S&P 500 Sinks, Biden Leads Trump, China Releases New Chip Sector Plans

The S&P 500 experienced its biggest one-day slump since June 11 as China announced plans to boost domestic semi-conductor chip production. Biden continues to lead Trump in the polls.
Source: News FX

FTSE 100 Forecast: Technical Break Opens Door For Further Losses

The FTSE 100 suffered a key technical break after risk aversion in US equities spurred losses across the pond. Now, bears might look to extend their attack lower.
Source: News FX

US Dollar Drives Higher Ahead of NFP Report as Volatility Spikes

The US Dollar is advancing as the VIX Index ‘fear-gauge’ turns sharply higher amid the latest resurgence of investor risk aversion, and upcoming nonfarm payrolls could fuel volatility even further.
Source: News FX

Nasdaq 100, Dow Jones, S&P 500 Forecasts: Tech Stocks Falter, Lead Selloff

US equity markets opened to unrest on Thursday as leading members of the technology sector seemed to spark broader market turbulence. As a result, stocks are on pace for their biggest losses in weeks.
Source: News FX

Gold Price Forecast: Gold Slumps to Start September, Support in Sight

Gold came into August with aggressive strength but that soon slowed down. Prices are holding on to support ahead of tomorrow's NFP.
Source: News FX

USD/JPY Price Analysis: Will a Data Heavy End to the Week Spur USD?

USD/JPY has risen off the a medium-term level of support. US data (ISM, initial jobless claims and NFP) has the potential to fuel or halt recent USD gains.
Source: News FX

S&P 500 Price Outlook: Stocks Slump as Services PMI Declines

Stocks are hitting fresh session lows as services PMI data from the Institute of Supply Management crosses the wires, which shows the largest segment of the US economy decelerating last month.
Source: News FX

US Dollar Price Outlook – Bullish Signal Appears Ahead of High Importance US Data Releases

The recent bounce in the US dollar basket (DXY) has primarily been fueled by Euro weakness and oversold USD positioning. Important US data near that may make or break this move.
Source: News FX

USD/CAD forecast: Loonie bulls eye trendline resistance ahead of NFP

USD/CAD trading around 61.8% Fibonacci support zone before key economic data releases.
Source: News FX

Germany 30 Outlook: DAX Marches on as German PMIs Beat Expectations

After recovering from March lows, the DAX remains bullish but may be entering into oversold territory.
Source: News FX