The second part of the Monthly Webinar is only for premium members. Ron William will go through the following topics:
- The probable cyclical roadmap for 2014
- Volatility expected during the second quarter
- Key market trends to watch; including S&P500, US Dollar, Gold, Oil, Japan.
- The REAL impact on the Social and Geopolitical environment
Watch Part I of the Monthly Webinar with Ron.
Range trading was exacerbated by a US holiday at the end of the week, with volumes across the FX board at lows throughout the day. EUR/USD is slowly gaining bearish scope, although a steeper decline will be clearer once below 1.1170.
USD/JPY rises to 107.64, up 0.11% on a day, as Tokyo open welcomes risk-on mood On Monday. S&P 500 Futures, Nikkei 225 and the US 10-year Treasury yields print mild gains. Coronavirus worries, global ire against China remain on the table.
The GBP/USD pair has remained unchanged just below the 1.2500 threshold on Friday but closed the week with substantial gains. The UK and the EU committed to another round of Brexit talks this week in London.
Gold prices offered a downside gap near $1,774 to kick-start with the week on a back foot. Pandemic fears, geopolitical tensions keep safe-haven buyers strong amid global policymakers’ fight against economic suppression.
WTI is making tracks to the upside at the start of the week, rising some .4%. Last week's closing session had US futures in WTI fell back towards $40, with the August contract closing at $40.32, while Brent Sep closed at $42.80.