The technical analysis in the article is interesting. It saves us from having to do it.
Can positive risk appetite maintain momentum into the new week?
Markets have taken another swing towards a more positive risk outlook. US earnings season always tends to be a driver for sentiment and the positive numbers from JP Morgan on Friday gave markets a boost into the weekend. The question is whether this move can be sustained. With the earnings boost coming after encouraging trade numbers from China, there has been a significant move out of the safe haven plays. This moves looks set to continue. Bond yields have shot higher in a move that is holding ground today. Given that this was a broad move across major bond markets, this has resulted in the US dollar feeling the squeeze too. Yield ... (full story)
- Posted: Apr 15, 2019 3:39am
- Submitted by:Category: Technical AnalysisComments: 1 / Views: 1,395