Weekly Fundamental Forecast: Unsteady Risk Trends Increase Scrutiny on China, Italy and Brexit

Market participants will return with caution this week. Following the rout in speculative assets from shares to emerging markets to Yen crosses, there is an understandable tension amongst investors. In this environment troubling news in trade wars, Chinese growth, Euro-area stability or any number of key themes can readily find traction.

New Zealand Dollar Forecast – New Zealand Dollar May Look Past CPI, Focus on Stocks, USD Fed

Any signs that the Fed could remain hawkish despite the global stock selloff could reignite USD at the expense of NZD, this may overshadow gains on an upbeat local CPI data.

Japanese Yen Forecast – Speculation for Above-Neutral Fed Rate to Curb USD/JPY Weakness

Fresh developments coming out of the U.S. economy may curb the recent selloff in USD/JPY as Federal Reserve officials see a risk for above-neutral interest rates.

Oil Forecast – Oil Demand Forecasts Cut After Risk Rout Leads to Worst Week Since May

After trading to four year highs to open the month, Crude has come off the highs along with risk sentiment, but you crude appears to have fundamental support that could keep bulls confident.

British Pound Forecast –

Article source: https://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2018/10/12/Weekly-Fundamental-Forecast-Unsteady-Risk-Trends-Increase-Scrutiny-on-China-Italy-and-Brexit-.html