US December PMI Data Prints Near Expectations

This morning brought the release of US services and manufacturing PMI for the month of December to the tune of 52.2 and 52.5 v/s the expectations of 52.0 and 52.6, respectively.

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Weekly US Dollar Forecast: Calendar Winds Down into Year-End

The forex economic calendar will do little by way of helping the US Dollar in the last full week of the year.

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US Dollar: GBP/USD Rallies, USD/CAD Sells-Off as AUD/USD Builds Base

Last week was big for global markets and a number of major currencies put in notable moves as year-end looms.

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Dow, Pound and Aussie Dollar Test Post Trade War, Election Breakouts

This past week showed a remarkable amount of volatility given the general market conditions and being so late in the season. Will a trade war breakthrough and UK election result that thaws the Brex...

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British Pound (GBP) Underpinned and Looking to Move Higher - Webinar

Sterling is off its best levels made at the end of last week but remains supported. In the equity space, the FSTE 100 and the FTSE 250 are powering ahead.

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Sterling (GBP) Price Outlook - Positive Sentiment But Don't Push Too Hard

Sterling remains better bid at the start of the week and is expected to push further higher, with little in the way of negative news to dampen the rally.

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British Pound May Fall on PMI Data, BoE Report, Brexit Talks

The British Pound may trim some of its recent post-election gains if the Bank of England’s financial stability report and PMI data spook markets. What’s next for Brexit?

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Crude Oil Prices Slip as Lack of US-China Trade Detail Worries Investors

Crude oil prices had done well last week as trade and Brexit risks appeared to recede. However, a lack of detail in US-China talks has investors fretting that progress may be less significant than ...

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AUD/USD Fails to Close Above 200-Day SMA Despite US-China Trade Deal

The failed attempt to close above the 200-Day SMA (0.6909) undermines the recent advance in AUD/USD amid the historical tendency around the moving average.

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World's Oldest Central Bank to Exit Negative Rate Policy First

The Riksbank – the world’s oldest central bank - will exit its negative interest rate policy for the first time in known history as officials explore uncharted territory with unknown consequences.

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Indonesian Rupiah, Malaysian Ringgit May Rise on US-China Deal

The Indonesian Rupiah, Malaysian Ringgit, Philippine Peso and Singapore Dollar may continue their rise against the US Dollar on global optimism amid a US-China trade deal.

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Gold Price Holds Support Zone as Trump Negotiates Phase Two Trade Deal

The ongoing shift in US trade policy may continue to sway the price of gold as the Trump administration “will begin negotiations on the Phase Two Deal immediately.”

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Australian Dollar Spikes as China Retail, Industrial Figures Beat Forecasts

The Australian Dollar had been in retreat as US-China trade optimism was tempered, but it gained on stronger numbers out of the world's second-largest economy.

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Australian Dollar and New Zealand Dollar Outlook as Week Begins

The Australian and New Zealand Dollars trimmed their gains as optimism on the US-China “phase one” trade deal faded. NZD/USD is at risk to turning lower on signs of technical indecision.

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Dow, Pound and Aussie Dollar Test Post Trade War, Election Breakouts

This past week showed a remarkable amount of volatility given the general market conditions and being so late in the season. Will a trade war breakthrough and UK election result that thaws the Brex...

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Dow Jones, DAX 30, FTSE 100 Forecasts: Major Risks Are Removed

Stocks enjoyed a broad removal of risk last week as the US and China seemingly reached a phase one trade deal while the UK general election saw conservatives gain an outright majority. What’s next?

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Sterling (GBP) Weekly Forecast - Short-Term Opportunities Opening Up

The UK population voted the Conservative government back in with a strong majority, giving PM Johnson the backing to push Brexit through. And Sterling (GBP) likes it.

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Euro Outlook May Darken on Slow Growth, Dovish ECB

The Euro may fall as the EU-US trade spat hurts already sluggish economic growth, locking in an ultra-dovish ECB stance and cementing its yield disadvantage.

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Gold Price Outlook Bearish on Easing Trade Tensions, GDP Data

Gold prices may suffer if better-than-expected US economic data and progress on US-China trade negotiations cool 2020 Fed rate cuts and alleviate demand for anti-fiat hedges.

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Oil Price Outlook Mired by Sticky US Crude Output

The price of oil preserves the advance following the OPEC meeting as the US and China, the two largest consumers of crude, reach a trade deal.

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