An initial move higher in Wall Street last Friday eventually faded into the close (DJIA -0.43%; S&P 500 -0.53%; Nasdaq -0.36%), as market participants took the opportunity for further profit-taking into the seasonally weaker month of August. The focus was on the US July non-farm payroll report, which saw a miss in job addition for
The Japan’s Nikkei 225 is recovering some of its losses and is currently down -0.24%. Meanwhile the Shanghai composite index is set up and down -0.3% as is the Hang Seng index. This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز
Share: WTI crude oil prints three-day winning streak to poke yearly high marked in April, sticks to daily gains of late. OPEC+ production cuts join price-positive statements from Saud Arabia, Russia to underpin Oil price run-up. Hopes of easy rates, China stimulus and US Dollar’s pullback add strength to WTI run-up. This week’s
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate
Natural Gas, Bearish Death Cross, Support Breakout – Technical Update: Natural gas prices aimed cautiously lower over past 2 weeks Daily price action continues to underscore a neutral view Meanwhile, 4-hour chart is showing bearish developments Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team
Share: NZD/USD consolidates in a narrow trading band through the early Asian session on Monday. The US wage inflation and employment data showed mixed results on Friday. The Federal Reserve (Fed) is likely to maintain tightening monetary policy far beyond 2024. The US Consumer Price Index (CPI) for July will be the key event to watch
It’s a muted reopen in the major markets. E-mini futures are up 0.15% Dow futures are trading unchanged This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز
Last week’s positive news included strong earnings from Wall Street heavyweights Amazon and Alphabet. However, disappointing Apple earnings resulted in a 4.8% drop in its stock and helped lead to declines on Friday. Nevertheless, over 79% of S&P 500 companies have exceeded estimates for Q2 so far, the highest rate since Q3 2021. The major
Fed Governor Michelle Bowman spoke over the weekend and said: We should remain willing to raise rates at a future meeting if data show inflation progress has stalled. In considering further rate hikes and how long to keep rates restrictive, consistent drops in inflation will be looked for. Additional U.S. interest-rate increases will be needed.
Good morning, afternoon and evening all. It is a holiday in Australia, but the markets never sleep (they might take a nap from time to time). Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow traders? Let’s get started. PS Eamonn is off this week. Sorry
