Email Update Tuesday 2nd April 2019

Mark NugentApril 2019, Daily Alert

Email Update Tuesday 2nd April 2019

Yield curve inversion returns to normal and Fed says structural issues make it less of a recession indicator than it was. More positive news on the China trade talks. Brexit – PM May to talk to Corbyn, suggesting softer Brexit. Maybe a tactic to bring Brexiteers into line? Anyway, GBP rose. WTI – Venezuela’s main oil port shut due to lack of electricity.

We are risk on. Equities are rising with some pushing through resistance and as such giving buy signals.

GBP weakness seems to be over so if you have a positive bias for GBP, we have seen the dip and now it is time to buy.

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