TR#295 28/05/19 - Summary Focus G20

All eyes are on the G20 meeting in Osaka especially on whether Trump and Xi meet. If so then I imagine they should have something positive to say about a potential trade deal. The upshot of that is a potential boost to the world economy. Even a positive outcome will probably not be enough to reverse a slow down but it may prevent a recession. What to look for. Good news could switch risk on and we'll see a move away from safe havens and bad news will have the opposite effect. Keep and eye on JPY, CHF, Gold and Silver. The dollar looks over sold for the mean time but trend is probably short.

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This is not investment advice

Steve Nixon@logicxftrading.com