Market Expectation Weekly
It is a new week in global business! Generally, the markets definitely are expected to start slowly into the week due to the bank holiday in the UK but things are expected to pick up into the week as the days go by. Some of the major highlights of the week will be the hurricane Ida's development and its impact on Oil production . In addition, the market will be focusing on Australian GDP numbers, OPEC Meetings and the US job numbers.In my opinion, even though the dominant market mood for the week is expected to be a mixed one with a slight edge in favour of the risk- off, I expect market participants to stay away from the safe havens most times this week. Kindly find My expectations below on some instruments. USDindex 10yrsUSTreasury bills Spread EURUSD USDZAR You want me to be your Mentor? Reach me on 07067408224 to Enquire.