Weekly Trading Forecast: Can Key Events like China GDP Cut Through Political Risk Volatility?
Benchmarks indices and currencies from the Dow to the Dollar continue to burn through volatility, but meaningful trends remain elusive. Can key event risk like China GDP or the BoC rate decision offer clarity to counter the general uncertainty of political risk?
US Dollar Forecast: US Dollar Range Continues as Inflation Prints at One-Year Highs
The US Dollar continued to hold the range that’s been present for the past two months, and another strong inflation report may keep bears at bay for a while longer.
British Pound Forecast: Heavyweight UK Data Will Steer Sterling Next Week
Sterling traders will be on their toes on Tuesday and Wednesday next week, waiting for the latest UK jobs, wages and inflation releases. Will they underpin the recent GBP rally?
Australian Dollar Forecast: Australian Dollar Rides Out Broadly Stronger China Trade Data
The Australian Dollar market was clearly focused elsewhere Friday and didn’t react much to news of a Chinese import surge, and a rise in its trade surplus with the US
Chinese Yuan Forecast: Yuan Risk Remains Elevated amid US, China Seeking Trade Allies, 1Q GDP
US-China tariffs attacks may be on hold, but each party has begun to bring in allies. Also, China will release the first quarter GDP, having the Yuan at risk from home.
Crude Oil Forecast: Crude Oil Bulls Have a Banner Week As Reasons To Be Long Multiply
Crude oil traded to the highest level since 2014 this week on escalating geopolitical tensions that could lead to supply shocks while IEA says demand remains robust.
Equities Forecast: S&P 500, DAX & FTSE – Can the Bounce Sustain?
Last week risk appetite continue to firm up, but sustainability remains questionable; economic calendar on the light side, but there are other headline risks to watch.
Gold Forecast: Gold Prices Look to Fed Commentary, Beige Book and Risk Trends
Gold prices face US retail sales, Fed commentary and the central bank’s beige book. The anti-fiat asset could be vulnerable to swings in sentiment on geopolitical and trade developments.
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.
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