CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

77.48% of retail investor accounts lose money when trading CFDs with this provider.

08.05.23 | Trading Outlook with Resident Analyst Joe Jeffriess

Published: 07.05.2023
by Joseph Jeffriess

Good morning traders. After US stocks rallied last Friday and the USD lost steam, we will watch this dynamic this week and wonder if hedges are starting to unwind. Gold and Crypto have seen selling since the rally. Powell’s comments last FOMC said the Fed was watching data. This week could be a big piece of the puzzle with US CPI and PPI to be released.

UK rates are also on the agenda. Could we see a higher than expected (+25pts) this week to cut down stubborn inflation?

Enjoy the latest video analysis outlining the moves made in today’s Australian and Asian sessions, Discussing the potential opportunities emerging from GBP, USD, Gold, Indices, and Crypto. See what reaction the markets have had since they reopened for the new trading.

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