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  • The Dow and S&P500 edge slightly back into the green in afternoon trading, joining the Nasdaq. The Russell 2000 remains in the red. DOW +0.03% NDX +0.49% SPX +0.07% RUT -0.81% $DOW $QQQ $SPY $IWM
  • $EURUSD is up slightly today after no changes in the ECB's policy stance, rising from around 1.2120 to currently trade around 1.2150. The pair remains notably off the 1.2300 levels hit earlier this month. $EUR $USD https://t.co/prVZJHYeet
  • Risk trends have definitely throttled back today suggest, which further suggests yesterday was a relief rally. But there remains a notable pace advantage of the tech-based Nasdaq to broader $SPX. Still the core of speculative appetite chasing momentum https://t.co/Mbinh0d0vS
  • ECB is said to be seeking new gauges to help with stimulus decisions - BBG. #ECB $EUR
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in Wall Street are at opposite extremes with 71.02%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/3l38C71A5Y
  • The price of gold turned sharply higher Wednesday, aided by a weaker US dollar, and the precious metal is now running into a cluster of resistance which may prove tricky to overcome in the short-term. Get your $XAUUSD market update from @nickcawley1 here:https://t.co/QXImirPhig https://t.co/7NHSYSG6wr
  • Commodities Update: As of 17:00, these are your best and worst performers based on the London trading schedule: Silver: -0.38% Gold: -0.46% Oil - US Crude: -0.66% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/wjD8G0OKGh
  • Forex Update: As of 17:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.42% 🇨🇭CHF: 0.31% 🇪🇺EUR: 0.28% 🇦🇺AUD: -0.01% 🇯🇵JPY: -0.06% 🇨🇦CAD: -0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/p6eJQtcP7a
  • #Silver is now trading around $25.70 after testing around $26.00 earlier today, its highest levels since early last week. $XAG $SLV https://t.co/sySkamAx3R
  • Indices Update: As of 17:00, these are your best and worst performers based on the London trading schedule: US 500: 0.08% Wall Street: -0.01% FTSE 100: -0.14% Germany 30: -0.21% France 40: -0.31% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/dNiSk0EfSW
Webinar: Trading Sentiment Knocked By North Korea Missile Launch

Webinar: Trading Sentiment Knocked By North Korea Missile Launch

Martin Essex, MSTA, Analyst

Talking Points

- Trading sentiment has been hit hard by North Korea’s missile launch, lifting haven assets like gold and weakening riskier assets such as stocks.

- However, some of these flows make more sense than others.

Check out our Trading Guides: they’re free and have been updated, with several new ones now available including Forex for Beginners, Building Confidence and Traits of Successful Traders

Risk-off is the dominant theme in the financial markets Tuesday as North Korea’s missile launch has prompted a flight into haven assets such as gold, the Japanese Yen, the Swiss Franc, German Bunds and US Treasuries.

Assets seen as more risky, such as European stocks, have suffered accordingly – as has the US Dollar.

However, it is difficult to see why investors are buying the Yen when Japan is in the line of fire, in reality and not just metaphorically.

These issues, as well as which sentiment indicators to look out for in the week ahead, are discussed by DailyFX Analyst and Editor Martin Essex in this, the latest of our weekly webinars on market sentiment.

--- Written by Martin Essex, Analyst and Editor

To contact Martin, email him at martin.essex@ig.com

Follow Martin on Twitter @MartinSEssex

For help to trade profitably, check out the IG Client Sentiment data

And you can learn more by listening to our regular trading webinars; here’s a list of what’s coming up

Like to know about the Traits of Successful Traders? Just click here

Or New to Forex? That guide is here

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