In today's #marketinsights video recording I analyse DXY and SXP!
Equities look bullish and the US index bearish, from a technical perspective. On the (geo)-political front their prices are and could remain being affected by:
- A somewhat dovish?! Fed
- BoE and Brexit (BoJo visits EU today for talks!)
- SA attack and expectations on reduced oil production
- Weakening Chinese data
- US-Sino tradewar optimism
On the other hand, don't forget that policy-pessimism is going to matter most?!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice