
Nasdaq 100 Forecast: NDX falls after hotter inflation data
U.S. stocks are falling after hotter-than-expected U.S. inflation data, which has lifted Fed rate hike expectations.

U.S. stocks are falling after hotter-than-expected U.S. inflation data, which has lifted Fed rate hike expectations.

The Aussie is coiling beneath 0.7000 ahead of US CPI, with its relationship with US front-end yields strengthening sharply just as markets question whether the Fed will need to hike again this month.

U.S. stocks are mixed ahead of the open on Tuesday, with tech stocks leading the decline as investors also weigh bank earnings.

News over the weekend, including continued Houthi strikes in Riyadh has had negative impact on foreign currencies so far, especially those where the economy relies on energy imports. The EUR/USD is particularly vulnerable as lingering concerns over French fiscal policy continue to undermine the euro.

News over the weekend, including continued Houthi strikes in Riyadh has had negative impact on foreign currencies so far, especially those where the economy relies on energy imports. The EUR/USD is particularly vulnerable as lingering concerns over French fiscal policy continue to undermine the euro.

U.S. stocks are subdued on Monday as investors weigh oil prices and geopolitical developments, while looking cautiously ahead to Q3 bank earnings and inflation data later in the week.

Oil weighs up Russia developments against Middle Eastern tensions. EUR/USD struggles around 1.12 with US and EZ inflation data this week.

Deteriorating steelmaker profitability, seasonal weakness and bearish technicals are weighing on iron ore. But with the price testing critical support, there's genuine two-way directional risk despite the substantial headwinds facing bulls.

U.S. stocks are rising on Friday as oil prices ease on signs of reduced Middle East supply risks, although the telecom sector remains under pressure following SpaceX’s acquisition deal.

Markets went from risk off to risk on yesterday afternoon and we have since kicked on with some follow-up buying of stocks, gold and silver, while the dollar has also shown signs of weakness. Risk appetite turned positive after bond yields and oil prices both retreated yesterday.

The global equity markets remain under pressure and with oil surging higher again this week, we have even more reason to remain cautious. Already, the S&P and Nasdaq were running support from only a handful of hyperscalers and AI stocks. But even these indices have started to take notice of the deteriorating market breadth and global indices. Still, for me, the ongoing weakness is becoming more evident in the Dow and the small-cap Russell 2000 indices, and as such I will continuing watching these markets closely to provide a more accurate signal about the health of the stock markets.

U.S. stocks are set to open lower, with the Dow Jones leading the move south as U.S. oil prices jump 5% and Treasury yields rise, stoking inflation concerns.

Brent’s recovery above $100 is reinforcing inflation concerns and pressure on bond yields. Depleted inventories could limit oil’s downside even if a US-Iran deal emerges.
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