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Are Markets in a recovery mode?

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: Markets are in recovery mode on the idea that growth fears were overstated. This is a headline in the Financial Times so it must be true, right? We have a recovery in oil and other commodity prices after a “wobble” yesterday, yields tanked but came back, and gold is sliding downward. Risk appetite is okay. But the IMF does not accept the market verdict and threw a hysterical fit over China’s exports falling 25% (note that the IMF accepts Chinese numbers as accurate). The IMF says the

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