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Equities Start the Week on Upbeat Note as Risk Sentiment Improves

By:
Yaron Mazor
Published: Aug 14, 2017, 11:01 UTC

Equity markets have been mostly positive as today’s trading has gotten underway. The Nikkei turned in declines, but other Asian equity exchanges like the

Equities Start the Week on Upbeat Note as Risk Sentiment Improves

Equity markets have been mostly positive as today’s trading has gotten underway. The Nikkei turned in declines, but other Asian equity exchanges like the Kospi and Hang Seng added value. European markets including the DAX and FTSE have been upbeat to start the day too.

Fed’s Inflation Mantra Proves Point, Can U.S. Investors Stay Positive?

Inflation data from the U.S on Friday proved the Federal Reserve’s mantra regarding weak inflation numbers has merit. The Core Consumer Price Index came in below expectations, and the U.S Dollar lost value against the major currencies going into the weekend. There will be no significant data from the States today, but Retail Sales will be published tomorrow and on Wednesday the Federal Reserve’s Meeting Minutes will be issued. Wall Street proved positive on Friday and will be watched carefully by global investors to see if the major Indexes can provide additional gains today.

Asian Investors Rise Again, Yen Weaker Against U.S. Dollar

The Nikkei and Topix Indexes stumbled out of the gate early this morning and sustained losses. However, risk appetite has shown signs of reawakening in Asia as the Hang Seng, Shanghai Shenzhen and Kospi equity exchanges advanced. The Yen has lost value against the U.S Dollar early. Gross Domestic Product data from Japan showed improvement this morning, while Industrial Production numbers from China proved disappointing.

European Equities Upbeat, Euro & Pound Range Trading

The DAX and FTSE have opened with positive momentum today. After a week of nervous selling, European Indexes have started the day with an upbeat tone. The Euro and GBP have added value, but both currencies continue to be see a battle of range against the U.S Dollar in early trading. European data will be quiet today, but tomorrow will be a busy day as German Gross Domestic Product figures and U.K inflation data is presented.

Risk Adverse Sentiment Shifting, Gold under Early Pressure  

As the sea of risk adverse trading has begun to show signs of weakening today, Gold has lost value and fallen to interesting support ratios early. The precious metal is hovering above 1280.00 U.S Dollars in fast conditions. Traders should be ready for volatility throughout the day as speculators re-evaluate their short-term positions.

German Preliminary GDP Tuesday, U.K. Consumer Price Index Tomorrow

Traders will look at the results from the U.S bond market via the Treasury Bill Auctions for 3 and 6-month notes at 18:30 GMT.

18:30 PM GMT U.S., 3 & 6 Month Treasury Bill Auctions

Yaron Mazor is a senior analyst at SuperTraderTV.

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About the Author

Yaron Mazorcontributor

Yaron has been involved with the capital markets since 1998. During the past 16 years, Yaron has been a day and swing stocks trader in the American market. Yaron has founded and made successful investments into businesses spanning exciting industries – from apparel to restaurants and bars, to high tech, medical technology, and education.

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