If the US CPI declines due to coronavirus, the Dollar's real interest rate may stay in positive territory even if the FED cuts the rates on March 18th. This means pressure for Gold prices.

We have been selling the pair since mid-August. As we have published in our previous forecast, the EURGBP pair is a typical “sell the pullbacks” pair.

Although the global economy signals a return from the bottom and major central banks do not signal additional easing, this outlook may be reversed by the US-China talks. The main determinants of gold prices will continue to be US-China developments.

Australia Labor Market and Chinese Production data missed the expectations and showed a significant weakness.

There is a bullish Elliott Triangle in play. These levels can be used as buying opportunities.

While the markets were focusing on Brexit vote in the UK Parliament, CB Governors continue to send "easing in monetary policies" messages via the IMF and World Bank's 2019 Fall Annual Meetings in Washington.

The Fed’s repo operations and tools that the Fed will use to balance dollar liquidity may create volatility in the near term picture.

Brexit optimism, relatively hawkish announcements from BoE and promising macroeconomic data from the U.K remain to be supportive for Sterling.

Trade Wars optimism eased the pressure on Asia Indices. HSI50 completed an Inverse Head & Shoulders Pattern.

The latest decline in DXY appears to be just a technical correction. Trump does not want a strong USD, however, the Fed does not seem to be dovish enough.

GBPJPY is stuck in a triangle.

A soft tone in the US-China Trade War adds weight on gold prices near term.

Last week, we had a fundamental triangle pattern that helped Sterling’s recovery. Rising hopes for a better Brexit deal helped GBP to gain ground against all major currencies.

Another shock to Crude Oil prices came from China which plans to tax a host of American goods including crude oil starting September 1, in a counter move to the Trump Administration’s latest round of tariffs.

Why are markets talking about a recession? What are the indicators of a recession? The shift of interest rate difference from positive to the negative region is perceived by the market as the signal of an upcoming recession and a new global crisis.

Oil prices increased more than 3% with the news that Saudi Arabia is working to have its state oil giant Saudi Aramco list on a stock market as early as at the beginning of 2020, the WJI reported on Friday, quoting people close to the talks.