Global Investors Braced for President Trump

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Updated: May 8, 2018, 08:10 UTC

Global investors are anxiously awaiting President Trump’s speech which will focus on Iran later today. The broad markets will be affected. The U.S Dollar and Crude Oil could become volatile with any surprises. Inflation data comes from the U.S tomorrow via the PPI statistics.

Trump Speech has Traders Anxious, Gains for Global Equity Indexes

U.S equities advanced on Monday, but the gains were not earth-shattering and underscore investors remain cautious. Asian Indexes have been positive this morning. Trade Balance numbers have been published in China and were below expectations.

Negotiations between the U.S and China regarding trade continue, and both sides reportedly are taking hardline positions. President Trump will make a scheduled speech tonight regarding the Iranian nuclear deal. The outcome is hard to predict and the broad markets will react to any surprises. Risk adverse investors will certainly be anxious.

The whirlwind of Action in Forex Possible, U.S Dollar Keeps on Trucking

The Euro lost value rapidly on Monday as poor German Factory Orders data caused a negative effect. However, the Pound and Yen did stay relatively stable. The U.S Dollar is strong and is certainly causing frustration for traders who are betting against its recent surge. Important U.S inflation data will begin to be published tomorrow via the Producer Price Index. Also, traders should keep in mind that depending on the outcome of President Trump’s speech, the U.S Dollar could see a whirlwind of action.

Crude Oil Set for Activity and Adventure, Volatility Expected in Energy Market

Crude Oil and the broad energy market will be volatile today and tomorrow. U.S Crude Oil is slightly below the 70.00 Dollars per barrel level. Traders who have a taste for adventure will need to have their risk management solidly in place if they choose to have active positions near term.

Trump Later Today, Halifax Home Price Data Coming in U.K

Global investors will be paying strict attention to President Trump’s speech which begins at 18:00 GMT.

7:30 AM GMT, U.K, Halifax Home Price Index
18:00 PM GMT, U.S, President Trump’s Iranian Speech

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.