In his latest ‘Week Ahead video, Pepperstone Market Analyst Chris Weston casts his eye over the key events over the next 7 days and beyond, as well noting the key markets that might react to this news. From elections to tariffs, we explore where prices will be affected.
In this video, Chris discusses:
USD Forex Pairs
Chris highlights the performance of a basket of currencies against USD over the last 7 days, and suggests considerations for the weeks – especially in those currency pairs where there is already considerable momentum.
Leading on from that, we explore the S&P 500 and the trendlines there.
Chris highlights the two main risk events expected in the next couple of weeks:
- The UK Election
- US-China Tariffs
While both events have a ‘binary’ element, the actual impact is far more nuanced.
With a Conservative majority seemingly ‘priced in’ to GBP, any result seen as slightly ‘weaker’ (i.e. a slim majority, or maybe even a hung parliament) could result is raised volatility – possibly first felt in Asian markets. The UK election takes place on December 12th.
The second key event is the 15th December deadline for the latest round of US tariffs imposed on Chinese imports. Whether these tariffs kick in, or are postponed into the new year, will dominate markets around that time. Chris explains where the impact is likely to be felt.
Chris then highlights the remaining key reports coming from the US, Australia and China throughout the week. See how much impact Chris believes each will have.
We also see a summary of implied volatility and what the market consensus is, prior to those key risk events.
Watch the full video here: