Gold Price Forecast: Fed Balance Sheet Drop May Cap Bullion's Surge

Gold Fundamental Forecast, XAU/USD, Bullion – Talking Points The provision of further monetary and fiscal stimulus may buoy gold prices as climbing Covid-19 cases ravage the US economy However, contraction of the Federal Reserve’s balance sheet may hamper potential upside. Fundamental Forecast for Gold: Mixed

Gold prices may continue to move higher after . . . → Read More: Gold Price Forecast: Fed Balance Sheet Drop May Cap Bullion's Surge

Mexican Peso Latest: USD/MXN Struggles due to US Dollar Indecision

Mexican Peso (USD/MXN) Price, Analysis and Chart: USD/MXN mixed messages taint the pair’s outlook. US dollar likely to determine the next move.

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USD/MXN Going Nowhere in the Short-Term

. . . → Read More: Mexican Peso Latest: USD/MXN Struggles due to US Dollar Indecision

British Pound Latest (GBP) – GBP/USD Pullback, EUR/GBP Dips Supported

GBP/USD, EUR/GBP Price Analysis & News EU-UK Talks Appearing to Make Headway on Fisheries Global Bond Markets Rally as Equities Soften EU-UK Talks Appearing to Make Headway on Fisheries

Despite headway appearing to be made between the EU and UK over fisheries. EU Chief Negotiator reiterated that significant divergences remain in trade talks . . . → Read More: British Pound Latest (GBP) – GBP/USD Pullback, EUR/GBP Dips Supported

Canadian Dollar Outlook: USD/CAD, CAD/JPY Hinge on Employment Data

USD/CAD, CAD/JPY, Canadian Employment, CAD Outlook – Talking Points: The end of the week brought about a resurgence of risk aversion as investor sentiment notably soured in Asia-Pacific trade USD/CAD remains confined by channel resistance although strengthening RSI suggests a breakout may be on the cards. CAD/JPY seems poised for further declines after failing . . . → Read More: Canadian Dollar Outlook: USD/CAD, CAD/JPY Hinge on Employment Data

Gold Prices Fall with Stocks as US-China Tensions Escalate

GOLD & CRUDE OIL TALKING POINTS: Gold prices drop with stocks as the US Dollar gains on haven demand Crude oil prices flirt with bearish reversal as US-China tensions swell Stock index futures signal risk-off bias likely to carry into the week-end

Gold prices fell alongside stocks as escalating US-China tensions soured market . . . → Read More: Gold Prices Fall with Stocks as US-China Tensions Escalate

AUD/USD Fails to Test June High Despite ‘New Phase’ of Fiscal Stimulus

Australian Dollar Talking Points

AUD/USD tags a fresh monthly high (0.7001) as Australian Treasurer Josh Frydenberg plans to unveil a “new phase” of fiscal support, but lack of momentum to test the June high (0.7064) may generate range bound conditions as the Relative Strength Index (RSI) appears to be reversing course ahead of . . . → Read More: AUD/USD Fails to Test June High Despite ‘New Phase’ of Fiscal Stimulus

Dow Jones Eyes Support, Straits Times Faces Singapore General Election

Dow Jones, S&P 500, Shanghai Composite, Straits Times – Asia Pacific Indices Briefing Dow Jones and S&P 500 drop on Wall Street as Nasdaq gains Rising US coronavirus cases & deaths likely spooked investors Shanghai Composite may decrease, Straits Times eyes election

The majority of US equities ended in the red on Thursday . . . → Read More: Dow Jones Eyes Support, Straits Times Faces Singapore General Election

Crude Oil Prices May Extend Drop After Covid-19 Surge, Biden Speech

Crude Oil Prices, Singapore Election, Coronavirus, Wall Street Stocks – TALKING POINTS Wall Street stocks closed lower after Florida medical metrics showed an alarming trend Risk-off tilt amplified by commentary from Democratic Presidential candidate Joe Biden Crude oil prices suffered largest one-day decline in almost a month – what happens now?

Wall Street . . . → Read More: Crude Oil Prices May Extend Drop After Covid-19 Surge, Biden Speech

S&P 500, Dow Jones & Nasdaq 100 Forecast: Earnings Season Arrives

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S&P 500, Dow Jones & Nasdaq 100 Price Outlook: Earnings season begins with reports from the country’s largest banks in the second full week of July A commonality in every sector is the considerable threat posed by coronavirus Consequently, many companies have suspended their forecasts, leaving a wide range of . . . → Read More: S&P 500, Dow Jones & Nasdaq 100 Forecast: Earnings Season Arrives

Macro Matters: Gold, USD, Equities Pullback – More in Store?

S&P 500, USD, Gold Price Analysis New Quarter, New Questions

We’re now just over a week into Q3 and already some items of interest have begun to show around global markets. While headlines remain a mess with heavy politicization of the coronavirus, which can bring a massive impact onto market expectations, the trends . . . → Read More: Macro Matters: Gold, USD, Equities Pullback – More in Store?