Will the Positive Risk Sentiment Fade? | BDSwiss Weekly Market Outlook

-Red Sea Conflict Houthi rebels are still attacking ships in the Red Sea. According to US sources, a military vessel has shot down a cruise missile, which was seemingly shot from Yemen towards a US destroyer. In the UK, Prime Minister Sunak will address the government today to secure further support for counterattacks. Oil prices increased last week, yet failed to push beyond the technical resistance of USD . USOIL is trading below a technical pin bar pattern, which could push the price lower for now. -Bond Prices Traders invested in US bonds still strongly believe that the Fed will reduce rates rather soon. This should also reduce the pressure on prices and might have a positive impact. Furthermore, inflationary numbers have increased slightly in recent weeks and currently, chances have been priced in markets that the Central Bank will reduce rates as early as March. Fed officials did not comment on such plans currently. -London Stock Exchange Arrest According to the UK police, six people have been arrested as they had planned to attack the stock exchange. Linked with the Palestine Action group, their idea seemingly was to prevent the exchange from opening today. -Market talk The Dollar remains in a sideways pattern without a clear direction for now. Gold and Silver prices resumed their rise over the weekend as geopolitical tensions increased again. On the other hand, stock markets have increased in value with the S&P 500 trading close to the psychological resistance at 4,800. However, the AUD and NZD are losing steam against the Greenback. This might be a preview of markets being shaky as the positive risk sentiment might fade. After the implementation of the Bitcoin-ETF, the market lost steam. Currently, BTC is trading at a support level of USD . The 50-moving average might also act to help prices move higher. 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.