Market forecasts: EUR, Dow, TUI, Ocado & Sports Direct - Spreadex

Spreadex Financial Analyst Connor Campbell joins Presenter Jenny Hammond to discuss key events for the week ahead, macro outlook for major markets- EUR/USD, Dow Jones and the micro outlook for stocks - Tui, Ocado and Sports Direct.

Key points

EUR/USD - could drop if Draghi extends the QE program this week

Dow Jones - key event Fed meeting next week. The index is showing no real issue with rate hike or the strong US dollar. One hand it would be a bit bizarre if the index drops on rate hike (since it largely baked-in)… on the other hand, there is plenty of room for a drop. It could fall 300 points and still be around 19000.

Listen to the full segment to find out how the Spreadex clients are positioned on TUI, Ocado and Sports Direct.

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