S&P 500, Crude Oil Prices, Energy ETFs: Relations and Correlations

The S&P 500 outlook seems to have become more important for certain energy sector ETFs rather than the price of crude oil. Will this dynamic last and what are the risks ahead?

from DailyFX – Market News https://bit.ly/384gwYE
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S&P 500, Crude Oil Prices, Energy ETFs: Relations and Correlations

The S&P 500 outlook seems to have become more important for certain energy sector ETFs rather than the price of crude oil. Will this dynamic last and what are the risks ahead?

from DailyFX – Market News https://bit.ly/384gwYE
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US Dollar Technical Forecast: USD/SGD, USD/MYR, USD/PHP, USD/IDR

The US Dollar tests key resistance against ASEAN currencies like the Singapore Dollar and Malaysian Ringgit. This is as the downtrend in USD/PHP holds, will USD/IDR break higher?

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Hang Seng Eyes Resistance, Stocks May Wobble on Virus Woes, US-HK Bill

APAC stocks may rise after equities rose on Wall Street. Still, virus concerns and a newly approved US sanction bill over Hong Kong’s autonomy will likely weigh on sentiment.

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Gold Price Forecast: 2012 High Back on Radar, RSI Eyes Overbought Zone

Gold prices have traded to fresh yearly highs during every single month so far in 2020, and the bullish behavior may persist as the RSI approaches overbought territory.

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