Market Sentiment Data: Bearish Signals for GBP, Gold and Bitcoin
Market sentiment talking points:
- In this webinar, DailyFX Analyst and Editor Martin Essex looked at market sentiment, confidence and positioning as well as the key sentiment data to be released later this week.
For more information, check out the IG Client Sentiment data to help you trade profitably.
The most important themes in the financial markets at present are a strong USD on hopes of a ceasefire in the US-China trade war and a buoyant oil price on fears of a disruption in Venezuelan supplies.
However, some assets are holding up better than others, with AUD and CAD looking better placed against the USD than EUR or GBP.
Meanwhile, there are plenty of forward-looking business and consumer confidence indicators due to be released this week; more information is in this recording of today’s market sentiment webinar.
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--- Written by Martin Essex, Analyst and Editor
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.