30 Nov: Trend table outlook for FX, Commodities, Indices

By | November 30, 2018

Markets have been choppy but generally without too much directional bias on Thursday, with the FOMC Minutes having little overall reaction, and with traders now mostly likely to sit on their hands while awaiting the upcoming G20 Meeting, and the Trump/Xi meeting in particular.

The FX markets look mixed and probably best left alone although on the crosses, the Aud and the Kiwi still look as though they may outperform over the medium term.

The interest seems to be in the stock markets, which seem set for further gains ahead, while WTI may also be building a base after having recovered from a dip below $50.00pb.

No trades today. Be square ahead of the weekend close due to possible gapping at the Monday open.