Stock markets were placed on a chaotic roller coaster ride as the horrible combination of ongoing Brexit woes, concerns over slowing global growth and optimism over central bank intervention created explosive levels of volatility. The Brexit is still the main theme in the global markets with the Sterling left vulnerable to losses. Dollar weakness could persist if Fed rate hike expectations fade and such could propel Gold prices higher.
-The #GBPUSD could slide towards 1.3100 -The #GBPJPY could decline towards 130.00 – #WTI Crude pressured below $50
Stock markets were placed on a chaotic roller coaster ride as the horrible combination of ongoing Brexit woes, concerns over slowing global growth and optimism over central bank intervention created explosive levels of volatility. The Brexit is still the main theme in the global markets with the Sterling left vulnerable to losses. Dollar weakness could persist if Fed rate hike expectations fade and such could propel Gold prices higher.
-The #GBPUSD could slide towards 1.3100
-The #GBPJPY could decline towards 130.00
– #WTI Crude pressured below $50
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