Analysis of the past day

On Monday, throughout the day there was an increase in negative sentiment, putting pressure on the US dollar and strengthening the movement against Friday. The driver of the growth of pessimism in the market was the negative sentiment on the trade agreement between the US and China. They escalated after market expectations for the abolition of trade duties that did not receive support.

Stock indices at the start of the week opened lower, due to the general growth of negative moods on trade relations. Given the fact that by the close of trading, stock indices reduced losses, general dynamics of the stock market remains restrained. (Nikkei 225 -0.26; DAX -0.10; FTSE 100 -0.50; Dow 30 -0.40)

The US dollar index have noticeably adjusted against a basket of competitors, updating a low 98.10-20 and slowing growth, but maintaining upward dynamics. At the same time, being limited by the support level: 98.00 and 97.90, resistance: 98.40 and 98.50.

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

Hanzenko Anton