Webinar: Market Sentiment Patchy But Still Broadly Positive
- Traders’ confidence remains broadly positive, with German and Chinese stocks performing particularly well, but problems in Spain and Turkey mean there’s a demand for havens too.
- In this webinar, DailyFX Analyst and Editor Martin Essex looks at market sentiment and the events coming up that are likely to influence it, and therefore have an impact on asset prices.
Check out our Trading Guides: they’re free and several new ones are now available including Forex for Beginners, Building Confidence and Traits of Successful Traders
Sentiment in the financial markets is generally positive as the new week begins, with German stocks at record highs after the biggest surge in German industrial production since July 2011 and Chinese stocks at their highest for nearly two years as well.
However, there also pockets of uncertainty, with the Catalan moves towards independence hitting Spanish stocks and the Turkish lira under pressure because of the tensions between Turkey and the US. While “greed” rather than “fear” is the predominant sentiment, there’s been no big sell off in havens such as gold, the Swiss franc and the Japanese Yen.
--- Written by Martin Essex, Analyst and Editor
To contact Martin, email him at email@example.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
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.