European markets are trading significantly higher, led by miners and the travel and leisure sector, despite a mixed trading session in Asia. Global sentiment remains bullish on stocks as investors look for further positive signs from the trade talks.
Investors have already priced a trade deal in with many benchmarks around the world now hitting record prices and P/E ratio levels. This could be a dangerous situation for bull traders if negotiations between Beijing and Washington slow-down as many traders have already bought the rumour. Today, investors’ focus will be drawn to both US Building Permits data as well as the first televised leadership debate in the UK, prior to December’s general election.
While a student, Pierre Veyret had a passion for the financial markets. At the time, he studied International Trade through the setting up of import / export operations and it was the techniques of hedging against exchange rate risks that helped him to make the link with the financial markets, and all especially that of Forex. It is therefore with the aim of anticipating the price of currencies several months in advance that Pierre quickly turned to different methods of analysis by drawing inspiration and surrounding himself with experts in the field. Shortly after, Pierre decided to specialize in Technical Analysis, a discipline he had the opportunity to practice with real market professionals, thanks to AFATE / IFTA, an association of which he has been an active member for several years. Pierre Veyret is passionate about the field of the financial industry with a particular interest in the various techniques of stock market forecasting. Currently, Pierre is based in the City of London where he works as Chief Analyst. He performs regular interventions on a multitude of asset classes through various media (television, internet and print media).
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© 2019 High Leverage FX - All Rights Reserved.