Monday, 3 February 2020

British Pound (GBP) Latest: Sterling Weakens Ahead of Preliminary EU-UK Trade Talks

Sterling opens the week lower as the UK and the EU present their negotiating directives and plans for the new EU-UK trade relationship, with a huge difference of opinion expected between the two si...

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Impact of Virus Outbreaks: S&P 500, Gold, Oil and Currency Analysis

Coronavirus has rattled financial markets. We look at previous virus outbreaks to gauge its potential impact on the S&P 500, Gold, Oil and Currencies.

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USD May Fall on ISM Data, Virus Fears, Inflamed Fed Rate Cut Bets

The US Dollar may suffer if weak ISM data amplifies what are already-inflamed Fed rate cut bets as the coronavirus outbreak continues to dampen sentiment.

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Sunday, 2 February 2020

Gold Prices Ease Back Despite China Stock Plunge On Virus Worries

Gold prices remained below last week's four-week highs as broader markets began to hope that coronavirus fallout won't match that of previous contagions.

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Crude Oil May Fall with NOK on Coronavirus, Key Economic Data

Crude oil prices and the petroleum-linked Norwegian Krone may fall on coronavirus contagion risks and crucial PMI data, but losses may be trimmed by the State of the Union Address.

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Dow Jones, Nasdaq 100, S&P 500, Gold Price Outlook: Eyes on Fed Repos

The Dow Jones, Nasdaq 100, S&P 500 and gold prices rallied in 2019 on US-China trade deal bets and a swelling of the Fed’s balance sheet. What is the road ahead for 2020 from here?

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How to Trade the Impact of Politics on Global Financial Markets

As the global economy continues to contract, the risk of geopolitical threats undermining financial and economic stability are rising, leaving the door open to violent volatility – and trading oppo...

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Australian Dollar Backtracks as China Caixin PMI Prints 5-Month Low

The Australian Dollar took a hit as China’s manufacturing performance remains tepid, even before coronavirus effects can be fully factored in.

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Stock Markets May Struggle Even If Coronavirus Fears Subside

Global stock markets may continue to struggle even if worries about the ongoing Wuhan coronavirus subside. The unrivaled liquidity of the US Dollar may see it capitalize.

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Yen, Euro and Pound Rose, AUD/USD May Fall as February Starts

The Japanese Yen, British Pound and Euro soared against the US Dollar as coronavirus fears sunk the S&P 500 and fueled Fed rate cut bets. Ahead, the Australian Dollar may weaken.

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S&P 500, Crude Oil, Gold Prices, US Dollar: Markets Face Tipping Point

The S&P 500 erased January's upside progress as coronavirus fears dented sentiment-linked crude oil prices and fueled anti-fiat gold prices. Investors are doubling down on a dovish Fed which is in ...

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Dow Jones, Nasdaq 100, DAX 30 Forecasts for the Week Ahead

Global equity markets have been closely monitoring the spread of the coronavirus as China shutters businesses and quarantines cities. With few precedents to look to, uncertainty may reign.

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Saturday, 1 February 2020

USD/MXN Weekly Forecast: Mexican Peso Correction to Continue, Fundamentals are Weak

The Mexican Peso seems to have lost the upper hand against the US dollar and is facing a downward correction, supported by its weakening economic data.

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Gold Price Outlook Bearish on State of Union Address, ISM Data

Gold prices may suffer if President Trump’s State of the Union Address hints at future expansionary fiscal policies and cools 2020 rate cut bets along with demand for anti-fiat hedges.

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US Dollar Torn as Fed Rate Cut Bets Clash with Haven Demand

The US Dollar is being pulled in opposite directions as the appeal of its unrivaled liquidity clashes with swelling Fed rate cut bets amid increasing turmoil market-wide.

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Crude Oil Selloff Deepens; Can NFP Data Dwarf Coronavirus Fears?

Crude oil officially fell into bear market territory last week after sinking another 5% on the novel coronavirus outbreak, but high-impact US jobs data is due for release and could rekindle risk ap...

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Friday, 31 January 2020

Australian Dollar May See Some Virus Respite if RBA Can Stay Upbeat

The Australian Dollar is under plenty of fundamental pressure as coronavirus fears drains support from all risk-correlated assets. While this dynamic will endure, Australia’s central bank may buy A...

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Crude Oil and Copper Sink as Coronavirus Rekindles Global Growth Fears

Crude oil and copper reacted violently on coronavirus fears, but the brewing international health scare may reflect a broader return of market volatility and global growth fears.

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Impact of Virus Outbreaks: S&P 500, Gold, Oil and Currency Analysis

Coronavirus has rattled financial markets. We look at previous virus outbreaks to gauge its potential impact on the S&P 500, Gold, Oil and Currencies.

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Bitcoin Price Rally Stalls at Resistance, Will it Reverse?

Bitcoin has enjoyed a bullish beginning to 2020, reclaiming key technical barriers. Stalling at a Fibonacci level, can the coin press higher? Or will it reverse?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...