Read full post at forexlive.com
Yesterday I spoke with Dale Pinkert from Forex Analytix about the state of broader markets and a few of the things that have me worried. Here is a summary:
Stock Market Trends: Fiscal tightening, political dynamics, and investor sentiment. What will fiscal hawks influence in Congress?
Fed talk: What does Wednesday’s FOMC decision really mean
Currency Analysis: Insights into USD strength driven by Fed decisions, with speculation on the Dollar Index reaching 120 levels. A focus on euro vulnerabilities, as well as the impact of tariffs and war.
Election Forecast in Canada: I talk about the high likelihood of a Conservative majority win in Canada’s winter election and what it means for the loonie.
Automotive signs: Chinese dominance in the global automotive market and what it means
Housing :The US housing market is more fragile than I thought amid higher rates and limited new construction.
Energy and Commodities: $70 is the break-even point for shale production. Metals like gold and silver remain under pressure, despite seasonal strength but what’s next?
This article was written by Adam Button at www.forexlive.com.
Leave a Reply