Orbex

DXY, SPX: Hang on Fed & Geopolitics

OANDA:SPX500USD   S&P 500 Index
In today's #marketinsights video recording I analyse DXY and SXP!

Equities look bullish and the US index bearish, from a technical perspective. On the (geo)-political front their prices are and could remain being affected by:

- A somewhat dovish?! Fed
- BoE and Brexit (BoJo visits EU today for talks!)
- SA attack and expectations on reduced oil production
- Weakening Chinese data
- US-Sino tradewar optimism

On the other hand, don't forget that policy-pessimism is going to matter most?!

Stavros Tousios
Head of Investment Research
Orbex

This analysis is provided as general market commentary and does not constitute investment advice

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