FTSE 100 Hit by Selling, but Dax and Nasdaq 100 Show Signs of Stabilising

Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Nasdaq 100 Analysis and Charts ​​​FTSE 100 drops sharply ​Friday’s losses have continued into a new week, with the index testing 7500 in early trading this morning. ​After failing to hold above 7600, a new bearish view appears to prevail. This will be

Stocks recover some poise on the session

S&P 500 futures I’m looking out for any headlines to have caused the turn here but I can’t really pinpoint any specific ones. The turn is coming as general equities sentiment is switching around, with tech stocks now leading the way. Nasdaq futures in particular is up 0.6% after having been down 0.3% earlier. Meanwhile,

Is Nasdaq Following Gold’s Footsteps? NDX, XAU/USD Price Setups

NASDAQ 100, NDX, Gold, XAU/USD – OUTLOOK: Growing similarities between the Nasdaq 100 index and XAU/USD price charts. From a fundamental perspective, elevated real yields appear to be a key driver. How is the trend evolving and what are the key levels to watch in the Nasdaq 100 index? Recommended by Manish Jaradi The Fundamentals

FXMH PARAMETER SETTINGS 20 PST /EUR/USD – Trading Systems – 14 August 2023

If the initial deposit is $1000 on a HIGH RISK micro account use the parameter settings below: Currency pairs: EUR/USD Timeframe: M15 Leverage: 1:500 Swap free account (forex robot will hold floating loss for weeks or even months) Parameter settings for EUR/USD, M15 MINIM_DAILY_PROFIT = Minimum daily profit = 10000 BATAS_FREE_MARGIN = Free margin limit = 50 JAM_ON = The robot starts trading = 1 JAM_OFF = The robot

Yen drifts after breaching 2023 low, dollar gains By Reuters

© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The slipped on Monday to its lowest in the year against the dollar, breaching the key 145 level before regaining some ground as traders warily looked for

I take full responsibility for introducing windfall tax on banks

Share: Italian Prime Minister Giorgia Meloni crossed wires early Monday while giving an interview to the local newspaper, per Reuters. In doing so, the Italian leader took full responsibility of the early-month announcements of windfall tax on bank by terming it a serious matter. The policymaker also ruled out chatters about alliances for

Japanese Yen Hits New Lows as US Dollar Flexes on Higher Treasury Yields

Japanese Yen, USD/JPY, US Dollar, Treasuries, JGBs, China, Commodities – Talking Points The Japanese Yen wilted today after the US Dollar resumed strengthening Treasury yields are outstripping JGBs today, adding to US Dollar lustre China’s outlook remains mired, impacting the region. Will that boost USD/JPY? Recommended by Daniel McCarthy Trading Forex News: The Strategy The

Risk on the defensive ahead of European trading

Despite the best efforts by Beijing to try and defend the yuan, it is on the verge of its lowest levels since November last year against the dollar. And that is indirectly dragging the aussie and kiwi lower today, alongside the more dour mood in equities. Asian stocks are selling off hard today, largely in

Brent crude, China A50, USD/JPY

Market Recap The value-growth divide since the start of the month continued to play out last Friday, as market participants pare their exposure in US big tech and semiconductors, while value sectors held firm with a notable pull-ahead in the energy sector (+1.6%). Some unease were triggered by the upside surprise in US producer prices,