DXY, SPX: Hang on Fed & Geopolitics
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
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
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