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It’s the mother of all markets, making all other types of trading possible. Every three years the Bank of International Settlements releases its survey of foreign exchange and OTC derivatives markets.
A world of Trading assets

17/02/2021 Market Chat

Authored by ZanderVanDerMerwe
17.02.2021
Market Commentary
0
1 min

Post President's day, carnage seemed to have ripped through the market as Gold plummeted below 1800 with Bond yields stamping their authority as it hit a one-year high. It was very much a risk off day as the US indices followed Gold’s lead as it slumped with inflation fear with the continued government spending. Bitcoin, the shining star of the financial market pushed to new high’s for consecutive days crawling higher as the rest of the market crumbled down.

There is some high impact news coming out today to keep an eye out for, CPI figures are set to be released out of the UK this morning. The US is set to release its Retail Sales figures in the afternoon as well as the FOMC Meeting Minutes the latter part of the night.

Authored by ZanderVanDerMerwe
17.02.2021
Market Commentary
0
1 min

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