potential bullish continuation with key resistance levels identified. Most Read: Brent Crude – OPEC + Cuts Forecasts Again as Chinese Imports Fall, Brent Holds Above $78/Barrel
15-10-2024 09:04 GMT by Zain Vawda
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Canadian dollar can’t find its footing, Can. CPI next
The Canadian dollar has declined against the US dollar for a tenth consecutive trading day and has fallen 2.1% in October. In Tuesday’s session, USD/CAD is trading at 1.3811 at the time of writing, up 0.11%. Canada’s inflation rate expected to fall below 2% Is the tough battle against inflation finally over?
15-10-2024 05:38 GMT by Kenneth Fisher
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Brent Crude - OPEC + Cuts Forecasts Again as Chinese Imports Fall, Brent Holds Above $78/Barrel
Brent oil prices have recovered to $78.30 despite OPEC+ downgrading demand growth forecasts and falling Chinese imports. China's oil imports fell for the fifth consecutive month in September stoking demand fears.  OPEC+ revised its global oil demand growth forecast for 2024 downwards for the third time. Most Read: Gold (XAU/USD) Price Outlook: China Sends Mixed Signals Keeping Gold Prices Steady
14-10-2024 11:26 GMT by Zain Vawda
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Pound eyes UK employment data
The British pound is coming off a quiet week and the lack of activity has continued on Monday. Early in the North American session, GBP/USD is trading at 1.3040, down 0.14% on the day. It’s a busy week in the UK, with the release of employment, inflation and retail sales.
14-10-2024 09:19 GMT by Kenneth Fisher
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AUD/USD: Under downside pressure from China’s weak inflation
China's latest set of inflationary data for September increases the risk of a deflationary spiral being entrenched. China policymakers continued to use rhetoric to push out new fiscal stimulus policies but lacked details in terms of the amount and scope of implementation. An erosion of confidence in China's policymaking process may trigger a negative feedback loop into the AUD/USD. This is a follow-up analysis of our prior report “AUD/USD: The recent rally of the Aussie dollar may face a ceili
14-10-2024 07:11 GMT by Kelvin Wong
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Gold (XAU/USD) Price Outlook: China Sends Mixed Signals Keeping Gold Prices Steady
Gold prices remain steady despite weak Chinese data, Risk-Off Start to the week. Market uncertainty and geopolitical tensions are supporting gold's safe-haven appeal. Key support and resistance levels to watch are identified. Most Read: Markets Weekly Outlook – ECB to Deliver 25 bps Rate Cut? Bank Earnings in Focus Gold prices held steady this morning as weak Chinese data renewed market concerns and led to a risk-off start to the week.
14-10-2024 07:06 GMT by Zain Vawda
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NZ Dollar under pressure as services data disappoints
The New Zealand dollar is lower on Monday. In the European session, NZD/USD is trading at 0.6082, down 0.44%. Services PMI contracts for seventh straight month New Zealand’s economy has been struggling, and a key factor has been the contraction in the services sector.
14-10-2024 06:40 GMT by Kenneth Fisher
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Markets Weekly Outlook - ECB to Deliver 25 bps Rate Cut? Bank Earnings in Focus
Market expectations for a Federal Reserve rate cut decreased following mixed US data signals. The European Central Bank's interest rate decision is a key event, with a 25 bps cut highly anticipated. The week ahead features CPI releases from several countries, including China and New Zealand, while US earnings season gathers pace with major banks reporting. Can the S&P 500 rally continue? Technical breakdown provided.
11-10-2024 13:34 GMT by Zain Vawda
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USD/CAD pushes higher, Canadian employment next
The Canadian dollar has edged lower on Friday. In the European session, USD/CAD is trading at 1.3767 at the time of writing, up 0.19%. The Canadian dollar has hit a rough patch and is on a seven-day slide in which it has fallen 1.6%.
11-10-2024 07:07 GMT by Kenneth Fisher
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Pound shrugs as UK economy grew by 0.2%
The British pound is showing little movement on Friday in what has been a very quiet week for the currency. In the European session, GBP/USD is trading at 1.3071, up 0.10% on the day and its lowest level. The UK economy showed slight improvement in August with a 0.2% m/m gain, after no growth in both June and July.
11-10-2024 05:57 GMT by Kenneth Fisher
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Euro lower as US inflation dips slightly
The euro is lower on Thursday. In the North American session, EUR/USD is trading at 1.0908, down 0.28%. The German economy has been struggling but there was positive news as German retail sales rose 1.6% in August and 1.5% in July, after declines of 1.1% in June and 1.4% in May.
10-10-2024 12:58 GMT by Kenneth Fisher
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Gold (XAU/USD) Prices Hold Above $2600/oz.. Will US CPI Lead a Recovery in Price?
Gold prices are consolidating above $2600/oz, supported by uncertainty in the Middle East. Upcoming US CPI data will impact gold prices, with a softer print potentially boosting gold and a higher print strengthening the USD. Technically, gold is rangebound, with immediate resistance at 2624 and support at 2600. The geopolitical situation and CPI data will likely provide short-term clarity.
10-10-2024 08:23 GMT by Zain Vawda
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