US markets are rising in price, expecting positive developments in the negotiations

11.10.2019 / 18:42

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The US market remains strong amid mounting prejudice that the US and China will be able to reach a truce. The high-level negotiations are still ongoing. Bonds continue to fall in value, as does the US dollar, and the pound is still on track to record one of its best sessions amid optimism about the Brexit deal.

The indexes have intensified today even after Trump's comments that "nice things are happening" during the talks. The EU is ready to start serious and in-depth talks with the UK soon.

Oil remains expensive today following the news that an Iranian rocket-propelled tanker has been hit, which again ignites tensions in the Middle East.

Investors are also waiting for a meeting between Trump and Liu He.

With risk on the mood, gold remains under intense pressure.

Source: Bloomberg Finance L.P.

Graphs: Used with permission of Bloomberg Finance L.P.

Trader Martin Nikolov

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US markets are rising in price, expecting positive developments in the negotiations

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