Richard Franulovich, head of FX strategy at Westpac, suggests that a few key markets have been trending in a more constructive direction lately, signalling less concern about growth risks with the US bond curve has been steepening, Eurozone financials have been outperforming and the USD has eased, to name several markets. Key Quotes “Markets had been signalling that global growth is faltering and policy is too tight for a while, so the trend shift recently is notable. The signal is far from uniform across markets however; breakeven yields suggest disinflation risks is still high, while copper and the ADXY have at best merely stabilised in recent weeks.” “A simple US recession probability model confirms that it’s far too soon to sound the all clear.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index moves to 2-day highs above 97.50 FX Street 3 years Richard Franulovich, head of FX strategy at Westpac, suggests that a few key markets have been trending in a more constructive direction lately, signalling less concern about growth risks with the US bond curve has been steepening, Eurozone financials have been outperforming and the USD has eased, to name several markets. Key Quotes "Markets had been signalling that global growth is faltering and policy is too tight for a while, so the trend shift recently is notable. The signal is far from uniform across markets however; breakeven yields suggest disinflation risks is still high, while copper and the ADXY have… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
