eFXdata reports that Credit Agricole CIB Research discusses GBP outlook and adopts a tactical bearish bias in the near-term.
"The positive seasonality effect that has been propping up the GBP so far in April is running out of steam. Moreover, the UK economy is continuing to slow down precipitously and the still-elevated number of Covid-19 cases is seemingly making Boris Johnson's government reticent to consider measures to ease the lockdown.
The GBP also seems disadvantaged by the fact that big multinational commodity producers are listed in the UK and thus render the FTSE (and the GBP) more highly correlated with swings in global commodity prices and risk sentiment. In addition, investors could start worrying about Brexit all over again in the coming weeks, as the June deadline to extend the Brexit transition period draws into view. In all, Brexit uncertainty could rear its ugly head again and weigh on the GBP before long," CACIB notes.
"Next week's data calendar is relatively empty, leaving markets to focus on the evolution of the Covid-19 pandemic and the looming clash over the Brexit transition period," CACIB adds.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.