Weekly Trading Forecast: US-China Trade War Escalation Unnerves Risk
This past week closed to a dramatic increase in the US-China trade war terms…and yet the markets seemed to simply shrug the news off. Complacency is increasingly dangerous with growth signals flagging and Trump considering another course trade conflict via autos.
Check out our Economic Calendar for upcoming economic data and central bank events.
Crude oil prices will likely continue to find themselves jerked between oscillations in market sentiment as fundamental themes increase pressure on investors.
The current environment may continue to drag on the price of gold as the Federal Reserve remains in no rush to alter the outlook for monetary policy.
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.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.