Will the Positive Risk Mood Continue? | BDSwiss Market Moves on MT4

-Chinese Stock Market The stock market in China saw some upside today after the government announced further support for the economy. The measures also include purchases made by the state fund. Regulators from China will give a briefing to Premier Jinping on financial markets, to underline the urgency as stocks have been falling. Meanwhile, markets in the US are climbing from one high to another as the investor sentiment remains positive. -Bond Markets The bond market in the US is seeing a slight uptick in prices in today’s trading. Worth noting that 10-year yields have climbed further as compared to the shorter 02-year yields. This was the strongest rise for two consecutive days since June 2022. Current moves likely mirror the expectation that the Fed is going to reduce rates anytime soon, aligned with what market participants expect. As central bankers also continue to rather support such moves, the current momentum of the Dollar might now depend on how the other central banks will react. -UK Rates According to a statement by Huw Pill, chief economist at the Bank of England, interest rates could fall this year. As inflationary pressure continues to ease, the target of 2% would not have to be reached before the Bank begins to cut interest rates. The monetary policy should be adjusted this year as compared to 2023. The Pound has been falling further against the USD as compared to the EUR. -Market Talk The risk sentiment continues to be positive for the stock markets. The S&P 500 is starting to move higher and the NAS100 could create a new high as well. With that also risk-off markets like Gold have been falling and the AUD has started to move slightly to the upside. Oil might stabilize for now as the market has found some support at the USD level. Should the 50- moving average on the daily chart be broken to the upside soon the positive risk sentiment could continue. Bitcoin and ETH on the other hand have not been able to push higher and look like they could retrace to lower levels later today. 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.