Weekly Market Outlook: US PCE, GDP, and Earnings Expected to Drive Volatility

Markets A sense of calm returned to European markets for now. Le Pen from the poll-leading Rassemblement National sought to reassure investors on the budgetary front if her party were to win the elections. It may have helped to stop the rout in European/French assets in a daily perspective after a disastrous week. Equities in […]

Gold rising inside weekly impulse wave 3 Likely to rise to resistance level 2300.00 Gold rising inside the sharp weekly impulse wave 3, which recently broke the resistance trendline of the daily up channel from November. The breakout of this up channel coincided with the breakout of the key resistance level 2200.00, which stopped the […]

The selloff in US bonds extended to a second day on the back of crowded hawkish comments from Federal Reserve (Fed) members and on the surprising strength for the US economy. The latest ISM data printed yesterday showed that US services grew at their biggest pace in four months, screaming that the US economy is […]