FX/CFD Market Forecasts, a Complete Market Outlook for 2019


BD Swiss Representative
BDSwiss in-house analysts and seasoned traders Alex Douedari and Frank Walbaum, provide their insights about which possible scenarios make or break the markets this year.

We see a choppier year ahead for global markets, oil will remain a wild card and investors will maintain a largely defensive stance when it comes to stocks as they continue to worry about a possible recession in 2020. The median forecast indicates the US economy will grow 2.6 percent in 2019 which might be good news for major US retail shares. In Europe however, the macroeconomic picture will be very different, shares are expected to move in a tight range going into the year-end and throughout 2019, as slowing growth, political risks and worries over Washington’s protectionist policies keep investors on the sidelines.

The raging trade war between China and the US has caused the dollar to rally against its rivals as the US continued to impose hefty tariffs on China imported goods. The current trade truce has done nothing to alleviate stress in China’s A-shares market. Looking at China’s current declining numbers on fixed asset investments, a retreating industrial production and a slowing growth in the property market growth, China will be paying the heaviest toll in an extreme 2019 trade war scenario.

If there’s one thing everyone agrees on when it comes to 2019, is that navigating Brexit uncertainty will remain the U.K.’s biggest challenge. The recent failed no-confidence vote in Theresa May seems to have reduced the risk of a no-deal, but the most likely final scenario still remains something close to the current deal, especially after a threatened or actual second referendum. How the UK fares beyond March 29 is the big question, and it all boils down to how fast and effectively the Bank of England will react to any Brexit outcome. The worst case Brexit scenario is that Britain crashes out of the EU with no deal and with insufficient preparation.

Traders seek to stay ahead the markets and read about the key scenarios can access for Free the BDSwiss’ 2019 Global Market Outlook Report