SPX weekly chart Closing changes: S&P 500 +0.2% DJIA +0.3% Nasdaq Comp flat Russell 2000 +1.0% Toronto TSX Comp +1.2% Weekly: S&P 500 +2.5% DJIA +1.4% Nasdaq Comp +3.2% Russell 2000 +3.6% Toronto TSX Comp +3.5% There were some larger divergences with energy leading the way today behind a 2.0% rise in the XLE ETF.
© Reuters. Investing.com– Most Asian currencies moved little on Thursday as markets weighed weak economic data from China against growing bets that the Federal Reserve will pause its rate hike cycle. The dollar steadied in Asian trade after steep losses this week, as weaker-than-expected and data spurred bets that the Fed has limited headroom to
Share: AUD/USD retreated below the 20-day SMA towards 0.6450. The August NFP report from the US sent mixed signals from the US labour market. The Greenback benefited from higher-than-expected ISM PMIs. In Friday’s session, the USD initially dropped and found support at the 20-day Simple Moving Average (SMA) of 103.30 but then managed
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HANG SENG, CSI 300 Index- Outlook: China manufacturing activity improved in August. The CSI 300 index and the Hang Seng Index have yet to witness material strength. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi The Fundamentals of Trend Trading The improvement in China’s manufacturing activity is
Article by IG Senior Market Analyst Chris Beauchamp DAX 40, S&P 500, CAC 40 Analysis and Charts Dax sees further strength After rallying to the 50-day SMA earlier in the week, the index fell back yesterday as the euro strengthened and expectations of a fresh ECB rate hike in September rose. The bounce from last