Global markets were explosively volatile last week with stocks edging to all-time highs from the renewed Trump-on trading mood. Although investors regained their risk appetite, safe havens assets were also in fashion with Gold and the Yen both marching into gains. Markets remain heavily influenced by political risks with the growing threat of participants disregarding the fundamentals. Oil prices found some stability around $54 on the back of Dollar weakness and optimism over OPEC respecting their pledge to cutting oil production. – The GBPUSD struggles to keep above 1.2400 – Gold bulls need to break above $1240 – WTI Crude remains pressured around $54
Global markets were explosively volatile last week with stocks edging to all-time highs from the renewed Trump-on trading mood. Although investors regained their risk appetite, safe havens assets were also in fashion with Gold and the Yen both marching into gains. Markets remain heavily influenced by political risks with the growing threat of participants disregarding the fundamentals. Oil prices found some stability around $54 on the back of Dollar weakness and optimism over OPEC respecting their pledge to cutting oil production.
– The GBPUSD struggles to keep above 1.2400
– Gold bulls need to break above $1240
– WTI Crude remains pressured around $54
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