Crude Oil Forecast – Crude Oil May be Overextended, But Watch Out For Trade Headlines
Crude oil prices remain supported by supply cuts and trade deal hopes even as the economic data have proven disappointing. That support could wane a little this week
British Pound Forecast – GBP/USD Rate Threatens Bull Trend Ahead of Brexit Deadline
The British Pound may face a more bearish fate ahead of the Brexit deadline in April as the GBP/USD exchange rate threatens the upward trend from late last year
US Dollar Forecast – US Dollar May Rise as Sentiment Succumbs to Potent Headwinds
The US Dollar may rise, spurned on by haven-seeking capital flows as risk appetite finally succumbs to a broad assortment of potent headwinds.
Gold Forecast – Gold Price Outlook Bearish as USD May Rise on Soft Econ Data, RBA
Gold prices could be weighed down if the US Dollar rises in risk aversion on soft economic data. Other hazards for the precious metal include a more dovish RBA and Brexit updates
Equities Forecast – Dow Jones, FTSE 100, DAX 30 and ASX 200 Fundamental Forecast
The Dow Jones will look to a slew of economic data out of the United States while the FTSE and DAX await Brexit clarification. Elsewhere, the ASX 200 awaits a rate decision from the RBA.
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See how retail traders are positioning in the majors using the IG Client Sentiment readings on the sentiment page.
https://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2019/03/31/Weekly-Fundamental-Forecast-Recession-and-Brexit-Worries-face-QE-and-Trade-Talk-Hopes.html
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