Market confidence news and analysis:
– Sentiment in the financial markets is improving, with riskier assets in demand and safe havens out of fashion.
– In this webinar, DailyFX Analyst and Editor Martin Essex discussed the most important factors affecting confidence in the markets.
Check out the IG Client Sentiment data to help you trade profitably.
Market sentiment improves
Confidence in the financial markets is improving, with traders more willing to buy “risk assets” at the expense of traditional “safe havens” such as the Japanese Yen, the Swiss Franc, gold and US Treasuries.
While the jury remains out on whether the Summit between US President Donald Trump and North Korean leader Kim Jong-Un will achieve anything concrete, the meeting is seen as a step in the right direction after the earlier fractious G7 Summit.
Traders remain cautious ahead of key central bank meetings in the US, the Eurozone and Japan, and the looming Brexit votes in the UK are also seen as potential hurdles. However, Italian political concerns are easing and the latest UK jobs data were broadly positive.
Resources to help you trade the forex markets
Whether you are a new or an experienced trader, at DailyFX we have many resources to help you: analytical and educational webinars hosted several times per day, trading guides to help you improve your trading performance, and one specifically for those who are new to forex. You can learn how to trade like an expert by reading our guide to the Traits of Successful Traders.
— Written by Martin Essex, Analyst and Editor
Feel free to contact me via the comments section below, via email at martin.essex@ig.com or on Twitter @MartinSEssex
