Top Trade Ideas - May 8th
As your personal investment analyst, we strive to bring you informed decisions. So, after a thorough market review, here are our trade ideas for you to capitalise on the week ahead.
We have a great week ahead of us. To start off, drop us a follow on Twitter to tune into all of our Spaces events. We are live trading Monday-Friday and have a special event this week talking about gold with Wolf Financial.
Our Twitter page also posts short gems throughout the week. So make sure to check us out and turn on notifications.
Last week saw a slow week of selling, followed by strong buying in US equities to end the week on Friday. Ultimately, this does still keep us in April’s range.
The dollar had a strong start to the week but ended up selling off, leaving it not far from 52-week lows.
Wednesday brings us US CPI data and the BoE rate decision. The former could really weigh into the equities market after the Fed raised rates by 25bps last week but laid a potential road for a pause, dependant on inflation.
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Onwards to the money…