Market Sentiment Still Strong, Risk Assets in Demand
- Confidence among traders remains positive despite what appears to be a period of consolidation.
- In this webinar, DailyFX Analyst and Editor Martin Essex looked 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
Confidence among investors remains high as robust global economic growth continues to send asset prices generally higher. Euro-Zone sentiment indicators released Tuesday came in below expectations but still suggested further gains in GDP in the region.
Looking ahead, US consumer confidence, Japanese consumer confidence, the UK manufacturing PMI and the US ISM are all on the agenda and will likely underscore the current market optimism. IG Client Sentiment data point to the US Dollar resuming its downward path.
--- Written by Martin Essex, Analyst and Editor
To contact Martin, email him at firstname.lastname@example.org
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.