The US Dollar may continue higher as minutes from May’s FOMC meeting and a speech from Chair Powell boost Fed rate hike expectations further.
The Australian Dollar is unlikely to perk up meaningfully this week, but there is reason to suggest that it may not fall much further either
Chinese Yuan Forecast: Yuan May Gain Ahead of MSCI Inclusion; Risk from Trade Disputes Remains
In less than two weeks, Chinese A-shares will be officially added to MSCI indices, which will likely boost the demand in the Yuan. At the same time, China may find more mutual interests with Germany than with US.
What a week for crude! Brent traded at its highest premium to WTI in three years by trading above $80/bbl as bullish forces continue.
Equities Forecast: S&P 500, DAX & FTSE - Maintaining a Bullish