Most European markets had an uncertain start of the day while Germany’s Dax is registering a moderate rebound after the sell-off seen on Wednesday.
There are growing expectations that the Fed will unveil new monetary policy moves later this month, with majority of investors ready to bet on new interest rate cuts, to contain the slowdown of the economy.
Photo by Christian Wiediger.
All eyes are now on NFP data, which can offer more clues on the state of the US economy. The trade war remains one of the main topics of this week, as markets are still digesting the US decision to slap tariffs on the EU.
Chief analyst at ActivTrades and technical analyst for Italian newspaper 'La Stampa'. Carlo Alberto provides regular commentary for UK outlets including the BBC, Telegraph, the Independent Bloomberg & Reuters. He is also a weekly commentator for CNBC Italy and a columnist for La Stampa. He worked for Bloomberg as their Equity Research Fundamental Analyst before joining brokerage ActivTrades in 2011 to specialize in currency markets and commodities. In 2014 he published a 250-pages book on gold and the gold market, followed in 2018 by a new updated edition.
© 2019 High Leverage FX - All Rights Reserved.
© 2019 High Leverage FX - All Rights Reserved.