Monday, May 28, 2018

Week Ahead 22

Equities
US equities are trading in a narrow range.

DAX could not break above the 13150 minor resistance and its is trading now bellow 13k.

Bonds
US yield reversed sharply easing the spread differentials.

Commodities
Oil was sold off sharply at the and of the week as OPEC and Russia indicated some output increase.

Gold
Gold could not clime back to the longer term range as it bounced back from the 1300 level. 

FX
The USD rally is facing a major resistance now.

No comments:

Post a Comment