- January 20, 2019
- Posted by: Trading
- Category: News
Fresh data prints coming out the Asia/Pacific region may drag on AUD/USD as China is expected to grow at the slowest pace since the Great Financial Crisis (GFC).
Crude oil price gains slowed despite OPEC output cuts. The commodity is at risk to slowing Chinese GDP. With US in shutdown, oil eyes Brexit news and ECB for sentiment-linked moves.
Sterling rallied after PM May’s contentious Brexit bill was shot down in flames in the House of Commons and that leaves a No Deal Brexit increasingly unlikely.
The US Dollar may continue to find support in haven-seeking capital flows as key data from China, the EU and the IMF darken the outlook on global growth.
Gold price action faltered last week due to returning optimism in the markets, but is the reversal in trader sentiment here to stay?
The US stock market will look to trade war developments and earnings season while other global equity markets will keep an eye on Chinese GDP figures.
See what live coverage is scheduled to cover key event risk for the FX and capital markets on the DailyFX Webinar Calendar.
See how retail traders are positioning in the majors using the IG Client Sentiment readings on the sentiment page.