US stocks on Thursday moved lower, with tech stocks taking another hit, after META (-3.80%) warned about advertising revenue in an uncertain economic environment. Meanwhile, Alphabet (GOOGL) fell another -2.72% on Thursday, adding to Wednesday’s decline, as it reported disappointing cloud revenue. Amazon fell -1.11% in line with other tech stocks, but rallied back over
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Russell 2000 Analysis and Charts FTSE 100 remains under pressure The FTSE 100 tries to remain above this week’s low at 7,323 but continues to be under immediate pressure whilst trading below Wednesday’s 7,430 high. Failure at 7,323 would put the 7,228 to
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Share: CME Group’s flash data for natural gas futures markets noted traders reduced their open interest positions by more than 15K contracts on Thursday vs. the previous daily build. Volume, instead, left behind three consecutive daily drops and rose markedly by around 244.5K contracts. Natural Gas: A move to $4.00 does not look
Japanese Yen Prices, Charts, and Analysis BoJ meeting is key for the Yen. USD/JPY is testing the BoJ’s resolve. Download our Free Q4 Japanese Yen Forecast Recommended by Nick Cawley Get Your Free JPY Forecast The Federal Reserve, Bank of England and the Bank of Japan all announce their latest monetary policy decisions next week
Stock market sentiment improved, and Asian equities bounced, alongside gains in European and US futures. Earnings reports helped tech stocks to stabilise, ahead of more key US data. The 10-year Treasury yield is up 3.2 bp at 4.88%, after strong GDP numbers yesterday. Eurozone bonds meanwhile continued to find buyers, after the ECB effectively confirmed
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