CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.09% 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.

76.09% of retail investor accounts lose money when trading CFDs with this provider.

29.05.23 | Trading Outlook with Resident Analyst Joe Jeffriess

Published: 28.05.2023
by Joseph 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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Any person acting on the information presented on this page does so entirely at their own risk. No representation or warranty is given as to the accuracy or completeness of this information. Any research provided does not have regard to any specific investment objectives, financial situation and needs of any specific person who may receive it.

Margin trading involves a high level of risk and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.