Talking Points
- Sentiment remains positive in the financial markets, benefiting ‘risk-on’ assets such as stocks.
- Greed rather than fear remains the dominant driving force despite a slightly firmer Dollar.
- 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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Investor sentiment remains overwhelmingly positive in the markets despite a small rally in the US Dollar. The Euro remains close to three-year highs on a continuing belief that the European Central Bank will withdraw some of the stimulus it provides to the Euro-Zone economy, although doubts about whether a new coalition government can be formed in Germany may be holding it back.
While many stock markets are hitting new highs, the prices of commodities such as copper, iron ore, gold and crude oil are falling, while the price of Bitcoin continues to tumble.
--- Written by Martin Essex, Analyst and Editor
To contact Martin, email him at martin.essex@ig.com
Follow Martin on Twitter @MartinSEssex
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