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Charts Today – Stocks start the week cautiously optimistic [Video]

Charts Today – Europe Open – 11 Feb 2019 – Stocks start the week cautiously optimistic

  • Trade talks still dominate.
  • Dollar strength the theme, gaining more ground, short term bullish. Eurodollar down, Sterling mixed.

  • US stocks ended a nervous week on Friday, set to open higher today based on US futures.

  • UK and Germany up today. Asian stocks mixed. Japan down 2%, HK and China up. Oz weaker. India lower but still bullish short term.

  • Crude oil lower, short term bearish.

  • Gold weak short term on stronger dollar.

  • US bond yields steady. German bonds strong.

Author

David Linton

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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