ATFX Releases Dynamic Q4 Report

ATFX just released its Q4 2020 market outlook report. Understand what an impending U.S. presidential election and a Covid-19 recovery on a knife’s edge mean for the markets in Q4.

Global - ATFX has just released its much expected Q4 2020 market outlook report in its client portal. Its top analysts share their views of how the global economy and financial markets are likely to play out in the last quarter of the year.

With the upcoming US Presidential election on November 3, it’s no wonder that all our top analysts had something to say about the various scenarios that could play out if either Donald Trump and Joe Biden won the election.

Cameron Bowen opens the report with an in-depth look into the two Presidential Candidates and focuses on how their campaign pledges could affect America’s economy should they win. 

Alejandro Zambrano, ATFX’s Global Chief Market Analyst dives deep into the US dollar’s prospects in Q4 and how they could affect the EUR/USD currency pair’s performance. The European Central Bank will also have a direct impact on the currency pair, with a dovish outlook being the most likely scenario.

Alejandro also covers the GBP/USD currency pair, which faces a huge risk in the form of a possible hard Brexit. The recent move by the British government to create its own rules that go against the EU withdrawal agreement increases the chances of a hard Brexit. 

Dean Chen, ATFX (China) Senior Market Analyst covered the USD/JPY currency pair focusing on the resignation of Japanese Prime Minister Shinzo Abe, which marks the end of Abenomics. Chen also looks at the impact of the huge drop in Japan’s GDP during the third quarter on the yen.

Martin Lam, ATFX Chief Analyst for the Asia Pacific covers the AUD/USD pair’s outlook, which is not rosy, to say the least. Its performance will depend largely on Australia’s economic recovery, which is not promising at the moment, according to the Reserve Bank of Australia.

Jason Tee, ATFX (Asia Pacific) Global Market Strategist covers the NZD/USD currency pair with a major focus on New Zealand’s upcoming elections and how they could affect the Kiwi. The pair could see some volatility after the elections although the incumbent Jacinda Ardern enjoys a comfortable lead in opinion polls. 

Cameron Bowen covers the US equity markets and delves into the various factors that could impact their performance key among them being the upcoming Presidential elections. The second wave of coronavirus infections could also have a negative impact on the stock market.

Martin Lam discusses gold’s outlook and how the coronavirus pandemic has supported the rally in gold prices this year. Given the risk that the global recession will get worse in Q4, it would not be surprising to see gold continue to soar. 

Jessica Lin ATFX (Asia Pacific) Global Market Analyst covers crude oil and how the pace of the global economic recovery would affect its price. The plateau witnessed in crude oil prices recently is not encouraging and the rising coronavirus cases do not bode well for oil.

Cameron Bowen covers cryptocurrencies including how the coronavirus pandemic did not prove Bitcoin’s qualities as a hedge during uncertain times. The outlook for ethereum, which is the second biggest crypto is neutral, which could lead to either a bullish or bearish breakout.  

ATFX’s report goes into outstanding detail and is generally regarded as must-have within the FX industry for all market participants, new or experienced. ATFX’s compelling and informative Q4 2020 report can be found here. 

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