Market sentiment evaluation:Dealer confidence stays excessive on Wall Avenue, the place indexes proceed to hit file highs.Senti
Market sentiment evaluation:
- Dealer confidence stays excessive on Wall Avenue, the place indexes proceed to hit file highs.
- Sentiment can be recovering in gold and crude oil after their latest falls, whereas it’s blended in currencies.
Dealer confidence nonetheless excessive in US equities
Merchants stay constructive in the direction of the inventory markets, significantly within the US, the place indexes proceed to hit file highs. Against this, there isn’t a clear development amongst currencies however gold and crude costs are recovering after their latest falls.
US Crude Oil Value Chart, Each day Timeframe (March 1 – July 13, 2021)
Chart by IG (You possibly can click on on it for a bigger picture)
On this webinar, I regarded on the developments within the main foreign money, commodity and inventory markets, on the forward-looking information on the financial calendar this week, on the IG Consumer Sentiment web page on the DailyFX web site, and on the IG Consumer Sentiment experiences that accompany it.
— Written by Martin Essex, Analyst
Be happy to contact me on Twitter @MartinSEssex
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