Ed Moya, Senior Market Analyst at OANDA joins us to recap the recent 5 day bounce in markets across the board. We discuss the risk-on environment that is continuing the trend of this year, where bear markets are in place but short term tradable rallies do pop up. We also tie in the energy sector and shifts we are seeing in sentiment towards other energy sources outside of oil. Finally we discuss the consumer who has remained surprisingly active in the face of raising costs and shrinking savings.
Click here to visit the OANDA website and follow along with Ed’s daily market note.