High level fundamentals proved substantive this past week between a possible Brexit path after the EU Summit and the slowest pace of growth for China in 9 years. Ahead, the scheduled updates are still material – such as US 3Q GDP as well as ECB and BOC rate decisions – but we should also keep aware of the deep fundamental currents like risk trends and trade wars

Australian Dollar Forecast – AUD Price at Risk to Political Uncertainty, Fed Bets, BoC Rate Hike

The Australian Dollar looks vulnerable, threatened by Prime Minister Scott Morrison losing his majority, rising hawkish Fed policy bets and the Bank of Canada overtaking the RBA.

Oil Forecast – Crude Oil Joins Macro Headlines For Busy October As Stockpiles Build

Despite trading to four-year highs to open the month, October has flashed warning signs that demand could be cooling at a time when a key central bank, the Fed is putting the brakes on easy money.

British Pound Forecast – Brexit Stuck in a Rut, UK PM May on a Tightrope

The Irish border problem remains unsolved and Brexit negotiations continue to tread water as UK PM May faces a potential rebellion at home.

US dollar Forecast – US Dollar Regains Momentum, Aims to Capitalize on Market Turmoil

The US Dollar may continue to push higher against a backdrop of risk aversion after the Fed signaled it won’t abandon rate hikes to rescue swooning stock prices.

Gold Forecast – Awaiting Decisive Breakout with Eyes on US GDP

Gold is on course for its thirdly weekly gain with the precious metal continuing to benefit from the shaky sentiment that has gripped equity markets

Equities Forecast – S&P 500, FTSE, DAX Caught Between Earnings and Geopolitical Tension

A round of strong quarterly earnings were not enough to undo the downward pressure from geopolitical tensions this week. Next week could be poised for more of the same

Chinese Yuan Forecast: Yuan Faces Eased Pressure from Equities, Yet Lacks New Momentum

Print Friendly, PDF & Email