Equities Remain Well-Bid, Dollar Looking for Direction | BDSwiss Market Moves on MT4

-UK Property Prices The British property market is starting to show some signs of positive momentum. Just at the same time, when the BoE announced that they would start reducing rates this year, prices started to rise. Numbers have increased massively with people looking to buy a home as well as selling. The two surveys show that the confidence has grown again after mortgage rates have eased from a 15-year high last year which could lead to potential price gains in the property market. Currently, the GBP looks better than compared to the EUR. “Cable” (GBPUSD) is currently showing some positive price action after having bounced off the 50-moving average support based on the weekly chart. -Chinese Stock Market Regulators in China have been active for many weeks now to support the stock market. As prices have been falling the government still tries to find ways to support the trust in the economy in general. Yesterday, the official news agency, Xinhua News, reported that the chairman of the Securities Regulatory Commission has been ousted. This marks further worries for the government around Xi Jinping. The country has been in an alarming state as the growing housing bubble shows signs of being burst. -Market Talk The Dollar shows mixed signs against other currencies. While the EUR and GBP are gearing up steam, the JPY is losing momentum further against the Greenback. Gold and Silver on the other hand have not been able to push higher and instead keep falling for now. Oil is seemingly still in positive shape as tensions in the Middle East continue to show their impact. Stock markets have rocketed to the upside as investors remain positive looking for yield. The risk sentiment remains positive as also BTC and ETH break to the upside. The Dollar index does not show further directional momentum so markets might be keen to get new data to show potential. Worth noting that the AUD is still in a sideways pattern, which might indicate that equities could face profit-taking soon. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: / bdswissen • Follow us on Twitter: / bdswissen • Follow us on LinkedIn: / bdswiss • Follow us on Instagram: / bdswiss • Subscribe to our Channel: / @bdswissen Your capital is at risk. T&Cs apply.