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Market Trades Risk Off Sentiment – Trade War Plays

The global financial markets continue to trade a risk-off sentiment over trade war escalation. In case you are wondering what Risk-off sentiment is, well it’s a market scenario when investors invest in risk free assets to have secure positions.

Earlier today, China’s Commerce Ministry said that the US needs to adjust its way of action if it wants to continue discussions with China to end this trade war.

The United States has increased trade disputes greatly and raised chances of a global economic recession. As per China, Beijing will take necessary steps to protect Chinese firms’ interests.

The process of retaliation is hurting companies on both sides as over 40% of the US companies showed concerns to move their operations abroad.

How is this impacting the market?

Gold – Stays bullish over haven appeal.

Stock Exchange – The stock indices are likely to remain bearish over risk off sentiment.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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