Uncertainty continues to cloud financial markets
Investors remain focused on the possible consequences for the US economy and the rest of the world of the trade war unleashed by the White House. Only reassuring macroeconomic data can dispel the atmosphere of uncertainty surrounding the markets. Another uncertain day for equities, gold is on the run again.
Little change for our intermarket dashboards. Equity markets rallied on technicals rather than macroeconomic news, although the US inflation figure cheered investors and gives the Fed more room to manoeuvre should the economy deteriorate. The only notable development was the renewed strength of gold against the dollar after the pause last February.
On the macroeconomic front, we are awaiting data on eurozone industrial production in January and US producer prices in February (another interesting indicator of inflation trends in the coming months).
Our forecasting analyses continue to point to a wait-and-see approach for the equity sector, with volatility anomalies still present in the main US equity markets. Positive signs for metals and sterling. A wait-and-see attitude in bonds, with signs of a slight rise in US Treasury yields. Volatility stable or rising slightly, especially in bonds.
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NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 13 March 2025 - 7:29 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.
