Charts Today – Stocks move higher on trade talks hopes [Video]

David Linton Updata Ltd

Charts Today – Europe Open – 12 Feb 2019 – Stocks move higher on trade talks hopes

Dollar strength the theme, gaining more ground, short term bullish with 3% upside target activated. Eurodollar down, Sterling mixed.
US stocks little changed overnight, set to open higher today based on US futures.
UK and Germany up today. Asian stocks mostly up. India lower but still bullish short term.
Crude oil flat, short term bearish.
Gold improving short term on pause in dollar.
US bond yields steady. German bonds strong.
UK airlines, supermarkets and housebuilders all lower this morning.

Author

David Linton

Updata Ltd

David Linton founded Updata in 1991 after several years trading and developing systems himself. He is a regular commentator on financial markets in the UK press and TV.

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