Risk trends have held up well this past week despite a constant battering from recession fears and the growing concerns that trade war traction is slipping. With Brexit headlines over the weekend setting up a volatile week’s start and EURUSD[1] attempting to run a reversal ahead of the ECB on months of bearish retreat, key moves may take root or collapse ahead.
Crude Oil Price Outlook: Trade War Pains May Prompt Selloff[2]
Crude oil prices[3] may encounter significant selling pressure if China retaliates against the US and pushes back trade war talks after the House passed a controversial bill over the Hong Kong protestors.
US Dollar Outlook Mired by Growing Bets for October Fed Rate Cut[4]
Data prints coming out of the US economy may continue to drag on the Dollar as fears of a looming recession boosts bets for another Fed rate cut.
Australian Dollar Could Wilt if Brexit Delayed, Growth Risks Hang[5]
The Australian Dollar[6] could reverse gains if Brexit is forced to be delayed. Global growth slowdown woes and other fundamental risks may also undermine AUD/USD[7] upside progress.
Gold Weekly Outlook: Trade War Fears Battle US Dollar Weakness[8]
Gold[9] remains stuck in a range as a range of conflicting forces battle and fail to take control of price action.
Dow Jones, Nasdaq 100 and DAX 30 Forecasts for the Week Ahead[10]
The Dow Jones[11] and Nasdaq[12] 100 will await key earnings from some of the world’s largest manufacturers and tech companies while the DAX[13] grapples with freshly-imposed tariffs.
EUR/USD Weekly Technical Forecast: Bullish Momentum Persists, Eyes on Key Brexit Vote[14]
