阿拉伯语新闻

  1. Oil prices may be at risk after failing to close above a critical resistance zone last week. Here are the levels that matter on the WTI weekly chart.
  2. Despite rebounds in higher beta assets and higher yielding currencies alike, gold prices have maintained their elevation. Stability in the face of adversity bodes well for the future.
  3. Markets are geared-up for rate cuts out of the Fed later this month but will the Fed deliver? And if so, how much more softening might be in the monetary backdrop?
  4. Risk appetite has found lift this past week, but the real concentration was behind US equities which benefit specifically from heavy speculation around forecasted Fed hikes. Can stretched hopes of rate cuts and stimulus keep this asset class charging – much less pull other markets in its wake – or will a shift in focus to troubled growth and deepening trade wars pull sentiment down?
  5. The Norwegian Krone and Swedish Krona will be under pressure this week as tension in Iran threatens to spark a trade war between the EU and US.
  6. NZDUSD appears to be on track to test the monthly-high (0.6727) ahead of the updates to New Zealand’s CPI as the exchange rate carves a series of higher highs and lows.
  7. Crude oil prices weakened as tropical storm Barry weakened. They may fall further if EIA data tracking US drilling productivity stokes oversupply fears.
  8. Updates to China’s GDP report may undermine the recent rebound in AUDUSD as the growth rate is anticipated to hit a record low in the second quarter of 2019.
  9. The USD may catch haven bids versus the Singapore Dollar, Indian Rupee if US economic conditions continue deteriorating as China’s economy slows to its weakest since at least 1992.
  10. The AUD/USD may turn lower if China GDP data increases the urgency for the RBA to deliver another cut sooner, reversing gains after the USD weakened on dovish Fed commentary from Friday.
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