Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, ...| MENAFN.COM

Thursday, 06 October 2022 09:48 GMT

Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, Euro - Eyes On Inflation


(MENAFN- DailyFX) US DOLLAR WEEKLY PERFORMANCE VS. CURRENCIES AND GOLDFundamental Forecasts:

S&P 500, Nasdaq 100 Price Outlook for the Week Ahead

US equity markets are on the back foot after the latest blowout NFP report with Wednesday's US inflation release set to be the next market driver.

US Dollar Outlook Hinges on July Inflation Data after Gangbuster Jobs Report

The U.S. dollar is likely to stay supported in the near term on bets that the Fed will remain committed to a hawkish tightening cycle amid red-hot labor markets and elevated inflation.

Australian Dollar Outlook: RBA and Trade Play Out in AUD

The Australian Dollar jumped around through the week, with an RBA rate hike and Fed speakers undermining it before trade data provided some support. Where to for AUD/USD ?

Gold Price Outlook Mixed After Blowout NFP Report

Gold's recent rally stalls as the latest NFP report tempers recession fears for now.

GBP/USD Weekly Forecast: BoE Expects A Recession, Sterling Breakdown

GBP Suffers on the BoE's Bleak Outlook

USD/CAD Rally to Persist if US CPI Indicates Sticky Inflation

The update to the US Consumer Price Index (CPI) may sway USD/CAD as the Federal Reserve struggles to reduce inflation

Technical Forecasts:

S&P 500, Nasdaq 100, Dow Jones Forecast for the Week Ahead

Stocks have generally been strong, but that outlook could come under some pressure in the days/weeks ahead; scenarios and levels to watch.

British Pound (GBP) Weekly Forecast: Anticipation Around UK GDP Heightened by Recessionary Fears

GBP/USD remains under pressure heading into what is a moderately uneventful week from a UK standpoint with UK GDP under the microscope.

US Dollar Technical Forecast for the Week Ahead: USD Correction Over?

US Dollar snapped a two-week losing streak with DXY reversing just ahead of technical support- will the uptrend resume? Key levels on the weekly technical chart.

Japanese Yen Technical Forecast: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY

The Japanese Yen came into the week with a full head of steam, but staged a stark reversal as US Treasury Yields began to rise again. Is there more in store for Yen bears?

Gold and Silver Technical Outlook: XAU/USD Eyes Breakout as XAG/USD Struggles

Gold prices closed above a key trendline last week, but progress has been somewhat lacking. Meanwhile, silver is struggling to keep up, is this a sign of weakness?

Crude Oil Technical Forecast: WTI Chart Shows More Losses Ahead

WTI crude oil prices fell nearly 10% last week, dragging prices to the lowest mark since February. The commodity's chart shows additional losses may lie ahead after breaking below key levels.



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