No real direction for financial markets
The climate of uncertainty in the financial markets shows no sign of abating and investors are struggling to find direction. People are waiting for the FED and looking at quarterly guidance where the word ‘tariffs’ continues to feature prominently.
No big news on our intermarket dashboards. For equities, the situation remains uncertain, while for global bonds, we have a test of the 50-day average for the bullish trend.
On the macroeconomic front, US March international trade data, the final results of the April PMI surveys and Chinese services data are due today.
On the quarterly front, data from AMD and Super Micro are expected later in the day.
Our forecast analysis points to another uncertain day for equities and little clues for other assets. Volatility is mixed.
Already a subscriber? Login here
NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 6 May 2025 - 7:58 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.
