Dow Jones Forecast: Dovish FOMC, Yellen Clarification to Drive DJI Higher

Yellen’s clarification of rate hike comments and the Fed’s dovish stance may continue to drive US equity prices higher near term.

from DailyFX – Market News https://bit.ly/3ulKTnC
via IFTTT

Crude Oil Prices Climb on Falling Stockpiles, Easing Lockdowns in the US and Europe

A large draw in API crude inventories sent oil prices higher on Wednesday alongside economic reopening optimism in the US and the UK. Viral resurgence in parts of Asia remain a wildcard for oil tra…

from DailyFX – Market News https://bit.ly/3tkQTf4
via IFTTT

Gold Prices May Rise Despite Muddled Yellen Remarks and Here is Why

Gold prices stabilized after US Treasury Janet Yellen clarified that she isn’t forecasting interest rate hikes in the near term. Rising inflation expectations, falling real yields and a viral resur…

from DailyFX – Market News https://bit.ly/2RqAcBw
via IFTTT

from WordPress https://bit.ly/3umz5Bp
via IFTTT

from Blogger https://bit.ly/3vzqrQm
via IFTTT

Natural Gas Outlook: Path Higher Brightens on Cooler Temps, Trendline Recapture

Natural gas prices moved higher, capturing a long-term trendline that could support the heating commodity’s price in the coming weeks as colder temps support fundamental side.

from DailyFX – Market News https://bit.ly/3eTuG2u
via IFTTT

from WordPress https://bit.ly/2RubNuI
via IFTTT

from Blogger https://bit.ly/33i4ZTG
via IFTTT

Nasdaq 100 Tumbles as Yellen Comments About Rate Hikes, Hang Seng and ASX 200 May Fall

Nasdaq 100 index plunged 1.85% as US Treasury Secretary Janet Yellen said interest rates may have to rise moderately as a recovery strengthens. The Hang Seng and ASX 200 indexes may follow lower.

from DailyFX – Market News https://bit.ly/3umQwln
via IFTTT

from WordPress https://bit.ly/2PTjs5E
via IFTTT

from Blogger https://bit.ly/3ehcBfG
via IFTTT

from WordPress https://bit.ly/3eUuIHl
via IFTTT

from Blogger https://bit.ly/3ulh0DW
via IFTTT