Blogs

Emerging market capital outflows have been cooling. Yet, the EEM may be stalling in the aftermathof the Federal Reserve rate decision and Chair Jerome Powell press conference.

The Relative Strength Index (RSI) may offer a textbook sell signal for NZD/USD as the oscillator appears to be on track to push below 70.

The ASX 200 fails to breach key Fibonacci resistance as the OECD suggests an extension of the current fiscal stimulus programs to continue to support the local economy.

The Euro has enjoyed a ride to multi-week highs vs the US Dollar, though political friction – a familiar ghost that has haunted the currency before – may trim EUR/USD’s gains.

The price of gold may continue to exhibit a bullish behavior in June as the pullback from the yearly high ($1765) reverses ahead of the May low ($1670).

The USD took a hit after the FOMC rate decision, and stock markets were not impressed. AUD/USD may be showing signs of topping, and Asia-Pacific equities may be at risk of declining.

Jerome Powell’s post-FOMC remarks offered markets another dose of courage as the chairman revealed the Fed will likely remain accommodative for the foreseeable future. What does this mean for stocks?

Today brought the first batch of FOMC projections since the coronavirus and corresponding market turmoil. The Fed is looking at low rates for a long time.

The Federal Open Market Committee maintained the Federal Funds Rate at 0%-0.25% Wednesday afternoon sending gold higher, while treasury yields and the Dow Jones Index moved lower

The stock market continues to be strong but nearing a big spot, so is oil with the March gap and multi-year resistance levels approaching.