Risk Sentiment Positive & Dollar Weaker Ahead of an Important Week | BDSwiss Weekly Market Outlook

-BoJ Intervention? On Friday the Bank left rates at 0% and stated that they would buy government bonds as per their decision during the March meeting. The inflation target would also further remain above the target until 2026. Hence, the JPY traded to a fresh 34-year low against most other currencies and continued to decline in early trades today as USDJPY breached . A sudden correction to occurred with Mr. Kanda, Japan’s chief currency diplomat refusing to comment on the situation. -TESLA – Good News at Last? Reuters has reported that Tesla has cleared some key regulatory hurdles that have long hindered it from rolling out its self-driving software in China, paving the way for a favourable result from Elon Musk’s surprise visit to the U.S. automaker’s second-largest market over the weekend. TESLA shares closed on Friday down %, at . -Tech Earnings Apple and Amazon report this week, whilst last week there were some unprecedented movers. Friday realised some huge volatility; SNAP surged %, GOOGL rallied % and NVDA bounced %, all on high volumes. Conversely, INTC shed %. -Market Talk The Dollar remains on the weak side to start the week. The JPY is still the talk of the FX market, following a sharp improvement in fortunes which was rapidly sold off. A busy week starts with German Inflation data today while the EUR holds its own in early European trades. Stock markets had positive weeks last week with the Nasdaq up % & the S&P 500 gaining %, another big week for Earnings with Apple, Amazon, & Coca-Cola as 3 of the bigger names reporting. European stocks have started the week with gains of % – 0.4%. Gold continues to track sideways, BTC holds over $60,000 and USOil oscillates around $. 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.