FTSE 100, DAX 40 and Nasdaq Stabilize in Cautious Trading

Written by Axel Rudolph, Senior Market Analyst at IG Elevate your trading skills and gain a competitive edge. Get your hands on the Equities Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Warren Venketas Get Your Free Equities Forecast FTSE 100 capped by resistance

Nasdaq Composite Technical Analysis – Will this support hold?

Last Friday, the market sold off as the University of Michigan Consumer Sentiment report saw a big miss across the board with the inflation expectations figures spiking back up. This might be a signal that the consumers are indeed weakening, and it could be a bad omen for the broad market. Moreover, we got some

XAU/USD Price Forecast: Tempered Start for Gold

GOLD OUTLOOK & ANALYSIS Real yields limit gold upside as Fed cycle under scrutiny. Fed speakers in focus later today. Rejection at key resistance on daily gold chart. Elevate your trading skills and gain a competitive edge. Get your hands on the U.S. dollar Q4 outlook today for exclusive insights into key market catalysts that

TradePlus-Fx|BRENT: now on sell – Analytics & Forecasts – 16 October 2023

💬Description: Oil remains one of the most interesting instruments at the moment, which is due to the aggravated geopolitical background. Metals are the same story. In our previous trading idea for oil, we assumed entering a long position with the goal of reaching level 91. This happened, but the main idea and the more promising one –

Poland’s zloty strengthens amid political shift By Investing.com

Poland’s currency, the zloty, appreciated against major currencies including the euro, dollar, Swiss franc, and British pound on Monday. This followed the country’s parliamentary elections where the Law and Justice party won 36.8% of votes, securing 200 seats in Sejm, the lower house of parliament. Despite this victory for the Law and Justice party, exit

Hang Seng, CSI 300 Setups

HANG SENG, CSI 300, HSI – Outlook: Hang Seng Index’s rebound ran out of steam toward the end of last week. China data released last week showed the economy is yet to witness a solid recovery. What is the outlook and what are the key levels to watch in the Hang Seng Index and the

Tesla: Earnings Preview

Tesla.Inc. is a company which engages in the design, development, manufacture, and sales of fully electric vehicles, as well as power storage and photovoltaic systems. It is ranked the 8th most valuable company in the world by market cap at over $830B. The company is scheduled to release its Q3 2023 earnings result on 18th

Market fears abate slightly to start the new week

On Friday, it was all about rushing to seek shelter as markets braced for the uncertainty over the weekend that may befall the Israel-Hamas conflict. But as things weren’t as bad as feared, we’re seeing traders and investors start taking baby steps again to test the waters to start the new week. Here’s a snapshot