Stock Market Traders Still Broadly Positive | Sentiment Webinar
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Market sentiment, news and analysis:
- US and European stock markets have been trading sideways over the last few sessions but sentiment still seems positive.
- Traders also seem optimistic about the outlook for gold and crude oil.
Trader sentiment positive
Stock market sentiment remains positive despite a couple of flat trading sessions as traders continue to opt for riskier, higher-yielding assets. However, gold prices are rising too, which is unusual in a “risk-on” environment.
Crude oil prices are climbing as well but most of the major currency pairs are trading sideways.
In this webinar, I looked at the charts of various currency, stock and commodity markets, at the latest news driving them, at various sentiment indicators and at the forward-looking confidence data due this coming week.
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--- Written by Martin Essex, Analyst and Editor
Feel free to contact me via the comments section below, via email at email@example.com or on Twitter @MartinSEssex
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.