The mood in the markets remains positive despite the release this morning of data that shows the most pronounced drop in German industrial output in the last 10 years.
This positivity is drawn from hopes that the US and China will be able to reach some form of agreement before December 15th, when new US tariffs on Chinese imports are due to kick-in. On Thursday President Trump said negotiations are going well and this was enough to once again turn market sentiment, with risk-on prevailing everywhere. Most remarkably, the Euro is finding support during early Friday trading, despite the fears triggered by the bad news from Germany.
Photo by Pen Tsai.
Has undertaken a number of senior roles in his current employer including running the international desk, responsible for managing sales, customer services and marketing functions for a number of territories, as well as acting as a regular public speaker at events and contributor to TV and other media through interviews and market analysis. Since November 2016 he has been the Senior Executive Officer (SEO) of ActivTrades Dubai branch, having overall management responsibility of the branch. Prior to joining ActivTrades Ricardo worked in the IT and Financial industries.
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© 2019 High Leverage FX - All Rights Reserved.