Dow Rises And Gold Falls On Trade War Enthusiasm, ECB Decision Top Event Ahead

Though tentative, market participants latched on to nascent signs that trade war conditions may improve and the threat of recession is not as imminent as many fear. This would be the perfect opportunity for monetary policy to further leverage the uneven swell in sentiment. The ECB will start a run of key policy meetings, but its decision in particular will echo through the markets.

GBP Braces for Brexit Volatility: General Election Still Possible

British Pound traders will likely experience nauseating volatility next week as Brexit negotiations continue to wrap traders in a web of uncertainty as the October 31 deadline approaches.

Australian Dollar Lifted By Risk Appetite Shift But Still Vulnerable

Last week was a good one for Australian Dollar bulls but, as nothing fundamental has changed, gains must be regarded as fragile.

Oil Prices Hold August Range Ahead of World Energy Council Congress

Developments coming out of the World Energy Council may influence crude prices as OPEC and its allies remain committed in balancing the energy market.

Gold Price Forecast: Positive Outlook But Downside Risks Remain

A volatile week for gold, hitting a fresh six year+ high before dropping over 3% in one day as risk sentiment swings sharply. And the drivers remain US and China.

Dow Jones, Nasdaq 100, DAX 30, FTSE 100 Forecasts for the Week

The Dow JonesNasdaq 100, DAX 30 and FTSE 100 have all regained their footing alongside an improvement in US-China trade rhetoric, but can the indices hold recent gains?

US Dollar Uptrend May Return on Haven Demand, Dovish ECB, CPI Rise

The US Dollar may be back on offense after last week’s retreat, buoyed by haven demand as well as a dovish ECB and a fourth month of gains in core inflation.

Dow Rises and Gold Falls on Trade War Enthusiasm, ECB Decision Top Event Ahead

 

Disclosure: DailyFX forecasts on a variety of currencies such as the 

US Dollar or 

more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.