Market is not random but unpredictable
-
Risk sentiment slips back slightly as the US dollar pares recent losses
Major markets are giving mixed signals over the outlook for risk appetite. After threatening to turn corrective in the past week, Wall Street equities staged an impressive rally yesterday. However, with Treasury yields still struggling around one month lows, and the US dollar finding support (helped by impressive housing data), the sustainability of renewed buying on Wall Street could be questionable. There is still a dark cloud of faltering progress in the economic re-opening. Fed chair Powell believes that the US is into an important new phase sooner than expected, but when the WHO suggests the pandemic is actually ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jun 30, 2020 4:35am Jun 30, 2020 4:35am
- 4for4
- | Joined Apr 2017 | Status: 38737526 / 29052019 | 269 Comments
- Comment #2
- Quote
- Jun 30, 2020 6:07am Jun 30, 2020 6:07am
- 4for4
- | Joined Apr 2017 | Status: 38737526 / 29052019 | 269 Comments
Market is not random but unpredictable
- Comment #3
- Quote
- Jun 30, 2020 7:53am Jun 30, 2020 7:53am
- Momofrmnyc
- | Joined May 2019 | Status: Rolling in the Pippppssss! | 798 Comments | Online Now
The markets are like water it ebbs and flows.