Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View More
Market Sentiment Boosted by PMIs | Webinar

Market Sentiment Boosted by PMIs | Webinar

Martin Essex, MSTA,

Trader sentiment analysis:

  • Sentiment in the financial markets appears to be improving after Monday’s better-than-expected PMI data from China, the UK and the US.
  • Confidence that recession can be avoided is also rising, with the US yield curve no longer inverted.

Market sentiment improving

Confidence is returning to the financial markets after purchasing managers’ indexes for the Chinese, US and UK manufacturing sectors all came in better than expected Monday. Sentiment will likely improve further if the service-sector PMIs released Wednesday beat expectations too.

Here you can find a recording of my webinar in which I looked at the charts of all the major currency, stock and commodity markets, at the latest forward-looking statistics and at the IG client sentiment data.

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:

--- 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.

DISCLOSURES