Sneak Peek: Fed May Keep Neutral Stance Despite Threat of Coronavirus Outbreak
With US-China trade tensions easing, improvement in US data and limited cases of Coronavirus in the US, Fed has no urgency to change its stance. Short EUR/USD?
In accordance with our policies, we do not provide services to individuals who are residents or legal entities based in Singapore.
You may acknowledge and continue browsing.
With US-China trade tensions easing, improvement in US data and limited cases of Coronavirus in the US, Fed has no urgency to change its stance. Short EUR/USD?
As risk-off mode may continue to stay, gold and yen may be your best bet.
As ECB will be keeping QE “as long as necessary” due to risks tilted to the downside, Euro might continue to sell off in the coming months. Sell EUR/USD?
Despite a rebound in Canada’s employment, sluggish productivity and lower oil prices could cause BoC to lean towards dovishness. CAD/JPY could be a good pair for shorts.
ECB may continue to loosen monetary measures amid economic uncertainties in the region, short EUR/USD?
As existing tariffs on Chinese goods remain even after the phase one deal, global trade tensions might not be better off yet. Long gold would be a safer bet.
Your idea of success probably centres around people – and they’re most likely people you’d consider leaders.
China Vice Premier Liu He will be flying to Washington today to commence phase one talks on 15 January. We could see a shift into risk-on sentiments this week.
Iran’s retaliation could be seen to the US administration as an “act of war” which could further escalate the current conflict. Safe-haven bets could be your best bet.
As risk-off sentiments may be here to stay for some time, buy gold at dip?
The move by the US to launch an airstrike on Baghdad’s airport could be the spark of a major escalation. Gold may retrace slightly back to 1537, finding support before moving higher towards 1553.
As trading ranges typically expand during the new year week, we expect USD/JPY to move lower from a technical perspective.
As UK needs to race for trade deal with EU in next 11 months, short GBP/USD upon any rally.
While no changes in rates tonight, Bank of England (BoE) may hint a possible easing in 2020 due to tepid inflation. GBP/USD could fall lower.
With a majority Parliament won, PM Johnson will be able to get his Brexit deal through Parliament without further delay and take Britain out of the European Union. GBP/JPY could retrace first before...
US dollar and Treasuries yield fell after a less dovish FOMC as the market may be doubting Fed’s ability to accurately predict future outlook. Short USD/JPY?
With the results of the UK election almost unpredictable, it would be prudent to stay on the sidelines for now.
With Fed widely expected to keep its monetary policy unchanged, market will be focusing on Powell’s press conference on Fed’s forward guidance. Long gold at dip?
A neutral Fed and dovish ECB could be seen this week, short EUR/USD?
The return of 46,000 workers to GM could boost employment numbers tonight, though leading indicators show a deterioration.