Market Alert Thurs 17th Nov 22 – Stocks Lower On Higher Than Forecast U.K. CPI & U.S. Retail Sales

In today’s ‘Market Alert’ I look at yesterday’s trading session, which despite higher than forecast U.K. CPI and U.S. Retail Sales, the market was very quiet and range bound, more so when the U.S. cash markets opened at 14:30 GMT onwards.
Fingers crossed, there will be a bit more volatility during today’s session.

Prices spiked higher from 05:00 GMT. I don’t know what the news was, but as i write and record the MA, the market were holding, wanting to move higher at the 07:00 GMT Dax futures open.

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