Positive Risk Sentiment Continues | BDSwiss Market Moves on MT4

-US AI chips The US will further decide how they can retaliate against China’s recent success with their breakthrough in chipmaking technology. Huawei has managed to develop a smartphone with a processor capable of advanced technology. Under the leadership of the US countries like the Netherlands have signed a law that certain AI-capable technology should not be delivered to China. This is in particular important for the lithography sector, which is needed to produce advanced microchips. Currently, Nvidia is not making up further ground after prices have rallied sharply this year while Apple might start a new rally. -Inflation Reading According to a survey from the Federal Reserve Bank of New York, inflation expectations have dropped in November to the lowest level since April 2021. A shift in forecasts for gasoline prices, rent and education is potentially causing an impact on the reading and the indicator is seen as a leading one. Today traders will digest the actual reading, which might be slightly weaker. We will cover the news event live during our webinar session today. -China Investments The British Chamber of Commerce in China has released data from a survey, where companies seemingly do not invest much in the country. Geopolitical tensions and a potential economic downturn in the second-biggest economy in the world cause British companies to be on alert. This was the first time this survey had been released after strong restrictions had been implemented due to the pandemic causing major disruptions in global markets. The FTSE 100 index is currently leading behind major indices and has not created an all-time high compared to the German DAX. -Market talk The US- Dollar is starting slightly weaker into the day and might offer a volatile ride. The CPI reading from the US this afternoon might cause markets to be volatile, should we see a deviation from expected numbers. Currencies like the EUR and in particular the AUD are gearing up momentum against the Greenback. In particular, the Aussi might show that the positive risk sentiment could be due to continue. Not only the NAS100 index is rising but also the S&P 500 is growing momentum. Worth noting that the German DAX is gearing up steam further and might continue to run higher. Gold and Silver have been slightly positive, potentially as the weaker Dollar shows an impact on short-term charts. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.
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