Investors Focus on Political News

On Friday, the US dollar did not change against the basket of major currencies. The US dollar index (#DX) closed with a small plus (+0.04%). This week, investors will focus on the geopolitical conflict between the US and Syria, as well as on the US-China trade dispute. It should be recalled that on Saturday the United States, France and the United Kingdom fired over 100 missiles in Syria.

Financial market participants also expect the publication of important economic reports: the volume of retail sales in the US, the data on economic growth in China. Data on the UK inflation, which may influence the further rate of the monetary policy of the Bank of England, will be published.

The "black gold" prices are decreasing after a significant rally last week. At the moment, futures for the WTI crude oil are testing a mark of $66.50 per barrel. Investors are still concerned about the growth of drilling activity in the US.

Market Indicators

On Friday, there was bearish sentiment in the US stock market: #SPY (-0.29%), #DIA (-0.50%), #QQQ (-0.52%).

At the moment, the 10-year US government bonds yield is at the level of 2.83-2.84%.

The news feed on 2018.04.16:

- The volume of retail sales in the US at 15:30 (GMT+3:00).

by JustMarkets, 2018.04.16

We advise you to get acquainted with the daily forecasts for the major currency pairs.

Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.

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