07 April 2024
Posted in
sentix Weekly
Bull bump
The geopolitical uncertainties and reduced prospects of an interest rate cut by the US Federal Reserve have caused unrest on the stock markets and a slump in sentiment. However, the sentiment data points more towards consolidation and less towards the risk of a general trend reversal. Commodities in particular have benefited in the current environment. We are seeing bullish sentiment for gold and crude oil and thus a deterioration in the risk situation.
Further results
- EUR-USD: Bias continues to fall
- Commodities: Short-term overshoots
- sentix Economic Index: Monday, 08.04.2024, 10.30 am CEST