Financial markets, a Monday with a touch of optimism
As the week begins with a plethora of optimistic news (from US/China negotiations to the geopolitical situation), financial markets are expected to open on a positive note ahead of the first macroeconomic data for April on the US price front.
Looking at our intermarket dashboards, we see that the Dow/Gold ratio is moving back towards its 50-day average, continuing the rebound that began a week ago. At the same time, the ratio of 30-year Treasury yields to the S&P500 is moving below average. These signals could indicate the arrival of a new risk-on phase. In the S&P500, the 50- and 200-day averages are now crossing to the upside, while bonds continue to find support at the 50-day average.
On the macro front, the most interesting data will come later in the week, with no significant numbers expected today.
Our forecast analysis confirms a much improved technical situation for equities. The situation for bonds is more uncertain. Lower volatility for both equities and bonds. Dollar improving.
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NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 12 May 2025 - 7:32 AM GMT+1
This content is provided for informational purposes only and should not be considered financial advice. All scores and assessments are based on the previous trading day’s closing prices. Futures indications refer to the date and time of the analysis.
