Gold Prices Fall as Strong PPI Readings Boost Yields, USD Rises

Gold prices edged lower as stronger-than-expected Chinese and US PPI readings boosted longer-dated Treasury yields. However, a “Double Bottom” chart pattern points to upside potential.

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US Dollar Outlook: Bond Yields, Powell and CPI in Focus. USD/SGD Eyeing MAS, Chinese GDP

The US Dollar was flat against SGD, THB, IDR and PHP as falling Treasury yields offset potential gains from Emerging Market Stock declines. Ahead, all eyes are on Chinese GDP, US CPI, Powell and th…

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New Zealand Dollar Forecast: NZD/USD, NZD/JPY Key Levels with RBNZ on Tap

The Reserve Bank of New Zealand’s is expected to reiterate its dovish stance, despite a remarkable rise in housing prices, which may open the door for NZD/USD, NZD/JPY to track lower in the near term.

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Dow Jones, Nikkei 225, ASX 200 Outlook: Bank Earnings in Focus as US Stocks Hit Records

Stocks on Wall Street closed at all-time highs as investors anticipated a strong earnings season ahead. Futures across Asia Pacific look set to ride this tailwind and trade higher.

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USD/CNH Forecast: Yuan Loans Data May Show China’s Appetite for Stimulus

The Chinese Yuan and Asia-Pacific equity markets may move on incoming March new loans data. Meanwhile, traders will be eyeing an interview with US Fed Chair Powell.

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