ORBEX:SPX,DXY - Equities Upbeat As Phase-1 Agreed in Principle
In today’s #marketinsights video recording, I talk about China's comments on Phase-1 of a potential trade deal with the US and last Friday's #NFP numbers.
I look at the SPX and DXY as both are affected by the above events in a different way; the S&P500 remains upbeat on Friday's sentiment whereas the dollar index, although yields were seen ending the week higher, was a likely is going to remain under pressure on safe-haven outflows.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
I look at the SPX and DXY as both are affected by the above events in a different way; the S&P500 remains upbeat on Friday's sentiment whereas the dollar index, although yields were seen ending the week higher, was a likely is going to remain under pressure on safe-haven outflows.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
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