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Market Sentiment Positive Despite Trade War Fears | Webinar

Market Sentiment Positive Despite Trade War Fears | Webinar

2018-08-07 11:00:00
Martin Essex, MSTA, Analyst and Editor
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Market sentiment news and analysis:

  • Fears of a trade war remain the dominant market theme but retail traders are holding their nerve.
  • There have been few signs of a move into safe havens but the US Dollar is in demand.

Our trading forecasts for Q3 have been published; you can find them here.

And check out the IG Client Sentiment data to help you trade profitably.

Sentiment upbeat

Sentiment among financial market traders remains positive despite continuing concerns about a trade war between the US and China.

The USD is still in demand, with traders looking for it to strengthen whether risk is on or off.

Meanwhile, market confidence can be seen clearly on Wall Street, where prices have been rising since the start of July.

US Stocks price chart, Daily Timeframe (March 14 – August 7, 2018)

Latest Wall Street price chart.

Chart by IG

In this webinar I looked at all the main financial markets and how they are likely to move in the days ahead.

Resources to help you trade the forex markets

Whether you are a new or an experienced trader, at DailyFX we have many resources to help you: analytical and educational webinars hosted several times per day, trading guides to help you improve your trading performance, and one specifically for those who are new to forex. You can learn how to trade like an expert by reading our guide to the Traits of Successful Traders.

--- Written by Martin Essex, Analyst and Editor

Feel free to contact me via the comments section below, via email at martin.essex@ig.com or on Twitter @MartinSEssex

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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