it's just after the Non farm report.
If you compare SPX500 and USDJPY, you will have the same conclusion.
Guess the next rate hike is still far away- -
Looks like there is still space for SPX500 for it going higher.
personally I have a long position for spx500 which look to take profit around 2020 , and a long position for gold which i will keep longer time .
I read an article published on zerohedge named something like "g-20-meeting-was-big-disappointment-what-happens-next". I am not sure why the article now can not be found .
as someone named Brent Donnelly said that the market expect something from the G20 , which result the lift of the stock index on last Thursday and Friday. now the meeting disappoints the market...
hope the stock index won't get the oil up again..
the no production cut speech by the saudi oil mnister should be within expectation. which should no have made such a big move on the oil price.
as i understand the oil price should go down long time ago...