Some thoughts that you need to know to start the week.
Analysis of key markets.
Oil prices rose to their highest in more than a year on Monday, after a Saudi-led coalition fighting in Yemen said it intercepted an explosive-laden drone fired by the Iran-aligned Houthi group, raising fears of fresh Middle East tensions.
If there is a negative correlation between markets, it means one of the
markets’ price will go up, while the other will likely drop. When you trade
each of these assets, you might succeed in any market, by avoiding the steep
climbs and large dips expected with a single market type. In the same way,
positively correlated markets could enable you to profit from both markets if
the price moves in the direction that you speculate.
Japanese shares rose on Monday and briefly touched a more than 30-year high on rising expectations for a rebound in corporate earnings and economic growth.
The real-time Economic Calendar covers financial events and indicators from all over the world. It’s automatically updated when new data is released. The Real-time Economic Calendar only provides general information and it is not meant to be a trading guide.