OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
USD/JPY to 164 by year-end 2026: the hike-that-failed…
Base case: USD/JPY at 164 by year-end 2026, bull case 168, bear case 155. The mechanism is that the Bank of Japan's (BOJ) 25 basis-point hike to 1.00% removed roughly a tenth of a rate…
S&P 500 to 7,650 by year-end 2026: the…
Base case: the S&P 500 reaches 7,650 by year-end 2026 on a 22.5× multiple applied to $340 of 2026 earnings per share. Bull case 8,100 (23.8×), bear case 7,100 (20.9×). The mechanism is multiple arithmetic,…
Gold to $4,500 by year-end 2026: the central-bank-bid…
Gold (XAU/USD) reaches $4,500/oz by December 31, 2026 in the base case, $5,200 in the bull case, and $3,900 in the bear case, with a persistent central-bank bid setting the floor and real yields the…
Gold to $4,200 by Q3 2026: downgrading the…
Gold reaches $4,200/oz by September 30, 2026 in the base case, $4,650 in the bull case, and $3,850 in the bear case. This is a downgrade from our $4,400 call, and the reason is specific:…
S&P 500 to 7,700 by end-Q3 2026: the…
The S&P 500 reaches 7,700 by end-Q3 2026 from a record 7,519, but the path is a multiple story, not an earnings story. Wall Street agrees on what companies will earn — roughly $340 per…
USD/JPY to 165 by end-Q3 2026: the carry-versus-intervention…
USD/JPY trades near 162.20 with a base case of 165 by end-Q3 2026. The mechanism is arithmetic, not sentiment: the Federal Reserve sits at 3.50%–3.75% with a hawkish dot plot while the Bank of Japan…
Gold capped near $4,200 into Q3 2026: the…
Gold (XAU/USD) holds a $3,900–$4,250 band and is capped near $4,200 by September 30, 2026 in the base case, with a $4,600 bull case if real yields compress and a $3,700 bear case if the…
WTI to $72 by Q3 2026: the Hormuz…
West Texas Intermediate (WTI) crude settles near $72/bbl by September 30, 2026 in the base case, $62 in the bear case and $95-plus in the bull case, as the Strait of Hormuz risk premium unwinds…