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Monday, 4 September 2017

Trading plan for 04/09/2017

Trading plan for 04/09/2017: 
In response to North Korea's weekend nuclear test the global financial markets are in risk aversion mode. All major stock indices in the Eurozone and in the US had opened with a gap down. Asian indices are losing as well, Nikkei 225 is 0.93% under the line. Gold jumped to $1,337 and managed to retreat only to $1.332. 
On Monday 4th of the September, the event calendar is light in important news releases, so the financial markets will pay attention to the global geopolitical situation development and the US reaction to the latest hydrogen bomb test by Nort Korea. During the London session, Spain will publish Unemployment Change data, UK will release Construction PMI data and Eurozone will post Sentix Investor Confidence and Producer Price Index data.

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