Daily Alert – Thursday 20th April 2023: It’s very quiet

Mark NugentApril 2023, Daily Alert

Daily Alert – Thursday 20th April 2023: It’s very quiet

Good morning.

Yesterday’s risk sentiment was indecisive, just like Monday and Tuesday.

We saw inflation missing expectation to the downside in New Zealand. In China, the interest rate was maintained at 3.6%, as the market predicted.

It’s all very quiet. It really does feel like mid-August.

Later today we have the Monetary Policy Meeting Minutes from the European Central Bank. I am sure they will maintain their hawkish stance.

I’ll be back tomorrow with short videos of the two trades closed last week.

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