Analysis of the past day

On Friday, the market remained negative sentiment associated with the aggravation of the US trade war. Reserved positive data on the US employment and Trump’s statements about the possibility of refusing new duties did not have a proper impact on the market.

Stock indices close the week with a significant decrease in the risks of a trade war and a slowdown in the global economy. (Nikkei 225 -2.25; DAX -3.20; FTSE 100 -2.50; Dow 30 -1.20)

The US dollar index closes second consecutive day in a decline. At the same time, the week as a whole closes with a small plus. Pressure on the American dollar is exerted by the risks of a trade war, which are an exclusively fundamental factor. A further decline in the dollar index is limited by its oversold level and support level: 98.20-10.

Fig. The US dollar index chart. Current price – 98.20 (10-year US government bonds yield – blue line)

Hanzenko Anton