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
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
The currency pair is looking to end a three-week losing streak, with early trading today seeing the pair slightly lower at $0.5890/95, a narrow range below $0.59 due to softer US equity futures. Despite this minor setback, the pair has been extending gains for the third day in a row, nearing a two-week high above
© Reuters. FILE PHOTO: Bitcoin logo, representation of cryptocurrencies and rising stock graph are seen in this illustration taken, July 7, 2022. REUTERS/Dado Ruvic/Illustrations/File Photo LONDON (Reuters) – jumped as much as 10% on Monday, putting it on track for its best day since August. It was last trading up 3.8% at $28,232. لینک منبع
Gold, Silver Analysis Recommended by Richard Snow Get Your Free Gold Forecast Higher Rates, Yields, USD and now More Job Openings too A shock surprise in US job openings data revealed that more than 9.6 million jobs in the US have gone abegging. The consensus estimate hinted at only 8.15 million as the job market
© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo By Karen Brettell and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar was on track to post its biggest quarterly gain in a year on Friday
The major US stock indices are opening higher. The Dow Industrial Average is trading above and below unchanged. The S&P index and the NASDAQ index were higher after sharp declines yesterday. A snapshot of the market currently shows: Dow industrial average -6.91 points were -0.02% at 34063.52 S&P index +10.27 points or 0.24% at 4340.28
The price action in the Nasdaq is worrisome. TSLA started the week off with a 10% rally and hasn’t given any of it back yet the Nasdaq is now lower on the week and in danger of closing at the lows of the week. Maybe I’m reading too much into what’s largely been a lackluster
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX40, CAC 40 Analysis and Charts FTSE 100 begins the week on a positive note The FTSE 100 extends its gains following a positive session in Asia on growing expectations that the Federal Reserve (Fed) won’t continue to hike its rates. The UK blue chip
Share: “We are on track to halve inflation this year and by sticking to our plan we will ease the pressure on families and businesses alike,” said UK Finance Minister Jeremy Hunt during the weekend per Reuters. The policymaker also told the BBC that he thinks of witnessing a blip in inflation in
