Markets in Risk-On Mode Amid US-China Talks Optimism
Financial markets maintain a generally positive tone as they await new developments from the negotiations between the US and China. Intermarket indicators confirm a “risk-on” phase.
There are very few new elements to report on our intermarket dashboards. We only highlight the return to the yearly average of the Dow-to-Gold ratio (a risk-on signal) and the approach toward the early-year lows of the S&P 500-to-Nasdaq ratio (another risk-on signal).
On the macroeconomic front, today’s focus is on employment and retail sales data in the UK, as well as private sector confidence in Australia.
Our forecast analyses continue to suggest a positive day for equity markets, especially in the US, while some uncertainties remain on the European front. Gold appears to be in a holding pattern, while the commodities sector maintains a positive outlook. The bond market remains stable. Volatility is under control.
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NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 10 June 2025 - 7:13 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.
