Outlook on FTSE 100, DAX 40 and S&P 500 amid rising oil price and yields.
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Outlook on FTSE 100, DAX 40 and S&P 500 amid rising oil price and yields.
from DailyFX – Market News https://bit.ly/45YG4CX
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Gold prices could be in for more pain as oil prices add to reflation worries. XAU/USD now looks to US ISM services PMI.
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Crude oil is in the process of breaking above a crucial hurdle. However, the five-month-long feeble uptrend in natural gas is breaking down. What is the outlook and what are the key levels to watch?
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The Euro sunk to new lows after the US Dollar ascendency got back on track, boosted by rising Treasury yields and high energy prices. If WTI goes higher, where to for EUR/USD?
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US indices started the week on a more subdued tone, with a jump in oil prices to a new 10-month high not providing much reassurances for the global inflation outlook.
from DailyFX – Market News https://bit.ly/3Ppfv4q
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