A strong move higher on Wall Street into the close on Friday has helped to sustain a more positive attitude to risk into the new trading week. It may be Memorial Day in the US, but the risk rally is holding.
As US markets reopen following the Independence Day holiday, the threat of USD strength is re-emerging. There is still a mild positive bias to sentiment, but markets are looking cautious again.
Markets have been jolted into life following lower-than-expected US CPI inflation. The USD has been correcting lower although the slide has been choppy. Commodities have also been fluctuating, but indices continue to build higher.
You may also be interested in
Level up your trading activity -- discover the INFINOX experience today.
Research & Insights
Our research will arm you with everything that you need to know to make the most of your financial trading opportunities.
Apply online to complete your registration and verification.
Make your first deposit to start placing orders.
Your INFINOX account is all set up!