01/07/2019

OMF Markets Daily Commentary Report

Written by Maddy Gwynne
Home Education Articles OMF Markets Daily Commentary Report

The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.

HEADLINES

*Trump dials back the pressure on China & looks to negotiate with some concessions

-holds off on the next round of tariffs on the last $300bn

-removes some restrictions on Huawei while negotiations continue

*Trump’s new best friend, Kim Un Jong….didn’t see that one coming !!!

*Risk bounces on the open with NZD / AUD etc all higher

-expect positive equity start as mkts will take hope from the weekend

-BUT agreement similar to Novembers and…

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