Trading Plan: Monday 10th June 2019

Mark Nugent June 2019, Trading Plan

Trading Plan: Monday 10th June 2019

Last week was a very good week for global equities, particularly in the US. The jump is caused by three issues:

1. Fed members calling for or hinting at a rate cut, Powell included
2. the ending of the Mexico sanctions threat
3. a very poor NFP print (driving expectations of a rate cut which is positive for equities)

This week starts off slowly, with equities gapping up but then falling slightly. The sentiment is not clear as yet. I’ll be looking at equities, GOLD, AUD, GBP and TRY.

Have an excellent week.

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