Markets focus on US-China tariffs
The week in the financial markets continues to be driven by international political news. The focus is now on the development of negotiations with China on the tariffs front, but the Middle East issue is also back in the spotlight.
As for macroeconomic data, the final data of the January PMI surveys, the ISM services index and the ADP report on January employment are expected today. On the quarterly front, after mixed results yesterday, today is the turn of Walt Disney and Novo Nordisk.
Forward analysis, also in light of yesterday’s recovery, suggests a positive day for the stock market, with bond yields falling and volatility contained. The dollar is still seen as strong against other major currencies, while on the commodities front negative indications are reported for oil and natural gas. As mentioned yesterday, the high uncertainty surrounding the markets these days makes assessment very complicated.
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NOTES AND WARNINGS
Analysis automatically generated by kbmeter.com. Analysis date: 5 February 2025 - 7:49 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.
