JPY May Slide Lower Ahead of Euro-Area Inflation Data

EUR/USD and EUR/JPY rates may slide lower on dovish rhetoric from several members of the European Central Bank ahead of Euro-zone inflation data for October.

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Crude Oil Prices Eye $42 on Vaccine News, OPEC+ to Rein Output Hike

Crude oil prices are riding the Covid vaccine tailwind and a potential 3-6 months delay of production hike by OPEC+. WTI looks set to hit a key resistance at US$ 42.00.

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Natural Gas Outlook: Prices Sink to Support on NOAA Weather Forecasts

Natural gas futures fell nearly 12% so far this week following a warmer-than-expected temperature forecast from the NOAA. Price action is likely vulnerable to further downside pressure.

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Copper Prices Poised to Outperform on Chinese Recovery, Vaccine News

Copper prices may continue to climb higher on the back of positive vaccine developments and China’s robust economic recovery from the February doldrums.

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Hang Seng May Gain With S&P 500 on Moderna Vaccine Breakthrough

A 94.5% effective Moderna vaccine gave stock markets another boost, with the Dow Jones and the S&P 500 indexes closing at their record highs. Asia-Pacific stocks may trade higher following a strong…

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