Positive Investor Sentiment Boosts Stock Prices and Euro
09 Jan 2018 12:04, GMTTalking Points
- Sentiment remains upbeat in the financial markets, benefiting ‘risk-on’ assets such as stocks.
- Greed rather than fear remains the dominant driving force.
- 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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Overall sentiment in the financial markets remains positive in the second week of New Year trading, benefiting so-called “risk-on” assets such as stocks and also the Euro.
Euro-Zone economic sentiment is good but confidence is less buoyant in Japan. Looking ahead, there are a number of potential pitfalls, including the lack of a German government, forthcoming elections in Italy and the unrest in Iran. However, the latest developments in Korea are broadly positive.
--- Written by Martin Essex, Analyst and Editor
To contact Martin, email him at martin.essex@ig.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.