Advertisement

BDSwiss Morning Call: Risk Off is coming back | 25/06/2019

BDSwiss Morning Call: Risk Off is coming back | 25/06/2019 -President Donald Trump may have put off a military strike on Iran last week, but he did not hesitate to impose some highly restrictive sanctions on Iran late Monday.

-The new US sanctions on Iran are causing stock markets to turn lower.

-Market participants are now focusing on Iran and away from the US - China trade front.

-European bourses opened in the red this morning while US index futures point to a bearish US open later today.

-U.S. central bank also in focus, with Fed Chair Powell due to speak later today.

-Oil market to likely drive higher due to developments in the Middle East and the fresh Iran sanctions which may put a lid on supply.

-Safe-havens including spot gold, the JPY and the Swiss franc are benefiting from the fresh risk-off wave.

-The GBP pair could see some upside today with Boris Johnson the overwhelming favorite to become the next UK PM.


To stay ahead the markets and experience a competitive trading environment, join #BDSwiss here:
• Check the UPCOMING WEBINARS here:
• Download the BDSwiss iOS app:
• Download the BDSwiss Android app:
• Join our Telegram Channel :
• Like us on Facebook:
• Follow us on Twitter:
• Circle us on Google+:
• Follow us on LinkedIn:
• Follow us on Instagram:
• Subscribe to our Channel:

Risk Warning: 76.8% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BDSwiss,

Post a Comment

0 Comments