IMF Predicts Modest Global Growth; US GDP to Fall in the Next 2 Years

Global growth is projected to rise to 3.3% in 2020 from 2.9% in 2019, according to the latest IMF World Economic Outlook, slower than previously expected.

from DailyFX - Market News https://ift.tt/2ug2L9m
via IFTTT

UK Market Webinar: GBP/USD, EUR/GBP and FTSE all Eye UK PMIs

UK financial markets are trading sideways in thin turnover as traders’ thoughts turn to the all-important UK PMI releases at the backend of the week.

from DailyFX - Market News https://ift.tt/2RBQfbZ
via IFTTT

Weekly Crude Oil Forecast: Searching for Stability

Energy markets have had a volatile January so far, defined by the ebbs and flows of the geopolitical tensions between the US and Iran.

from DailyFX - Market News https://ift.tt/37nGB3m
via IFTTT

S&P 500 Hits Record, USD Up. JPY, CAD, EUR Outlook Eye Rate Decisions

The S&P 500 sets record highs but forex volatility remains low. Will the Bank of Japan, the Bank of Canada and the European Central Bank awake the Yen, Canadian Dollar and Euro? The IMF and World E...

from DailyFX - Market News https://ift.tt/2RbNH5w
via IFTTT

Bitcoin (BTC) Price Rally Cracks, Hit by Weekend 'Flash Crash'

The recent Bitcoin (BTC) rally was bought to a shuddering halt over the weekend as the dominant cryptocurrency fell over $500 in less than one hour.

from DailyFX - Market News https://ift.tt/38rE3ld
via IFTTT

British Pound (GBP) Latest: GBP/USD Probing Recent Support Levels

GBP/USD is back below 1.3000 and testing support as traders begin to price-in fears that UK-EU post-Brexit trade talks may well be more fractious than first thought.

from DailyFX - Market News https://ift.tt/3atU8s6
via IFTTT

China-Sweden Tensions Flare Up: Another Trade War in 2020?

While Sino-US trade jitters are temporarily abating, China-Swedish trade tensions are rising as a part of a political contagion of growing economic hostilities between nations across the world.

from DailyFX - Market News https://ift.tt/2tArJQw
via IFTTT

Gold Prices Still Helped by Interest Rate Prospects Despite Stock Gains

Gold prices rose as a new week got under way. They remain resilient despite a clear rise in risk appetite as the prospect of low interest rates underpins the asset.

from DailyFX - Market News https://ift.tt/2RbKIKc
via IFTTT

EUR/USD Rate Susceptible to Range Bound Prices Ahead of ECB Meeting

EUR/USD may face range bound conditions ahead of the ECB meeting amid the failed attempt to clear the monthly low (1.1085).

from DailyFX - Market News https://ift.tt/3auQnTE
via IFTTT

USD/IDR, USD/MYR, USD/PHP, USD/SGD Fundamental Week Ahead

The US Dollar fell against ASEAN currencies. USD/IDR touched its lowest since February 2018. Bank of Indonesia is ahead as USD//MYR eyes Bank of Malaysia. USD/SGD faces Singapore CPI.

from DailyFX - Market News https://ift.tt/3amDQl7
via IFTTT

AUD/USD Monthly Low on Radar amid Muted Reaction to US-China Deal

AUD/USD may continue to give back the rebound from the monthly low (0.6849) amid the muted reaction to the US-China trade deal.

from DailyFX - Market News https://ift.tt/3atI5Lt
via IFTTT

US Dollar Rose as British Pound Fell, AUD and NZD to Remain Flat?

The US Dollar gained as the British Pound fell on BoE rate cut bets. The S&P 500 set record highs and the Australian and New Zealand Dollars failed to capitalize on this again.

from DailyFX - Market News https://ift.tt/2TF9cNC
via IFTTT

S&P 500 Hits Record, USD Up. JPY, CAD, EUR Outlook Eye Rate Decisions

The S&P 500 sets record highs but forex volatility remains low. Will the Bank of Japan, the Bank of Canada and the European Central Bank awake the Yen, Canadian Dollar and Euro? The IMF and World E...

from DailyFX - Market News https://ift.tt/2ubY9ks
via IFTTT

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

A trade deal signing coupled with a string of earnings from the country’s largest banks saw the Dow Jones drive to new records. Can stocks maintain this pace without further catalysts?

from DailyFX - Market News https://ift.tt/2NFAtvU
via IFTTT

British Pound May Fall as Carney, PMI Stoke BOE Rate Cut Bets

The British Pound may fall as swelling Bank of England rate cut expectations take center stage while the ongoing Brexit saga fades into the background.

from DailyFX - Market News https://ift.tt/368cfAt
via IFTTT

Gold Prices May Rise if Davos Forum, IMF Outlook Spur Easing Bets

Gold prices may rise if commentary from officials at the Davos forum kindle easing bets and inflame demand for anti-fiat hedges like the yellow metal. Other key catalysts may also magnify this effect.

from DailyFX - Market News https://ift.tt/2sCBv4p
via IFTTT

US Dollar Faces Bearish Fundamental Headwinds from the Fed & Trade

Fundamental outlook for the US Dollar remains unfavorable considering the Fed plans to keep inflating its balance sheet while markets grow exuberant and frothy amid an absence of volatility.

from DailyFX - Market News https://ift.tt/376ASz7
via IFTTT

Australian Dollar Propped By Broad Risk Appetite as Jobless Figures Loom

The Australian Dollar will face arguably its most important monthly data release this week, with official labor market stats are due. Sadly, these can be very tough to call.

from DailyFX - Market News https://ift.tt/30xi3lX
via IFTTT

Silver Price Forecast: Will XAG/USD Consolidate Further?

After rallying on the back of tensions in the Middle East, silver has moved to consolidate recent gains beneath resistance. Can it break higher, or is further consolidation required?

from DailyFX - Market News https://ift.tt/364Z0AP
via IFTTT

US Dollar Strength Continues on Consumer Sentiment

The University of Michigan Consumer Sentiment Index crossed the wires at 99.1 Friday morning, missing expectations of 99.3

from DailyFX - Market News https://ift.tt/2G1tYis
via IFTTT