Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts FTSE 100 hovers above support The FTSE 100 ended last week on a high and managed to rally to 7,484, close to the 55-day simple moving average (SMA) at 7,497, following softer US employment data, rapidly falling yields
S&P 500 futures are up 7 points, or 0.2%, ahead of the open. Last week was the best one since November 2022. To my way of thinking, any gains today would be a big win following 5 days of non-stop buying, particularly with yields retracing higher today. S&P 500 weekly chart لینک منبع : هوشمند
© Reuters. Investing.com– Most Asian currencies strengthened on Monday, while the dollar hovered near six-week lows as softer-than-expected U.S. payrolls data and less hawkish signals from the Federal Reserve drove up bets that the bank was done raising interest rates. Focus now turns to key upcoming economic readings from China, as well as a Reserve
Share: Japanese Yen continues its recovery into the weekend on potential for divergent monetary policy. BoJ has started normalizing policy as other central banks are close to reaching the end of their tightening cycles. USD/JPY declines sharply after Nonfarm Payrolls miss brings into doubt further Fed rate hikes. The Japanese Yen (JPY)
Share: Nonfarm Payrolls surprised expectations to the downside in October. This brought the USD lower from its high ground. Economists at TD Securities analyze Greenback’s outlook. A topping out of 10Y yields and US rates vol will help revive the high-quality carry currencies Both the headline jobs number and wage data came on
Share: The Canadian Dollar is bounding higher, extending weekly gains. Canada Unemployment Rate missed forecasts, hampering CAD upside. CAD gains 17.5K jobs, entirely part-time employment; wage growth also lower. The Canadian Dollar (CAD) is seeing further upside against the US Dollar (USD) after a US Nonfarm Payrolls (NFP) report that came in below
Share: NIO gains more than 5% on falling Treasury yields, soft NFP, cost savings plan. Nio CEO William Li says Nio will cut about 10% of its employees. Non-core investments will also be trimmed as EV company focuses on financial performance. US Nonfarm Payrolls fell to 150K in October, a print that all
US equities are off the highs but still comfortably into positive territory on the day. The S&P 500 is up 0.7% and the Nasdaq up 0.9%. It’s set to be the fifth straight day of gains and comes despite a disappointing earnings report from Apple. Nasdaq Composite The driver in equities and broader markets is
Share: GBP/USD regains 1.22. Economists at Scotiabank analyze the pair’s outlook. Sterling’s short-term pattern of trade looks encouraging Sterling’s short-term pattern of trade looks encouraging and the resilience of demand for the Pound on weakness over the past month or more is notable. Trend momentum is supportive on the intraday studies but less
POUND STERLING ANALYSIS & TALKING POINTS BoE sentiments linger in favor of sterling. US NFP and services PMI to dominate headlines later today. GBP/USD eyes symmetrical triangle breakout. Elevate your trading skills and gain a competitive edge. Get your hands on the British Pound Q4 outlook today for exclusive insights into key market catalysts that
