Get ready for a “risk on” trade to emerge, says a Credit Suisse report, as copper is likely to continue its downtrend and a weaker Euro currency should benefit European stocks.
Credit Suisse: Get ready for “risk on” market environment
Laying a MACD analysis grid across the global economy to calculate the strength behind trend momentum, the Credit Suisse “Key Market Themes” research slides reviewed by ValueWalk pointed to global risk appetite “finally” being on the cusp of a momentum buy signal. If trend continue, a bullish cross could occur at the end of the week, which could be confirmation that the market environment...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
