9 Apr 2014
Risk Sentiment remains positive - Danske Bank
FXStreet (Barcelona) - Flemming J. Nielsen, Senior Analyst at Danske Bank notes that risk sentiment remains positive albeit with no major market moving news overnight.
Key Quotes
“The US stock market closed higher driven by a rebound in IT-related stock after it had dropped markedly recently on the back of valuation concerns.”
“Alcoa kicked off the Q1 reporting season by reporting better-than-expected Q1 earnings after market close in the US. Despite the positive risk sentiment bond yields are largely lower.”
Key Quotes
“The US stock market closed higher driven by a rebound in IT-related stock after it had dropped markedly recently on the back of valuation concerns.”
“Alcoa kicked off the Q1 reporting season by reporting better-than-expected Q1 earnings after market close in the US. Despite the positive risk sentiment bond yields are largely lower.”