2025 Market Forecast: Impact of Trump on FX, Stocks, and Oil
In 2025, one key figure is expected to dominate the global financial markets: US President Donald Trump. Here are three key assets that traders and investors should keep an eye on this year:
1) **US Dollar (USD):** The US dollar had a strong 2024, with a 7% gain. This year could see further gains, possibly in the double digits. Factors like slower Fed rate cuts, Trump’s policies, and safe haven demand could support the dollar. However, if Trump doesn’t follow through on tax cuts and tariffs, the dollar might weaken.
2) **Oil:** Oil markets are in for a rocky ride in 2025. Trump’s proposed tariffs could impact China’s economy and global oil demand. Factors like oversupply, OPEC+ output, and geopolitical risks could also affect oil prices. Keep an eye on China’s economic growth and Iran sanctions as well.
3) **FXTM’s EU50:** European equities could face challenges due to politics, Trump’s policies, and China. However, FXTM’s EU50 might surprise with fresh record highs. Factors like elections in Germany and France, Trump’s trade war, and China’s economy could influence the Euro Stoxx 50 index.
As always, it’s important to stay informed about market trends and be prepared for various scenarios that may unfold throughout the year. Stay tuned for updates on these key assets as 2025 progresses!
