Fiona Cincotta
Fiona Cincotta
Senior Market Analyst
Expertise: Macroeconomics/Fundamental & Technical Analysis/Media
Trading Style: Trend/Swing
Experience:
• Over 15 years’ experience trading and analysing UK, European & US markets
• Covers forex, equity, commodity, and crypto assets
• Webinars seminars and regular appearances on BBC, Reuters and Bloomberg TV as well as a weekly slot on BBC’s World Business report (World Services).
• Regularly quoted in Bloomberg, Reuters and MarketWatch among other outlets
Follow- Newest
- Popular
S&P 500 forecast :SPX recovers from initial post NFP falls
US stocks recover from initial post-NFP losses. The closely watched US jobs report saw 199k jobs added in November, up from 150k. Meanwhile, unemployment fell to 3.7%, and wages grew at 0.4%, faster than expected. The data saw investors rein in Fed rate cut bets.
EUR/USD, USD/JPY Forecast: Two trades to watch
EUR/USD falls after German inflation and ahead of US jobs data. USD/JPY stabilises after yesterday's slump, US non-farm payroll data up next.
EUR/USD, Oil Forecast: Two trades to watch
EUR/USD trades at a 3-week low on rate cut bets. Oil steadies after yesterday's steep selloff, China data could limit gains.
Nasdaq 100 forecast: Stocks rise as weaker jobs data supports a dovish pivot
US stocks are heading higher after US ADP payrolls came in below expectations at 103k in November from 113k. The data comes after weaker than expected JOLTS jobs openings and supports the view that the Federal Reserve could look to cut interest rates early next year. Attention now turns to US non-farm payrolls and next week's FOMC meeting.
DAX, GBP/USD Forecast: Two trades to watch
DAX rises to an all time high on rate cut bets. GBP/USD look to BoE's Bailey & US ADP payrolls.
Nasdaq 100 forecast :Stocks slip for a second day with jobs data in focus
Stocks are heading for a second day of losses as investors look ahead to data releases ahead of Friday's key non-farm payroll and next week's FOMC meeting. Attention is on US ISM services PMI which is expected to rise and JOLTS job openings which are forecast to show a slight decline to 9.3 million. Stronger than expected data could see the market push back on Fed rate cut expectations, pulling stocks lower.
EUR/USD, FTSE Forecast: Two trades to watch
EUR/USD falls ahead of EZ services PMI data. FTSE falls for a second day, miners under pressure.
S&P 500 forecast: SPX looks to data for policy clues as blackout period kicks in
S&P 500 is heading to a lower open amid a cautious market mood. After strong gains across November, on bets that the Fed is at peak rates and could cut next year, attention now turns to economic data for clues over the Fed's next move. US factory orders are due today but the main focus will be on Friday's non-farm payroll figures. Meanwhile Uber rallies on S&P 500 inclusion news and Coinbase soars as Bitcoin hits breaks above $40k.
EUR/USD, USD/JPY Forecast: Two trades to watch
EUR/USD falls with rate cut bets in focus. USD/JPY falls to a 3-month low as geopolitical tensions rise.
Nasdaq 100 forecast: Stocks look cautiously to Fed Chair Powell's appearance
US stocks are set for a quiet open as investors look cautiously ahead to an appearance by Federal Reserve Chair Jerome Powell later today. His comments will come as the Fed's preferred measure of inflation cooled to 3.5% YoY in October and as the market wraps up a month of impressive gains. Optimism that the Fed could start to cut rates next year lifted the Nasdaq 100 11% this month, its best monthly gain since mid-2022.
EUR/USD, Oil Forecast: Two trades to watch
EUR/USD struggles below 1.09 ahead of manufacturing data & Fed Chair Powell’s speech. Oil falls after OPEC+ underwhelmed.