Market Sentiment Talking Points:
- Confidence seems to be returning gradually to the financial markets after their dive earlier this month.
- Now it seems more likely that what we saw was just a correction.
- In this webinar, DailyFX Analyst and Editor Martin Essex discussed whether this was indeed a healthy correction or the beginning of a new trend downwards.
Learn how to trade like an expert by reading our guide to the Traits of Successful Traders
New to forex and want to find out more about trading? Take a look at our Forex Trading Guides
Confidence begins to improve
Sentiment in the financial markets has improved in recent days after the loss of confidence that began late last month when Wall Street stocks dived and US Treasury yields climbed. Now, it seems more likely that what we saw was a corrction rather than a new bear market in “risk” assets such as stocks.
In this webinar I discussed these issues and also highlighted the business and consumer confidence indicators to be released later this week that could move the markets.
--- Written by Martin Essex, Analyst and Editor
For help to trade profitably, check out the IG Client Sentiment data
And you can learn more by listening to our regular Trading Webinars