Australian Dollar Forecast –Limps Into New Week, May Well Stay Down
The Australian Dollar was already looking pretty battered when weak GDP figures delivered a hammer blow last week. Coming sessions offer little domestic data, which may mean respite. But don’t count on it.
Oil Forecast – Crude Oil Forecast: 2019 Recovery at Risk as Near-Term Range Buckles
Crude threatens the range-bound price action from the previous month, with oil slipping to a fresh monthly-low ($54.52) amid the weakening outlook for global growth.
British Pound Forecast –A Critical Week of Brexit Votes
The Brexit end-game nears as the UK Parliament vote on a series of Brexit bills next week which will decide the path of UK-EU negotiations.
US Dollar Forecast – US Dollar May Extend Advance as Market Sentiment Deteriorates
The US Dollar is likely to attract continued support from haven-seeking capital flows as global slowdown fears and political instability weigh on market sentiment.
Gold Forecast –Gold Prices Eyes Key US CPI Report, While Dovish Central Banks Underpin
Global central banks provide dovish stance amid concerns over economic climate. Demand picking up for Gold.
Equities Forecast – FTSE 100 Looks to Brexit Vote, Dow Jones to Retail Sales and CPI Data
The FTSE 100 will be the equity index to watch next week with a meaningful vote on Brexit scheduled for UK MPs next week.
See what live coverage is scheduled to cover key event risk for the FX and capital markets on the DailyFX Webinar Calendar.
See how retail traders are positioning in the majors using the IG Client Sentiment readings on the sentiment page.
