Weekly Outlook and Trading Forecast

On your trading broker with scalping success is depending. Actually, every broker doesn’t allow scalping in their trading platform that’s why I think that scalpers should more careful while choosing their broker. Like, I was very careful while choosing my trading broker. But I am very fortunate to choosing them because they are really very reliable with their overall service system as they allow same service for all types of traders.

At first, it may seem like volatility risk was avoided in financial markets. After the worst week on Wall Street since March, the past 5 days saw equities eke out slight gains.

After a rosy start, the S&P 500, Dow Jones and Nasdaq Composite struggled to find follow-through. In the background, there seem to be rising fears of a second wave of the coronavirus. New hotspots emerged in Beijing. In the US, states like California, Florida and Texas reported record single-day rises in Covid-19. Meanwhile, the Fed’s balance sheet shrank the most this year.

Rising cases may pressure local government officials to pause or unwind lockdown easing measures. As markets are forward looking, this could offset further rosy surprises in economic data from the world’s largest economy. Traders will be awaiting US durable goods orders, Markit PMIs (manufacturing & services), personal spending and University of Michigan Sentiment.

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The Australian Dollar may continue to outperform its US counterpart in 2021 as the RBA continues to rule out a negative interest rate policy (NIRP).

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The end of November and beginning of December is typically one of the best times of the year for US stocks. The Santa Claus rally nears.

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Staff projections in December may not resolve all uncertainties around the medium-term outlook and policymakers must keep sufficient options for future monetary policy actions, the minutes of the latest European Central Bank meeting showed Thursday.

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Gold, much like many other markets this week, witnessed a change in sentiment as Omicron fears and questions over aggressive tapering bets eased.

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Here are stock selections for the strongest part of the year.

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While posting a modest positive performance in the final quarter of 2021, the shift by several central banks to begin withdrawing pandemic-era stimulus efforts had begun to weigh on longer-term inf...

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The Japanese Yen managed to gain against its G10 peers last week, a rare occurrence as of late. A potential shift in the Bank of Japan's inflation outlook is on the table. Will USD/JPY react?

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Apple presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

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