Weekly Fundamental Forecast: Trade War Fears Cool, Equities Rally, Brexit Talks Deteriorate For Next Week


The primary fundamental drivers of the past months have taken a notable change in course or have otherwise withdrawn their influence over the broader markets. Is this renewed risk appetite and discounted range of threats a dependable course for the financial system and speculators?

New Zealand Dollar Forecast – Fed, RBNZ Risk Derailing Remarkable New Zealand Dollar Recovery

The remarkable recovery in New Zealand Dollar could be at risk if the RBNZ still leaves the door open to rate cuts as Fed raises them and prepares the markets for the last one this year.

Japanese Yen Forecast – JPY Bears Eye 113 Level

The Japanese Yen had another soft week, while the fundamental theme alongside the technical set up suggest that the recent weakness is set to continue.

Oil Forecast – Oil Firms Ahead of Algiers OPEC Meeting That May Set Stage for Q4

The world has changed since OPEC met last in June including an EM crisis, Trade war escalations, and further oil market tightening that could tilt the outcome of the plan to hike oil output.

British Pound Forecast – Bullish Sentiment Erased by Brexit Impasse

Sterling came down to earth with a bang as EU leaders roundly rejected UK PM Theresa May’s Chequers proposal, leaving future Brexit negotiations looking precarious.

US dollar Forecast – US Dollar May Resume Rising Trend After FOMC Rate Decision

Recent US Dollar weakness looks like tactical position management, not a change of overall direction. The rising trend may resume after the FOMC rate decision.

Gold Forecast – Gold Price Headed for a Break, may Turn Lower on Sour Sentiment

Gold is headed for a break in the next week as it trades narrowly between two trend lines. The precious metal faces bearish sentiment with US equities at all-time highs.

Australian Dollar Forecast – Australian Dollar Gains May Be Stymied By Fed Meet, Aftermath

The Australian Dollar has had a rare run of gains,which have taken it up to three-week highs. However they may not continue in the coming week

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *