ATFX Q1 2020 Market Outlook Report: Weighing Geopolitical Factors

ATFX has released its quarterly market outlook for Q1 2020 in which the brokerage lays out in-depth insights from leading market analysts for different regions. Each gave their predictions on various currency pairs, commodities, and equity markets for 2020.

In this report, Alexandro Zambrano, the Chief Market Analyst for ATFX UK talks about the impact of regional economic growth rates for the EURUSD. He also touches on the impact of Fed policies and US bond yields on other major currency pairs.

Furthermore, a robust analysis of factors affecting the GBPUSD currency pair’s outlook is also provided, with a particular focus on UK politics and the ongoing Brexit process.

Additional emphasis is given to key technical levels to watch for across the major currency pairs as well as how these are likely to react around such levels are also included in this Quarter.

APAC currency outlook

An in-depth performance of the Japanese yen and key fundamental factors driving the yen’s price action are also included in the report. Readers will be able to grapple with the impact of Japan’s fiscal policies on its national currency.

The future of the Aussie was also analyzed at length, including the likely impact of key economic indicators on its performance.

Martin Lam, ATFX’s Chief Analyst for the Asia Pacific (APAC) region who is based in Hong Kong, also discussed commodities, including gold and crude oil.

“Gold prices tend to be dominated by the risk appetite of the market. In addition, the monetary policies and orientations of major countries such as the United States and the European Central Bank also affect the trend of gold price,” noted Mr. Lam.

He also commented on the outlook for crude oil prices, given existing risks as well as different supply and demand scenarios.

Ramy Abouzaid, the ATFX Head of Market Research based in the UAE, focused on other assets, such as global equity markets and indices. 

Of note, he answered the question on most traders’ and investors’ minds regarding the rally witnessed in most global stock markets in the last quarter, especially if the rally will continue.

Mr. Abouzaid connects the dots between the various factors that triggered and sustained the recent rally in global stocks to figure out whether the rally is likely to keep going in Q1 2020.

The ATFX Q1 market outlook available on ATFX and investing cube’s quarterly market outlook page. You can download your free copy here.

Global financial daily analysis by ATFX’s Global Chief Market Strategist Alejandro Zambrano’s is also available here. 

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