Financial markets have started the week with a bang following the unexpected political rifts in the Gulf which sent shockwaves across markets in the local region. In a week where investors were bracing for news focused on the upcoming UK elections and politics in Washington, this fresh development has left most on high alert. The uncertainty simply boosted attraction for Gold while Oil edged lower. With the economic calendar fairly light today, the events in the Gulf are likely to take center stage.
– The #EURUSD has heavily bullish on the daily charts – #GBPUSD remains on standby ahead of the UK general election – #Gold is back in fashion with bulls eyeing $1300 – #WTI Crude is under pressure below $50
Financial markets have started the week with a bang following the unexpected political rifts in the Gulf which sent shockwaves across markets in the local region. In a week where investors were bracing for news focused on the upcoming UK elections and politics in Washington, this fresh development has left most on high alert. The uncertainty simply boosted attraction for Gold while Oil edged lower. With the economic calendar fairly light today, the events in the Gulf are likely to take center stage.
– The #EURUSD has heavily bullish on the daily charts
– #GBPUSD remains on standby ahead of the UK general election
– #Gold is back in fashion with bulls eyeing $1300
– #WTI Crude is under pressure below $50
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