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Charts Today – 17 July 2019 – Markets look to the Fed for direction

Written By Updata Ltd on Wednesday, Jul 17, 2019 | 03:43 AM

 
Dollar Index up on Powell comments turning short term bullish. Eurodollar weakens. Sterling sinks lower again, looking more and more bearish. Bitcoin falls back below $10,000. US stocks mostly lower yesterday, set to open flat today based on US futures. UK blue chips and midcaps flat. Germany and French stocks the same. Asian stock indices mostly lower, except India and Oz. Crude oil fall heavily back to bearish. Gold and Silver mixed. US 10 year yields hover at 2.1%.