News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Wall Street
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Get your snapshot update of the of relative currency strength and exchange status from around the globe here:
  • Get our analysts’ view on the key fundamentals for indices in Q2. Download now.
  • The Spinning Top candlestick pattern forms part of the vast Japanese candlestick repertoire with its own distinct features. Gain a better understanding of the spinning top candlestick here:
  • There’s a strong correlation between interest rates and forex trading. Forex is ruled by many variables, but the interest rate of the currency is the fundamental factor that prevails above them all. Learn how interest rates impact currency markets here:
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here:
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here:
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here:
  • Human error in the forex market is common and often leads to familiar trading mistakes. These trading mistakes crop up particularly with novice traders on a regular basis. Learn about the top ten trading mistakes and how you can avoid them here:
  • Consolidation or bull flag? A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. Learn how to better spot these formations here:
  • What is your forex trading style? Take the quiz and find out:
Dow Jones Looks to Trade Wars, DAX and Nikkei to GDP Data

Dow Jones Looks to Trade Wars, DAX and Nikkei to GDP Data

Peter Hanks, Strategist

Stock MarketTalking Points:

  • US and China trade officials are slated to meet in Beijing on February 14th and 15th
  • The Japanese Nikkei awaits GDP data scheduled for release on Wednesday
  • The German DAX will look to avoid a technical recession with GDP data due Thursday

Looking for a technical perspective on Equities? Check out the Weekly EquityTechnical Forecast.

Dow Jones Fundamental Outlook

Forecast: Mixed

The Dow Jones Industrial Average and its counterpart in that of the S&P 500 will take their cues largely from non-scheduled data next week. As earnings season winds down, sentiment and price action will turn once again to the larger overarching themes that equities have faced for months.

Think the stock market is headed for a crash? Learn some bear market trading strategies and techniques.

Trade wars remain the paramount concern with US and Chinese officials scheduled to meet in Beijing on Thursday and Friday. The talks are critically important for progress as the 90-day deadline approaches expiration on March 1st. Further, President Donald Trump confirmed a report that he will not meet with Chinese President Xi Jinping before the deadline. The lack of a face-to-face meeting between the two Presidents places increased pressure on trade officials from both sides.

Dow Jones Price Chart: Daily Timeframe (January 2018 – February 2019) (Chart 1)


Learn about the differences between the Dow, Nasdaq, and S&P 500.

Japan Awaits GDP

Forecast: Bearish

The Japanese Nikkei 225 will look to Wednesday’s release of Q4 GDP data for the country. Japan’s economy has faced disappointing growth figures in recent quarters and hopes to avoid another one with the data release for the most recent quarter. A surprise to the topside could stoke some bullishness but with economists across the globe warning of slowing growth, the risk of a miss seems greater than that of a surprise. Similarly, a miss would only confirm global growth concerns and dent equity sentiment further.

View our Economic Calendar for key data releases like Japanese and German GDP due next week.

Nikkei 225 Price Chart: Daily Timeframe (September 2017 – February 2019) (Chart 2)

Nikkei 225

Germany Looks to Avoid Recession

Forecast: Bearish

The German DAX 30 awaits GDP data due on Wednesday. Technically speaking, two successive quarters with a fall in GDP constitutes a recession. At present, a Reuters poll forecasts German GDP to climb by 0.1% after receding -0.2% last quarter. With risks skewed to the downside, the data point may be the most critical piece for the DAX but will likely have a considerable impact on all other European equities. Long referred to as the “powerhouse” of Europe, a recession would not bode well for the continent’s outlook. Broader growth concerns and widespread European equity weakness could then spread to the US equity session.

DAX 30 Price Chart: Daily Timeframe (September 2016 – February 2019) (Chart 3)


Another headwind facing the DAX is the possibility of US auto tariffs. The Trump administration has considered such tariffs in an effort to rebalance trade between the United States and the European bloc. German automakers account for 10-12% of the DAX’s market cap and are a critical industry for the country. Should such tariffs be imposed, it could have considerable downward pressure on the DAX and US indices as it would open a new trade war front for the United States.

Read more: Will the Stock Market Crash in 2019?

--Written by Peter Hanks, Junior Analyst for

Contact Peter on Twitter at @PeterHanksFX

DailyFX forecasts on a variety of currencies such as the US Dollar or the Yen are available from the DailyFX Trading Guides page. If you’re looking to improve your trading approach, check out Traits of Successful Traders. And if you’re looking for an introduction to the Forex market, check out our New to FX Guide.

Other Weekly Fundamental Forecast:

Australian Dollar Forecast – Australian Dollar Could Take Some Rest On The Road Lower

New Zealand Dollar Forecast – NZD/USD Looks Vulnerable. How Dovish Will the RBNZ Turn Next Week?

Oil Forecast – Fears of Slowing Global Growth to Limit Further Gains

British Pound Forecast – Dovish BoE, Brexit Hell

US Dollar Forecast – US Dollar May Build on Rebound as Market Mood Sours Further

Gold Forecast – Bull-Flag Unfolds as Fed Warns of 'Muted' Inflation

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.