Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Fundamental Analysis
More worries about the US equities ability to rebound again
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Walid Salah Eldin, post: 145267, member: 36836"] This new steep slide of the US major Equities indexes put the investors in more doubts about the ability of these indexes to rebound again, as they have done repeatedly since February 2016 bottoms with minimal degree of volatility. Technology shares leaded the slide and weighed on the market sentiment this week following Facebook privacy crisis which drove its share down with no realized bottom yet. The current higher interest rate outlook in US undermined the equities investors' trust in watching reliable buying back money over the short term, After the yield curves could prompt the equities correction by the end of last January. We could see yesterday obviously stronger dollar against its counterpart major currency and versus the gold, despite the strong demand for Treasuries which drove their yields down in the secondary money market without distinction and collectively. The current lower yields in the money market could work on reemerging demand for assets, but this has not been materialized yet, after the worries about the war trade could temper the market sentiment this month adding to the outlook more dovish scenarios. "Buying the greenback selling gold" was the advice of the new White House’s top economic adviser appointee Larry Kudlow who replaced the resigned Gary Cohn in change amid conflicts about the protectionism and the Trade War consequences. While the growing diplomatic efforts for reaching a deal with N. Korea are weighing down on the demand for gold which has been boosted several times in the recent years by N. Korea Nuclear tests. From another side, The ouster of the secretary of state Rex Tillerson has been replaced by the CIA director Mike Pompeo who prompted more worries about the future of Iran deal with the west sending the oil prices up this week to their highest levels since last Jan. 29. The signs of diplomatic breakthrough of the Korean crisis could not encourage the Asian investors to load assets, but BOJ chief Governor could make it today by making USDJPY more well-buoyed, after his remarks about the need for sticking to the ongoing ultra easing monetary policy. After diving to 104.62 in the beginning of this week Kuroda's remarks sent USDJPY up to 107 level boosting demand during the Asian session for the Japanese exporting companies which sent by their turn Nikkei 225 up, Despite the US indexes future rates existence deeper in the red territory, amid growing worries about the outlook of the technology stocks which could not gather buying back until now. After The US administration announced that it's to consider capping of the Chinese investments into The US technology sector to punish it for intellectual property rights violations. Kind Regards Global Market Strategist of FX-Recommends Walid Salah El Din [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…