29.05.23 | Trading Outlook with Resident Analyst Joe Jeffriess
This week, all eyes are on the approaching June 1st deadline for the U.S. Debt Ceiling. Undoubtedly, this will take centre stage, with traders closely monitoring the progress of negotiations and the possibility of a resolution. As we approach the deadline, we anticipate sustained market volatility, and the outcome could potentially significantly impact various sectors.
Will resolving the debt ceiling issue propel the SP500 and Dow back into positive territory? Moreover, will the U.S. Dollar maintain its upward trajectory, or is it time for a potential correction or pullback?
Tune in to the latest video analysis, where we delve into the trading activity from this morning’s Australian and Asian sessions. Building upon the insights shared in Friday’s Weekly Market Wrap review, we will discuss the upcoming news around the U.S. Debt Ceiling and analyse the price action in Gold, Indices, and Crypto markets as they reopen for the new trading week. Stay informed and gain valuable perspectives by watching today’s video.
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