Weekly Fundamental Forecast: Markets Start a New Month with G20, Brexit, Euro-Area Stability and Fed Policy All Under Scrutiny

Though the capital and forex markets generally held back from systemic trends this past month, volatility was practically overflowing through the period. The typical ‘quiet December’ assumption will be put to the test against a laundry list of critical, unresolved fundamental threats. Traders should not be complacent.


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S&P 500 and Dow Jones Outlook: US-China Trade War Truce Sparks Rally

Risk sentiment has been buoyed amid the trade war truce between the US and China, following the G20 summit.


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US Crude Oil Price Breaks Higher, May Rally Further

The price of US crude oil has clambered out of a downward channel in place on the daily chart since early October; a positive signal after a series of constructive developments for the commodity.


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Weekly CoT Update for Gold, GBP/USD, and Other Major Markets

No real jump-off-the-page one-week changes, but it is worth noting that large speculators are covering GBP into weakness at an unusual rate, while gold traders remain relatively bearish by historical standards.


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Brexit Latest: Sterling Weakens as MPs Demand Full Legal Brexit Disclosure

MPs from both sides of the House are demanding that UK PM May release the full legal advice of her Brexit deal to allay fears that the UK may be trapped within the EU’s custom union.


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CAD Soars as Canada Announces Unprecendented Measures

The Canadian Dollar has surged as Canada announces unprecendented measures, while US-China trade truce also buoys risk appetitie.


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AUSUSD: Trade Tariff Rally Brings Resistance into View

AUSUSD jumps at the start of the European session after the US dials back tariff threats and announces a 90-day trade ceasefire.


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USD Price Dip on US-China Trade Ceasfire Could be Brief

The US Dollar is modestly weaker in Europe Monday on the truce in the US-China trade war but it could well rally in the days ahead as traders ponder whether hostilities have really ended.


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Asian Stocks Gain On US, China G20 Trade Breakthrough, Oil Soars

Asian equities loudly cheered the 90-day trade ceasefire announced by the US and China at their G20 meet in Argentina. The two countries must now deliver though, if these gains are to stick


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Crude Oil Prices Gap, Rise. Russia, Saudi Arabia Eye Output Cuts

Crude Oil prices gapped higher and extended gains after news of Russia and Saudi Arabia’s plan to cut oil production in 2019 crossed the wires over the weekend at the G20 Summit.


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G20 Drives Australian Dollar Trade Despite Plentiful Local Data

The Australian Dollar market remained focused on the trade thaw negotiated between China and the US, to the clear exclusion of Monday’s regional data


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Risk Assets Cheer G20 Trade Ceasefire But Need Lasting Trade Peace

Equity markets and growth currencies like the Australian Dollar look set to gain on the good news from Argentina, but the trade truce between China and the US is only a start


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Equities, AUD Set to Gap Higher On US-China Trade Truce at G-20

The Australian Dollar rallied against the greenback on news that the US and China reached a trade agreement at the G-20 summit, with stocks following suit.


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Stocks, FX Eye G20 US China Trade Talks. Deep Volatility May Come

December trading may begin with intense volatility if hopes of a G20 US China trade resolution shatter, igniting risk aversion. Otherwise, AUD, NZD and stocks could gain as USD falls.


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Gold Forecast: Bulls and Bears Continue to Tussle - Key Levels

The recent sharp drop in energy prices undermines a key appeal of Gold in the near-term.


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Euro Forecast: After G20 Summit, Attention Returns to Italy’s Budget

With only one ‘high’ rated event on the economic calendar this week, attention will be mainly centered around developments in the Italian debt crisis.


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Weekly Fundamental Forecast: Markets Start a New Month with G20, Brexit, Euro-Area Stability and Fed Policy All Under Scrutiny

Though the capital and forex markets generally held back from systemic trends this past month, volatility was practically overflowing through the period. The typical ‘quiet December’ assumption will be put to the test against a laundry list of critical, unresolved fundamental threats. Traders should not be complacent.


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Weekly Technical Forecast: EURUSD and Equities Held Off Critical Breaks in November, Will they Manage the Same in December?

November has come to a close and many benchmark assets have ended the period staving off critical technical breaks. The Dow held an increasingly overt 2018 support now around 24,000 while EURUSD has maintained 1.1200 as a floor. Will this restriction on progress – both the critical break and the commanding reversal – continue into December?


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S&P 500, DAX, Nikkei Eye G-20 Aftermath. FTSE Awaits Brexit Vote

The ramifications from the G-20 Summit in Argentina will dominate headlines in the coming days as speculators digest the longer-lasting impacts of discussion.


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EUR/USD Weekly Technical Forecast: Euro Price Action Contraction

The Euro has been an indecisive animal and that looks set to continue as a triangle pattern looks to be in the works before making a move (likely down…).


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