Article by IG Senior Market Analyst Axel Rudolph FTSE100, DAX 40, S&P 500 Analysis and Charts FTSE 100 rallies on softer US and UK inflation The FTSE 100 is on track for its third consecutive day of gains on softer US and UK inflation with the early November high at 7,484 being retested. Further up
A strong close on Wall Street was followed by a broad rally across Asian markets. An unexpected slowdown in US inflation boosted bets that the Fed’s tightening cycle is over, which brought down yields and benefited equity markets. UK inflation numbers this morning also came in a tad below market consensus, which put pressure on
If you compare it to the moves yesterday, it isn’t much. EUR/USD is down 0.3% to 1.0847 and GBP/USD down 0.3% to 1.2460 currently. The latter owes to softer UK inflation data earlier, though it also comes amid a push back after running against the 1.2500 mark and near the 100-day moving average (red line):
UK Inflation Drops Across the Board UK headline CPI 4.6% vs 4.8 exp. Prior 6.7% UK core CPI 5.7% vs 5.8% exp. Prior 6.1% Largest contributors to CPI drop: housing and household services (energy) and food The analysis in this article makes use of chart patterns and key support and resistance levels. For more information
В этом сообщении блога подробно описано, как были выбраны файлы установки во время оптимизации, а также показаны альтернативные настройки. Данные брокера: Darwinex UK. Терминал: МТ5 Диапазон дат проверки: с 1 января 2018 г. по 15 октября 2023 г. (5 лет 9 месяцев). Кредитное плечо: 1:25 Депозит: 10 000 долларов США. Риск на сделку 1% от баланса счета
© Reuters. Citi, a global financial services firm, has announced a partnership with the Monetary Authority of Singapore (MAS) to develop an innovative blockchain-based solution for foreign exchange (FX) transactions. The initiative, part of Project Guardian, aims to enhance the cross-border trading process by providing real-time FX price quotes and recording trade executions for any
Share: NZD/USD eyes stabilization above 0.6000 amid easing US price pressures. Further action in the US Dollar will be guided by the monthly US Retail Sales data. NZD/USD forms an Inverted Head and Shoulder chart pattern. The NZD/USD pair aims for stability above the psychological resistance of 0.6000 as the market mood has
It is all about the reaction to the US CPI data yesterday and for now, markets are looking calmer so far today. The dollar dropped heavily and may look to be challenged further, with EUR/USD leading the charge as seen here. Meanwhile, equities look poised to extend gains with S&P 500 futures now seen up
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© Reuters. Japanese Finance Minister Shunichi Suzuki arrives for a news conference during the annual meeting of the International Monetary Fund and the World Bank in Marrakech, Morocco, October 13, 2023. REUTERS/Susana Vera/File Photo By Tetsushi Kajimoto and Kaori Kaneko TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday that the government would take
