Outlook for the US dollar, gold, euro, crude oil, Bitcoin, yen, and stocks

Q2 Market Forecast: Outlook for USD, Gold, Euro, Crude Oil, Bitcoin, Yen, and Stocks

A number of central banks are expected to trigger interest rate cuts in the second quarter of this year, likely introducing new volatility across a wide range of asset classes.

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There are different ranges A number of volatility drivers will emerge in the second quarter of this year, providing multiple trading opportunities. A series of major G7 central banks are set to begin easing restrictive monetary policy, either by cutting interest rates or, in the case of the Bank of Japan, raising rates, and US profits are set to drop as a series of major US indexes currently trade at $1,000. This will add further volatility to the , or near multi-decade highs, but the Bitcoin “halving” event has historically caused BTC to rise significantly. The war in Ukraine is likely to continue, the situation in the Middle East remains volatile, and markets will begin to focus on multiple elections in Western countries later this year.

The VIX index below highlights the positive market conditions over the past few months as investors took profits and enjoyed some risk-on action in the first quarter.

VIX – S&P 500 Volatility Index

After a quiet start to the second quarter, gold prices soared in March to new all-time highs as investors and central banks bought the precious metal.

gold daily price chart

Bitcoin continued to perform well in the first quarter and has risen since the beginning of the year. While heavy demand from Spot Bitcoin ETF advisors drove demand, the upcoming Bitcoin halving event, scheduled for mid-to-late April, will cut new Bitcoin issuance in half and reduce new supply. will decrease.

The next Bitcoin halving – what does it mean?

Bitcoin daily price chart

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All articles written by DailyFX strategists and contributors