The main market’s drivers
Trading on Thursday is extremely calm. Market volatility is traced only in relation to oil. At the same time, stock indices and currencies are traded at the opening of the day. The reason for the restraint of the market is a day off in the United States and the expectation of a Friday employment report in the United States. Against the background of a restrained week, this made Thursday’s trading low-volatile.
The US dollar index continues to trade at the opening of the day, maintaining a side channel. Closer to the close of trading in the European session is expected a complete decline in activity.
Fig. The US dollar index chart. The current price is 96.80 (10-year US government bonds yield is the blue line)
Read also: “Emerging markets and their prospects”
Andre Green
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