Daily thread to exchange ideas and to share your thoughts
Good day, everyone! Hope you're all doing well as we get into the European trading session. It's been a quiet start to proceedings for the most part but the big story so far has been the bounce in risk sentiment and that has led to renewed vigour in equities after yesterday's slump in Wall Street towards the close.
- AUD, NZD leads on risk rebound
- JPY lags behind as equities move higher, E-minis up 0.5% currently
- Other major currencies still trading flat on the day awaiting fresh direction
- Eurozone Q3 flash GDP to come, a focus for market view on the ECB's outlook
- Risk sentiment still seen as fragile despite bounce and Trump's comments
Do you think the optimism from Trump's recent comments and the rebound in risk so far will last the course? Or are we set for another disappointing day when US traders join the action as we saw yesterday? Plenty of fun and games still to be had this week and let's not forget that there's US payrolls to cap things off on Friday as well.
What are your views on the market right now? Share your thoughts/ideas with the rest of the ForexLive community here.