Financial markets may turn their attention back to the Federal Reserve as critical economic data crosses the wires in the week ahead.
US Dollar Forecast: Burning Coals and US Treasuries: USD Remains in the Fiscal Cross-Fire
The US Dollar continues to struggle with strength; and next week brings inflation figures ahead of a widely-expected rate hike in the week after. Might this be the time that Dollar bulls finally get to run for more than a couple of weeks?
British Pound Forecast: Beware of Volatility in a Data-Free Week
Sterling continues to tread water as Brexit discussions continue with little in the way of market-moving UK data around. And next week the data calendar is bare, leaving Sterling at the whim of other currencies.
Japanese Yen Forecast: Japanese Yen Vulnerable as Anxious Markets Find Relief
The Japanese Yen may continue to retreat as market-wide sentiment improves and the Bank of Japan loudly asserts its dovish policy position.
Australian Dollar Forecast: Australian Dollar May Leave Its US Cousin To Make The Weather
The Australian Dollar will run up against a lack of big, domestic cues this week which will probably leave the US Dollar and global risk appetite very much in charge.
New Zealand Dollar Forecast: New Zealand Dollar Looks to GDP Hype, US CPI & Trade Developments
At home, the New Zealand Dollar is facing GDP data next week which the RBNZ has high hopes for. Meanwhile, the US CPI report and ongoing trade developments could boost volatility.
Chinese Yuan Forecast: Yuan Likely Continues to Consolidate amid NPC; China Still Looks to Avoid a Trade War
China’s NPC will decide top policymakers for monetary and fiscal policies in the coming days. At the same time, the country continues to take efforts to avoid a trade war with the U.S.
Crude Oil Forecast: Crude Oil Bulls Turn Spotlight To Demand Ahead of Trade War Clarification
Later this month, Crude Oil futures will begin trading in Yuan while details are still coming on Trump’s tariff plan that some fear may spark a ‘Trade War’ as Oil internals start to weaken.
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