2020

With more MPC members expected to vote for a rate cut tonight due to weaker UK’s growth in general, we could expect dovish sentiments from Governor Carney. GBP/JPY could slide further.

With US-China trade tensions easing, improvement in US data and limited cases of Coronavirus in the US, Fed has no urgency to change its stance. Short EUR/USD?

As risk-off mode may continue to stay, gold and yen may be your best bet.

As ECB will be keeping QE “as long as necessary” due to risks tilted to the downside, Euro might continue to sell off in the coming months. Sell EUR/USD?

Despite a rebound in Canada’s employment, sluggish productivity and lower oil prices could cause BoC to lean towards dovishness. CAD/JPY could be a good pair for shorts.

ECB may continue to loosen monetary measures amid economic uncertainties in the region, short EUR/USD?

As existing tariffs on Chinese goods remain even after the phase one deal, global trade tensions might not be better off yet. Long gold would be a safer bet.

Your idea of success probably centres around people – and they’re most likely people you’d consider leaders.

China Vice Premier Liu He will be flying to Washington today to commence phase one talks on 15 January. We could see a shift into risk-on sentiments this week.

Iran’s retaliation could be seen to the US administration as an “act of war” which could further escalate the current conflict. Safe-haven bets could be your best bet.