Stock Market 1Q 2021 Forecast: Equity Markets to Enjoy Continued Economic Recovery, Loose Monetary Policy 2020-12-20 16:00:00 Peter Hanks, Strategist
Stock Market 1Q 2021 Forecast Talking Points:
The Dow Jones, Nasdaq 100 and S&P 500 will look to government-provided stimulus packages and continued accommodation from the Fed for fuel
The DAX 30, CAC 40 and FTSE 100 find themselves in a similar position, looking to their own central banks and governments to continue fostering an economic recovery
While some stocks have begun to exhibit symptoms of euphoria, equities might continue climbing in the first quarter without a serious change in the fundamental landscape Advertisement
Stock Market 1Q 2021 Forecast: Equity Markets to Enjoy Continued Economic Recovery, Loose Monetary Policy
Japanese Yen Fundamental Forecast 1Q 2021: a Haven When Few Want it 2020-12-20 04:00:00 Daniel Dubrovsky, Strategist
JAPANESE YEN FUNDAMENTAL FORECAST – Q1, 2021
The Japanese Yen is without much love heading into 2021
Global stimulus eroding market volatility, boosting stocks
Risks to watch in Q1: Senate runoffs, evictions, Covid cases Advertisement
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The anti-risk Japanese Yen, much like the haven-linked US Dollar, heads into the new year without much love despite the holidays. But, it was not always like that. A norm-breaking year thanks to the coronavirus pandemic upended financial markets initially, increasing demand for the currency.
Australian Dollar 1Q Forecast: Aussie Breakout Risks Exhaustion High 2020-12-20 07:00:00 Michael Boutros, Strategist
AUSTRALIAN DOLLAR TECHNICAL FORECAST – Q1, 2021
Australian Dollar technical trade level update – quarterly forecast
AUD/USD breakout to multi-year highs may be vulnerable into 1Q
Aussie advance remains constructive above 7246 – key resistance into 7800 Advertisement
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Heading into the start of Q4 we highlighted the risk for topside exhaustion in AUD/USD after a breakout of the yearly opening-range fueled a rally into multi-year downtrend resistance. We noted support at a, “key pivot zone at 0.7016/42- a region defined by the objective 2019 / 2020 yearly opens,” with a, “topside breach exposing the 76-handle and beyond.” Aussie briefly registered an intra-week low
Sterling Q1 2021 Forecast: Starting to Look a Better Prospect 2020-12-19 01:00:00 Nick Cawley, Strategist Advertisement
Bank of England (BoE) – Ready and Willing to Write More Cheques
Covid-19 – Vaccination Program Key in Months Ahead
This year has been a difficult one for Sterling traders with the uncertainty surrounding Brexit compounded by the economic and human devastation caused by the coronavirus. Most of the UK remains in some stage of lockdown and while a vaccination program has begun, it will take months before the population has been inoculated against the virus. GBP/USD started 2020 around 1.3100 and is looking to the end the year less than a handful of points higher after making a v-shaped recovery from a virus low around 1.1400 in mid-March.
US Dollar 1Q 2021 Forecast: Safe Haven Status Versus Fading Growth Position 2020-12-18 19:00:00 John Kicklighter, Chief Strategist
US Dollar Fundamental Forecast Talking Points:
Through the final quarter of the 2020 (up until December 18th), the Dollar dropped against the majors between 7.5% in NZDUSD and 2.2% with USDJPY
Prominent themes like the Covid-19 spread and vaccine as well as stimulus debates have weighed the Dollar but older matters like trade are likely to also return
Ultimately, the state of risk appetite is the top qualifier for USD direction and intensity with the Greenback’s safe haven status ready to go to work
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