Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Nasdaq 100 – Analysis and Charts FTSE 100 continues to be side-lined The FTSE 100 continues to be range bound below the 55-day simple moving average (SMA) at 7,505. Despite UK consumer confidence rising in November a negative bias has been seen since
© Reuters. Today, as the North American trading session commenced, the New Zealand Dollar (NZD) demonstrated strength while the British Pound (GBP) lagged. The U.S. Dollar (USD) exhibited mixed performance against various currencies, with rebounding due to the impact of the Federal Open Market Committee (FOMC) decision. China’s economic situation continues to be challenging, with
© Reuters. The British Pound (GBP) is outperforming as the strongest major currency with the Australian Dollar (AUD) lagging, while the U.S. Dollar (USD) exhibits mixed performance. This comes as U.S. bond yields rise, reflecting market expectations for sustained high-interest rates driven by a robust U.S. economy. The Federal Reserve Chair has hinted at a
SPX daily Closing changes on the day: S&P 500 down 0.6% DJIA +0.1% Russell 2000 -0.8% Nasdaq Comp +1.3% Toronto TSX Comp -0.3% Closing changes for the week: S&P 500 up 0.4% DJIA +0.8% Nasdaq Comp -0.2% You hate to see Lockheed Martin up 1.6% and closing near the best levels of the week ahead
