Stocks
Stocks

Stocks

15
Jun

Chart of The Day

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 […]

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15
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 […]

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15
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 […]

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10
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 […]

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10
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 […]

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09
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 […]

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18
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 […]

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17
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 […]

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13
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 […]

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12
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 […]

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