Time To Buy Or Bear Market Bounce?

Our attention tilts back towards overall risk sentiment with lots of moving parts that could ultimately see further risk asset sell-offs or rallies in this upcoming week.
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The market’s overall risk tone has improved over the past two weeks with some impressive risk asset rallies.

For some this offers a unique buying opportunity, while for others this smells an awful lot like a classic bear market rally or dead cat bounce.

This week’s risk event line up will offer markets plenty to think about in terms of risk sentiment. Some of the factors this week include OPEC’s deal or no-deal outcome with Mexico, important US and Chinese economic data and further Covid-19 updates.

To make matters even more interesting, we have seen unprecedented amounts of large-scale asset purchases by the G-7 in March, which is almost five times more compared to the peak of the Global Financial Crisis back in April 2009.

This mixed bag of factors means plenty of opportunities, but also means we need to tread carefully and make sure we use sound money and risk management techniques in our trading.

This week ahead video will help you prepare for this week’s upcoming events and provide insights into how you could possibly trade it as well.

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Highlights of the video:

00:37 – Baseline context for risk sentiment

06:37 – Baseline expectations for the upcoming risk event

09:17 – Possible sentiment shifts

12:05 – Possible currency pairs to consider

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