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.
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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 firstname.lastname@example.org
Follow Martin on Twitter @MartinSEssex
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