This article describes how Tesla is positioned now on the stock market, what headwinds and tailwinds it has, and what analysts forecast.
Tag - china
The US election is the hottest topic nowadays, which makes the market volatile. Trump-Biden debates deteriorated the market sentiment and pushed stocks down. Jump in for the fresh analysis of the EUR, the AUD, the GBP and gold!
After Trump-Biden debates the market reaction was initially positive, but Trump's refusal to accept election results in case of Biden’s victory deteriorated the overall sentiment.
China’s Manufacturing PMI will be out on Wednesday at 04:00 MT time!
The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.
All the issues point that today the risk-off sentiment will prevail on the market. However, it may change after Powell's speech. Jump in to get fresh trading ideas on gold, EUR/USD, S&P 500 and AUD/USD!
The overall sentiment remains upbeat amid vaccine hopes and improved US-China relationships. Let's have a closer look.