Top 5 macro themes every trader should know - IG
Josh Mahony, Market Analyst at IG Index details the top 5 macro themes that every trader should know. The list includes -
Trump optimism running out of steam - need Trump to deliver on fiscal front Pound loves Brexit clarity/reduced uncertainty The EUR is on the run despite Eurozone election fears - Is it a dollar play? Or due to Trump administration jawboning USD/calling EUR grossly undervalued? RBNZ maintains rates - markets got ahead of themselves, were caught off guard by RBNZ’s dovish OCR forward guidance Further gains in oil are at the mercy of US oil supply numbers USP of the segment - Mahony supplements the macro talk with technical analysis of the Dollar Index, GBP/USD, EUR/USD, NZD/USD, and Brent Oil.
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