ATFX analysts give their predictions on major currency pairs, commodities, equities and cryptocurrency for Q2.
ATFX has released its quarterly global market outlook for Q2 2020. The broker’s in-house experts share their views regarding factors that could influence the markets in the coming quarter.
The analysts featured in the report gave their predictions on major currency pairs, commodities, equities and cryptocurrency for Q2.
Alejandro Zambrano, ATFX’s Global Chief Market Strategist, covers the major currency pairs including EUR/USD, USD/JPY, AUD/USD, and GBP/USD.
He explains what he thinks will happen to each of the currency pairs, looking at the most likely scenarios.
Alejandro explains two scenarios, one - “If the borders close, the Eurozone could slump into a recession.” And two - “However, the euro could rally if the coronavirus pandemic is contained early in the quarter.”
As for the USD/JPY outlook, he notes that “The economic situation in Japan tends to have a low impact on the currency until the Bank of Japan decides to embark on large QE and rate cut programs … the currency tends therefore to follow the mood of global risk appetite.”
Cameron Bowen, a senior content manager at ATFX UK discusses the outlook of global equities based on existing factors and the most likely outcomes.
A major factor that is likely to influence the performance of global stock indices is the coronavirus pandemic that has led to the worst ever quarterly performance for stocks in Q1.
How governments handle the pandemic going forward will determine how stocks perform in Q2.
Cameron also observes that “The short-term future of this market will ultimately come down to how the spread of the coronavirus is handled … I expect to see continued volatility in the coming weeks but I think we will see it soften.”
He also covers Cryptocurrencies and how their recent performance negates the concept of cryptos being a safe haven or an uncorrelated asset class.
Martin Lam, ATFX’s Chief Analyst for the Asia Pacific region covers commodities including gold and oil and their likely performance in Q2.
He states that gold is likely to rally during the quarter if the COVID-19 pandemic continues to ravage countries and the death toll keeps rising.
Another sell-off in the equity markets could trigger a major rally in gold past its recent high of $1,702 that it reached in March.
However, action in the gold markets could be subdued if the equity markets rally and the global economy recovers. Further central bank easing could also trigger a rally by gold.
Mr Lam also covers the crude oil market where he expects oil prices to rise on higher demand and potential supply cuts in Q2.
Oil prices are usually strong in Q2 and this seasonal strength could also boost the commodity. The crude oil outlook will also be affected by the coronavirus pandemic.
ATFX continues to provide regular updates to traders on how the predictions made in the Q2 report are unfolding in the markets during these challenging times.
Legal: AT Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. FCA registration number (760555). Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom. Company No. 09827091
ATFX is a co-brand shared by a number of different entities globally including:
AT Global Markets (UK) Limited in the United Kingdom regulated by the Financial Conduct Authority (FCA);
ATFX Global Markets (CY) Limited in Cyprus regulated by the Cyprus Securities and Exchange Commission (CySEC);
AT Global Markets Limited registered in the Financial Services Authority (FSA) in Saint Vincent and the Grenadines;
AT Global Markets Intl Ltd in Mauritius is licensed by the Financial Services Commission (FSC)
Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates.
ATFX has released its quarterly global market outlook for Q2 2020. The broker’s in-house experts share their views regarding factors that could influence the markets in the coming quarter.
The analysts featured in the report gave their predictions on major currency pairs, commodities, equities and cryptocurrency for Q2.
Alejandro Zambrano, ATFX’s Global Chief Market Strategist, covers the major currency pairs including EUR/USD, USD/JPY, AUD/USD, and GBP/USD.
He explains what he thinks will happen to each of the currency pairs, looking at the most likely scenarios.
Alejandro explains two scenarios, one - “If the borders close, the Eurozone could slump into a recession.” And two - “However, the euro could rally if the coronavirus pandemic is contained early in the quarter.”
As for the USD/JPY outlook, he notes that “The economic situation in Japan tends to have a low impact on the currency until the Bank of Japan decides to embark on large QE and rate cut programs … the currency tends therefore to follow the mood of global risk appetite.”
Cameron Bowen, a senior content manager at ATFX UK discusses the outlook of global equities based on existing factors and the most likely outcomes.
A major factor that is likely to influence the performance of global stock indices is the coronavirus pandemic that has led to the worst ever quarterly performance for stocks in Q1.
How governments handle the pandemic going forward will determine how stocks perform in Q2.
Cameron also observes that “The short-term future of this market will ultimately come down to how the spread of the coronavirus is handled … I expect to see continued volatility in the coming weeks but I think we will see it soften.”
He also covers Cryptocurrencies and how their recent performance negates the concept of cryptos being a safe haven or an uncorrelated asset class.
Martin Lam, ATFX’s Chief Analyst for the Asia Pacific region covers commodities including gold and oil and their likely performance in Q2.
He states that gold is likely to rally during the quarter if the COVID-19 pandemic continues to ravage countries and the death toll keeps rising.
Another sell-off in the equity markets could trigger a major rally in gold past its recent high of $1,702 that it reached in March.
However, action in the gold markets could be subdued if the equity markets rally and the global economy recovers. Further central bank easing could also trigger a rally by gold.
Mr Lam also covers the crude oil market where he expects oil prices to rise on higher demand and potential supply cuts in Q2.
Oil prices are usually strong in Q2 and this seasonal strength could also boost the commodity. The crude oil outlook will also be affected by the coronavirus pandemic.
ATFX continues to provide regular updates to traders on how the predictions made in the Q2 report are unfolding in the markets during these challenging times.
Legal: AT Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. FCA registration number (760555). Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom. Company No. 09827091
ATFX is a co-brand shared by a number of different entities globally including:
AT Global Markets (UK) Limited in the United Kingdom regulated by the Financial Conduct Authority (FCA);
ATFX Global Markets (CY) Limited in Cyprus regulated by the Cyprus Securities and Exchange Commission (CySEC);
AT Global Markets Limited registered in the Financial Services Authority (FSA) in Saint Vincent and the Grenadines;
AT Global Markets Intl Ltd in Mauritius is licensed by the Financial Services Commission (FSC)
Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates.
FXIFY Celebrates 1 Year Anniversary: Establishing Itself as an Industry Leader
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔