Monetary policy was the key theme of the past week with the Fed following in the ECB’s footsteps with a rate cut and other extraordinarily dovish authorities held steady in QE and negative rates. There is a run of high level central banker speeches in the week ahead, but wavers in US-China trade relations and a steady wave of growth fear headlines will compete for our attention.
US Dollar May Rise if US GDP Data, Trade War Risks Spook Markets[1]
The US Dollar[2] may catch a haven bid if US GDP data beats forecasts and cools Fed rate cut bets against the backdrop of fragile US-China trade talks.
Euro May Keep Falling on Dovish ECB, Soft Data and Sour Sentiment[3]
The Euro[4] may continue to fall as local data bolsters dovish rhetoric from ECB President Draghi while US-China trade talks and Brexit risk rattle broader sentiment.
Gold Price Outlook: Monthly Range on Radar Ahead of More Fed Rhetoric[5]
Fresh comments from a slew of Federal Reserve officials may influence the price of gold[6] as there appears to be a growing dissent at the central bank.
Australian Dollar Struggling But Underpinned By More Robust Risk Appetite[7]
The Australian Dollar[8] took knocks last week from several directions, both foreign and domestic. This week may be better for the bulls, if only a little.
Sterling (GBP) Price Forecast: Supreme Court Ruling May Stem Latest Rally[9]
The UK Supreme Court will rule next week if PM Boris Johnson’s prorogation of Parliament was legal or not. A negative ruling would stop the latest Sterling rally in its tracks.
Dow Jones, DAX 30, FTSE 100 Forecasts for the Week[10]
The Dow Jones