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
More View more
Real Time News
  • *Reminder: Weekly Strategy Webinar tomorrow morning at 8:30am ET on DailyFX!
  • (Weekly Fundy) Crude Oil May Rise as Covid Case Growth Slows. WTI Eyes OPEC Outlook, Evergrande #CrudeOil #WTI #OPEC #Evergrande
  • Recessions can devastate the economy and disrupt the fortunes of individuals, businesses, and investors. But economic decline in the business cycle is inevitable, and your trading can be defined by how you respond to crisis. learn how to prepare here:
  • We are heading into the final trading days for the month of September and event risk thins out amid the $SPX's rebound. This is what history says for the 39th week of the year and here is my take on the variable factors:
  • Further your forex knowledge and gain insights from our expert analysts on AUD with our free guide, available today:
  • The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. Find out about the recent history of ISM data, how to track it, and how to trade its release here:
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:
  • Short-term uncertainties to keep the pressure on equity markets. Get your weekly equities forecast from @JMcQueenFX here:
FTSE 100 Looks to Brexit Vote, Dow Jones to Retail Sales and CPI Data

FTSE 100 Looks to Brexit Vote, Dow Jones to Retail Sales and CPI Data

Peter Hanks, Strategist

FTSE 100 and Dow Jones Outlook:

  • The FTSE 100 will face significant uncertainty in the mid-week trading days should Tuesday’s withdrawal agreement vote fail
  • The Dow Jones will look to US CPI data due Tuesday, which could influence Fed policy
  • Learn to day trade the Dow Jones with our Dow Jones Day-Trading Guide

As it has in the past, Brexit will be the headline theme for the FTSE 100 next week. UK members of parliament are slated to vote on Theresa May’s withdrawal agreement on Tuesday. Should the vote fail, a subsequent “no-deal” vote will be put to members of parliament. In the event both votes fail, an extension of Article 50 will be triggered on Thursday.

FTSE 100 Price Chart: 4-Hour Time Frame (December 2018 to March 2019) (Chart 1)


Therefore, the British equity index will face significant uncertainty. Should the Article 50 extension trigger, the prospect of prolonged Brexit negotiations may weigh on the FTSE 100. Whatever the outcome, the subsequent reaction in the FTSE 100 may influence the Dow Jones.

Looking for a technical perspective on equity? Check out the Weekly Equity Technical Forecast.

Dow Jones Price Chart: 4-Hour Time Frame (October 2018 - March 2019) (Chart 2)

Dow Jones

While Dow traders will keep a watchful eye on Brexit, the index will first look to US retail sales data on Monday. Last month’s retail sales data offered a dismal outlook for consumer spending and weighed on the industrial average.

On Tuesday, the index will look to US CPI. When taken at face value, the data is relatively insignificant for equities, but the influence it can exert on the Federal Reserve’s policy cannot be overstated. A strong CPI print could be perceived to ignite a more-hawkish Federal Reserve, which would likely prove troublesome for the Dow Jones.

An in-depth commentary on the central bank’s policy may be offered Sunday night with the airing of a TV interview with Fed Chairman Powell accompanied by previous Fed Chairs Yellen and Bernanke. Given the platform it is unlikely major changes to current policy will be discussed, but insight on the Fed’s decision-making process may be offered.

--Written by Peter Hanks, Junior Analyst for

Contact and follow Peter on Twitter @PeterHanksFX

DailyFX forecasts on a variety of currencies such as the Pound or the Euro 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 introductory primer to the Forex market, check out our New to FX Guide.

Other Weekly Fundamental Forecast:

Australian Dollar Forecast –Limps Into New Week, May Well Stay Down

Oil Forecast – Crude Oil Forecast: 2019 Recovery at Risk as Near-Term Range Buckles

British Pound Forecast –A Critical Week of Brexit Votes

US Dollar Forecast – US Dollar May Extend Advance as Market Sentiment Deteriorates

Gold Forecast –Gold Prices Eyes Key US CPI Report, While Dovish Central Banks Underpin

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