Tag Archives: indices

3 May: Forecast: Stock Indices, Commodities

  S&P: 2384 US stocks are steady on Tuesday, with the S+P confined within recent parameters, leaving the outlook unchanged. (Tuesday range 2382/88) As before, the momentum indicators still look mixed and another rangebound session would not really surprise while waiting on today’s FOMC decision. The dailies may be picking up a mildly constructive tone although I would… Read More »

30 Mar: Brexit triggered – Sterling survives – so far! US Q4 GDP, Fed speakers in focus today.

  Despite the anticipation of increased volatility following the triggering of Article 50 by the UK Government, markets have really been relatively stable, with the main move in Sterling seen in Asia yesterday, since when it has been relatively steady. The main mover in Europe/US trade has been in the Euro, which has extended its decline from earlier… Read More »