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Australian Dollar Hit as Market Mood Sours, ECB Taper Talk Eyed. Will Risk Appetite Return?

Australian Dollar Hit as Market Mood Sours, ECB Taper Talk Eyed. Will Risk Appetite Return?
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Stock Market Forecast for the Week Ahead: Will Risk Appetite Recover?

Stock Market Forecast for the Week Ahead: Will Risk Appetite Recover?
2021-05-16 12:00:00
Peter Hanks,
Strategist
Stock Market Forecast for the Week Ahead: Neutral
The Dow Jones, Nasdaq 100 and S&P 500 will look to recover from last week’s turbulence
Inflationary fears have pressured risk appetite across asset classes and traders will look to the upcoming Fed minutes for further insight
Stock Market Forecast for the Week Ahead
The Dow Jones, Nasdaq 100 and S&P 500 endured considerable volatility last week as the three indices declined roughly -1.1%, -2.3% and -1.4% respectively. White-hot inflation data was largely to blame for the initial wave of selling as investors reassessed the Fed’s policy path given new economic readings. As the week progressed, disappointing retail sales and consumer confidence data helped to soothe hawkish fears and the indices were able to close the week off the lows. ....

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