The Week Begins with a Positive Risk Sentiment | BDSwiss Weekly Market Outlook

-ECB on Track As oil prices are falling further there might be another round of potential cooling in regards to the inflationary pressure. Recent numbers suggest that the European Central Bank could be ready to reduce interest rates in June. According to the governing council member de Galhau, oil price uncertainty won’t be enough to hold back from cutting rates. The European economy still remains much softer as compared to the US. Hence rate cuts might also support this situation. Similar words also were repeated by the Bank of England where Governor Andrew Bailey stated that his outlook would be similar to the Eurozone one. -US Treasuries Treasuries from the US remain under pressure as yields continue to rise. As the pressure of inflation in the US remains a hot topic, traders position themselves similarly. US 02-year yields are still trading at the 5.0% level, without potential momentum to the downside currently. -Market Talk The Dollar currently starts the fresh week with slight negative momentum in general. The EUR and AUD can gear up some momentum and hence equities resume their ways with some upside. Among the most gainers are the Dow Jones and the German DAX. The S&P 500 and NASDAQ are lagging behind for now. Oil prices remain negative below Friday’s bearish technical pinbar candlestick pattern. Cryptos continue to remain rather positive and Bitcoin might show further upside momentum. It is worth noting that the current positive risk sentiment might also be a reason why Gold (and Silver) currently face profit-taking and move to lower levels. 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: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.