As a severe juxtaposition to this past week where event risk was extraordinarily light with modest improvement in critical themes allowing for some sentiment rebound, the week ahead is loaded with critical events with expected volatility readings plunging dangerous levels of complacency. When markets are prepared for sudden changes in the weather, the impact can be even more extreme.
Australian Dollar Forecast: Australian Dollar Market May be Calmer, But Watch Trade Headlines[1]
The Australian Dollar[2] 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[3]
Recent price action keeps the topside targets on the radar for crude oil[4] especially as the Relative Strength Index (RSI) flirts with overbought territory.
British Pound Forecast: Sterling Refuses to Believe in No Deal Brexit[5]
The British Pound is ending the week in positive territory, although off its best levels, as GBP[6] 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[7]
The US Dollar[8] 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[9]
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
