Friday , 22 November 2024
Home Forex 4 reasons US equites are nervous
Forex

4 reasons US equites are nervous

US equities on Thursday:

UBS say to expect more volatility ahead, through to the election.

Analysts there nominate 4 reasons:

  • higher yields
  • expectations for a more modest pace of Federal Reserve interest rate cuts
  • geopolitical concerns
  • election uncertainty

And point to the VIX around its long-run average of 20, off its lows seen earlier this year.

UBS maintain their forecast for the S&P 500 at 6600 by year-end 2025:

  • corporate earnings solid
  • resilient US economy
  • Fed committed to lowering rates
  • AI demand still a driver of growth

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

What technical levels are in play for some of the major currencies vs the USD for Nov 22

The European data was yucky (if I can use a favorite word...

Why You Should Constantly Question the Market

While having discipline is a very important trait for a trader, we...

Gold rallies to above $2,700 on Russia-Ukraine tensions

Gold (XAU/USD) rallies for the fifth day in a row, making it...

GBP/USD: GBP has stabilized just above 1.25 – Scotiabank

UK data reports today were roundly disappointing, weighing on the Pound Sterling...