Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Crude Oil, ECB, BoC, Treasuries

Nasdaq 100, S&P 500, Dow Jones Forecast: Growth, Tech Stocks Falling Out of Favor?

Rising longer-term Treasury yields and a relatively sanguine Fed may place the Nasdaq 100 at risk as the Dow Jones holds up. Are growth stocks falling out of favor for value ones?

Euro Forecast: EUR/USD to Weaken if ECB Increases Bond Buying

This Thursday’s meeting of ECB policymakers is live; there will be no major changes to Eurozone monetary policy but it could be tweaked in response to rising sovereign bond yields.

Gold Price Outlook Remains Mired by Broader Recovery in US Yields

The recovery in longer-dated US Treasury yields may keep gold prices under pressure as the Federal Reserve appears to be in no rush to alter the path for monetary policy.

Crude Oil Prices Aiming Higher on OPEC Surprise, Inflation Expectations

Supply constraints, rebounding global demand and rising inflation expectations may drive crude oil prices higher in the near term.

GBP Weekly Forecast: GBP/USD, GBP/JPY Struggling to Undo Change in Momentum

The British Pound continues to face downside pressure as corrective trades continue.

Canadian Dollar Forecast: Loonie Awaits BoC Guidance on QE Pace

The Canadian Dollar could extend its recent stretch of gains considering potential that the Bank of Canada might signal QE tapering along with its scheduled interest rate decision due this week.

TECHNICAL FORECASTS:

Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

Given the size of the rally in the eleven months preceding the beginning of the current decline a broader sell-off looks warranted.

US Dollar Technical Forecast: EUR/USD, USD/JPY, USD/CAD

The US Dollar gained as much as 2.80% in less than two weeks – a stark contrast to the prolonged sell-off from last year. Is a bigger shift afoot as rates markets go awry?

Gold Weekly Technical Forecast: Gold Sinks to Crucial Level - Bulls Last Hope?

Rising yields and US Dollar creates a weak environment for gold, which trades at a 9-month low.

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