Daily Market Outlook - Thursday, Dec. 4
On Thursday, Japanese markets stole the spotlight across Asia, with the country's stocks leading regional gains.
Two Trades To Watch: DAX, GBP/USD Forecast - Thursday, Dec. 4
DAX rises amid a global risk-on sentiment. GBP/USD consolidates around 1.335 ahead of US data.
Japan In Focus, With Fiscal Stimulus And BoJ Rate Cut Both Expected
The circa 2% gain for the Nikkei 225 came amid claims from BoJ Governor Ueda that the government’s economic stimulus plans will positively impact economic growth, although it would also have inflationary effects.
USD/JPY Forecast: FOMC Outlook In Focus
USD/JPY dips amid volatility, with key support at ¥155 and resistance at ¥158 shaping near-term price action; broader dollar strength remains intact ahead of FOMC guidance.
Pound Sterling Holds Onto UK Budget-Relief Rally
The Pound Sterling continues to outperform its major currency peers since the UK budget announcement.