LONDON, NEW YORK and SYDNEY, Dec. 18, 2014 /PRNewswire/ --
FOREX.com, the retail division of GAIN Capital Holdings, Inc.
(NYSE: GCAP), a global provider of online trading services, today
released its 2015 Market Outlook report.
FOREX.com analysts predict that the dollar will be the star
performer in the G10 next year, reflecting a stronger US economic
outlook and the Fed's plan to move towards normalisation of
monetary policy in the first half of 2015. With weakness in other
parts of the world likely to lead to monetary policy stimulus –
potentially including the Eurozone and Japan – the US could be the sole beacon of
economic hope for 2015.
Kathleen Brooks, Research
Director at FOREX.com said: "Although there are dangers associated
with the weakness in the economies of Europe and Asia to the US, the measures taken by those
other nations could actually help the US maintain its strength,
especially if we see the ECB embark on QE in 2015.
"All in all, the future looks bright for the world's largest
economy, and if oil prices continue to decline as they have in the
latter half of 2014, the US may keep this momentum going even if
the Fed starts to increase rates to a more historically normal
level."
Expectations from the FOREX.com 2015 Markets Outlook
include:
- The dollar is expected to reign supreme in early 2015, as the
divergent monetary policy paths between the Federal Reserve and the
other major central banks drive the greenback higher
- The outlook for the Euro is negative, with widening sovereign
spreads resulting from a potential political crisis in Greece, coupled with QE, likely to lead to
another leg lower beyond 1.20 against the dollar.
- Continued dovish talk from the Bank of England about interest rate rises, coupled
with more difficult economic fundamentals, is likely to weigh on
the pound next year.
- As monetary policy in the US heads towards the path of
normalization, only moderate further gains in US stocks are
envisaged.
- While Germany's DAX could
outperform in 2015 as the country leads growth in the Eurozone, the
commodity-heavy FTSE 100 may struggle again.
- The prospect of a tighter oil market means crude prices could
soon stabilize, and the market will be less volatile than in
2014.
- The generally bearish market sentiment towards gold seen in
2014 is likely to continue into next year.
- Volatility is set to rise as economic data is likely to have a
more direct and immediate impact on monetary policy over the next
12 months.
The full FOREX.com 2015 Markets Outlook Report is now
available at www.forex.com under Market
Analysis.
The report, prepared by the FOREX.com research team, covers
major global equity markets and commodities including gold, silver
and oil markets along with the potential price ranges for key G10
FX pairs, such as EUR/USD, GBP/USD, USD/JPY,
EUR/GBP and USD/CNY.
The opinions and information in this report are for general
information use and are not intended as an offer or solicitation to
any product offered.
Foreign Exchange and other leveraged products involve
significant risk of loss and are not suitable for all investors.
Increasing leverage increases risk. Before deciding to trade
foreign exchange and other leveraged products, you should carefully
consider your financial objectives, level of experience and risk
appetite. Spot Gold and Silver contracts are not subject to
regulation under the U.S. Commodity Exchange Act. Contracts for
Difference (CFDs) are not available for US residents.
GAIN Capital and its affiliates are regulated by the
Commodity Futures Trading Commission (CFTC), the National Futures
Association (NFA) and the Securities and Exchange Commission (SEC)
in the US; the Financial Conduct Authority (FCA) in the UK; the
Financial Services Agency (FSA) in Japan; the Securities and Futures Commission
(SFC) in HK; the Investment Industry Regulatory Organization of
Canada (IIROC); the Monetary
Authority of Singapore (MAS); and
the Australian Securities and Investments Commission (ASIC) in
Australia.
About GAIN Capital
GAIN Capital Holdings, Inc. (NYSE: GCAP) is a global
provider of online trading services. GAIN's innovative trading
technology provides market access and highly automated trade
execution services across multiple asset classes to a diverse
client base of retail and institutional investors.
GAIN's businesses include FOREX.com, which provides retail
traders around the world access to a variety of global OTC
financial markets, including forex, precious metals and CFDs on
commodities and indices; GTX, a fully independent FX ECN for hedge
funds and institutions and OEC, an innovative online futures
broker.
In October 2015 GAIN announced
that it has entered into a definitive agreement to acquire City
Index (Holdings) Limited ("City Index"), a leading online trading
firm specializing in contracts for difference (CFDs), forex and UK
spread betting.
GAIN Capital is headquartered in Bedminster, New
Jersey, with a global presence across North America,
Europe and the Asia Pacific regions. For
further company information,
visit www.gaincapital.com.
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SOURCE GAIN Capital Holdings, Inc.