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The market sentiment
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Loading...Today the attention of traders and investors are focused on the Fed meeting at 21:00 and US GDP at 15:30
Data on US GDP is likely currencies to maintain momentum in the direction of recent short-term movements, but with approaching data volatility will increase and we may see adjustments to caution.
What was traded to date were expectations that the Fed will sharpen tons and will take course to raise interest rates at least until September, because of the bad economic data last few weeks. Traded expectations can now see profit taking.
Data at 15:30 to US GDP are very important because they will show the picture of the US economy in Q1 and if they are good we will see appreciation of the dollar.
Stock indexes in Europe will most likely start with a slight decrease, which will be due again caution in anticipation of data on US GDP and worse financial statements, which were published yesterday after the trading session in the US
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