A big day has come for the US equities, and global financial markets in general. FOMC is set to announce another rate hike this evening at 7:00 pm BST. There is a scope for a surprise as economists and major banks are divided on whether the hike will be by 50 basis points or by […]
Stocks
Stocks
Stocks
15
Jun
Jun
All eyes on The Fed
European indices set for higher opening Fed rate decision at 7:00 pm BST ECB calls emergency meeting Stock markets in Europe are set for a higher opening of the cash trading session today. Moods improved following the release of better-than-expected activity data from China overnight. EUR is trading higher as ECB called an emergency governing […]
15
Jun
Jun
Good Morning Traders
US indices finished yesterday’s trading mostly lower. S&P 500 dropped 0.38%, Dow Jones moved 0.50% lower and Russell 2000 declined 0.39%. Nasdaq was outperformer as it gained 0.18%. Moods improved slightly during the Asian session following release of better-than-expected data from China. Nikkei, S&P/ASX 200 and Kospi traded lower but indices from China rallied. DAX […]
10
Jun
Jun
Bearish Bearish Cryptos
The cryptocurrency sector is showing weakness again by the end of the week. Bitcoin moved below $30,000 after lower opening among the US indices. Smaller cryptocurrencies are in red now. Altcoins such as Chainlink and Cardano are losing even more than 7% today despite lower volatility in previous days. The crypto market seems to be ‘abandoned’ by short-term […]
10
Jun
Jun
Good Morning Traders
US indices finished yesterday’s trading with a big drop. S&P 500 dropped 2.38%, Dow Jones moved 1.94% lower while Nasdaq slumped 2.75%. Russell 2000 dropped 2.12%. Indices from Asia-Pacific follow the US lead and also trade lower. Nikkei drops 1.3%, S&P/ASX 200 trades 1.0% lower and Kospi declined 1.1%. Equities in China traded higher. DAX […]
09
Jun
Jun
UBS Bullish Tesla
UBS analysts upgraded Tesla to ‘Buy’ today, pointing to 50% upside potential in the face of surprisingly higher sales of Chinese-made cars: The European Union passed a law yesterday that will ban the sale of new cars that emit exhaust fumes after 2035, potentially increasing the market for electric car manufacturers and forcing major companies […]
18
May
May
The Morning Brief
US indices finished yesterday’s trading with large gains. S&P 500 jumped 2.02%, Dow Jones moved 1.34% higher and Nasdaq gained 2.76%. Small-cap Russell 2000 rallied 3.19%. Stocks in Asia traded mixed. While Nikkei and S&P/ASX 200 traded 0.7% higher, Kospi gained just 0.1% and indices from China dropped. DAX futures point to a flat opening […]
17
May
May
Good Morning Traders
US indices finished yesterday’s trading mostly lower. S&P 500 dropped 0.39%, Nasdaq moved 1.20% lower and Russell 2000 declined 0.52%. Dow Jones was an exception as it gained 0.08%. Upbeat moods could be spotted during the Asian session today. Nikkei and S&P/ASX 200 gained 0.3%, Kospi moved 0.7% higher and indices from China traded up […]
13
May
May
Good Morning Traders
US indices finished yesterday’s session mixed. S&P 500 dropped 0.13%, Dow Jones moved 0.33% lower, while Nasdaq rose 0.06% and Russell 2000 jumped 1.24%. Indices from Asia-Pacific moved higher. Nikkei and S&P/ASX 200 rose 2.50% and 1.7% respectively. Kospi added 1.8% higher and indices from China also moved higher. DAX futures point to a higher […]
12
May
May
Lets Talk DAX30
The German benchmark index trades little changed on Thursday as intraday losses were recovered. D1 chart The DE30 has been fluctuating this week between the 23.6% and 38.2% retracement of the downward movement that began in November 2021. Yesterday, the index rallied for a second consecutive day, but most of the gains were given back […]