State of the Market: the negative sentiments remain in the market
The dynamics of the Asia-Pacific stock exchanges remains negative after the negative closing of trading on Wall Street. The negative sentiment of the market and the flight of investors from the risk are caused by political instability in Italy and Spain, after which the entire economy of the eurozone is under attack.
The US dollar index, like the Japanese yen, maintains an upward trend in flight from risks. The American remains near the psychology of 95.00, limited to overbought, but receiving support from risks, thereby maintaining the trading range from 95.00 to 94.70-60 and indicating the overall uptrend.
Also, read: “Quiet Harbor – Security Tools in Financial Markets“
Hanzenko Anton