In today’s #marketinsights video recording, I talk about China's comments on Phase-1 of a potential trade deal with the US and last Friday's #NFP numbers.
I look at the SPX and DXY as both are affected by the above events in a different way; the S&P500 remains upbeat on Friday's sentiment whereas the dollar index, although yields were seen ending the week higher, was a likely is going to remain under pressure on safe-haven outflows.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
I look at the SPX and DXY as both are affected by the above events in a different way; the S&P500 remains upbeat on Friday's sentiment whereas the dollar index, although yields were seen ending the week higher, was a likely is going to remain under pressure on safe-haven outflows.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.