Forecast - A Data Intensive Week to Stir Deep Fundamental Trends
• In stark contrast to last week, the gobal economic docket will be packed with high-profile event risk ahead
• Key event risk this week includes the US NFPs, ECB rate decision and China's SDR inclusion
• While there is plenty of specific data, the big picture of monetary policy and risk appetite should be monitored
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Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. Traders will just be happy this week that liquidity is filling out and the docket is fully stocked with market-moving event risk. While these are certainly more tradable circumstances compared to what we saw last week, we shouldn't lose sight of the bigger picture. Event risk is most effective when it connects to important underlying themes. Among the top themes are relative monetary policy and risk trends. The former will find plenty of fuel to work with ahead. However, it is the latter that is the lurking risk/opportunity moving forward. We discuss this potential in this week's fundamental webinar.