Market becalmed in quiet holiday trading; US house sales, Australia CPI

Monday, 22/04/2019 | 07:20 GMT

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Market Recap

Please notice the scale on my graph of the trade-weighted indices. I had to change the scale today to two decimal places to show the tiny movement in the market. That’s probably because Friday was a holiday in many of the major markets and today is a holiday in many of the major markets too, so a lot of traders are out and those that are in the office are probably just doing as little as possible to get by. I wouldn’t doubt if that will be the trend for the rest of the day too.

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Source: https://www.exclusivecapital.com/market-becalmed-in-quiet-holiday-trading-us-house-sales-australia-cpi/

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