Negative Momentum for Equities to Continue | BDSwiss Weekly Market Outlook

-Boeing Issues After the issues of the aeroplane manufacturer with their engines several months ago, a new set of issues is coming up now. The same planes, the 737 Max series lost parts of the fuselage section and of a window during the flight, though without having caused any issues for passengers. Trust has been reduced in the company once more, which received backing from the US government over recent years. However, the incident caused several planes to be grounded due to safety issues. The 737 Max aircraft has been the biggest exporter of the company. Share prices should be expected to weaken during today’s US trading. -Bond Markets Traders bet that 2024 might be a positive year for the market after the sharp decline in prices in recent months. As interest rates might have mostly hit peak values, for now, yields should be expected to fall. On last Friday, markets dipped again after the NFP report showed a strong increase in figures. 10-year yields have tested the 4% mark again after they had fallen for the past two months. The recent increase might just be seen as a retracement at early trading this year, alongside the Dollar momentum. According to the recent trend, the market looks indeed as if bond prices could continue to move higher. -Market talk The US Dollar lost some steam last week after the Nonfarm- Payrolls report. However, current moves might be short-lived during the first trading days of the month. The recent positive momentum in the Greenback could resume later this week. Gold has lost some steam and could be seen trading lower as well as oil prices. In general, equities look weak and might continue their recent slide. 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.