Weekly Fundamental Forecast: Heavy Event Risk Ahead Including US GDP, Brexit Vote And Trade War Updates

Australian Dollar Forecast –Australian Dollar Market May be Calmer, But Watch Trade Headlines

The Australian Dollar market has had a busy start to the year, with plenty of news drivers from every quarter. This week may see some respite

Oil Forecast – Crude Oil Prices Risk Overbought RSI Signal Despite Record U.S Output

Recent price action keeps the topside targets on the radar for crude oil especially as the Relative Strength Index (RSI) flirts with overbought territory.

British Pound Forecast – Sterling Refuses to Believe in No Deal Brexit

The British Pound is ending the week in positive territory, although off its best levels, as GBP continues to nudge higher on expectations that a No Deal Brexit will be taken off the negotiating table.

US Dollar Forecast – US Dollar Eyes Powell Speech, US- China Trade Talks, Data Deluge

The US Dollar faces what looks like a perfect storm of fundamental event risk as testimony from Fed Chair Powell, key data and US-China trade talks compete for attention.

Gold Forecast – Gold Price Rally May Stall on a Trade War Resolution

Gold’s recent rally may stall should the US-China trade war reach an end as significant headwinds for global growth are lifted and risk is taken off the table.

Equities Forecast – Trade War Deadline, Brexit Vote, Fed Powell Testimony in Focus

As the US-China trade war deadline draws near, expectations of an extension increase. Brexit uncertainty continues to hold back the FTSE 100.

Currencies vs. USD

 

Disclosure: 

See what live coverage is scheduled to cover key event risk for the FX and capital markets on the DailyFX ...

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