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 […]
Stocks
Stocks
Stocks
11
May
May
Today’s Economic Calendar
European indices set to open slightly higher US CPI report in the spotlight Beyond Meat and Walt Disney to report Q1 earnings European stock market indices are set for a slightly higher opening of today’s cash session. DAX futures currently trade around 50 points above yesterday’s cash close. Trading is expected to be rather calm […]
09
May
May
Stock Watch
Earnings season on Wall Street is slowly drawing to a close. Majority of large US companies have already released their financial statements for the first quarter of 2022. However, there are still some interesting companies left to report. Reports from Palantir Technologies (PLTR.US), Plug Power (PLUG.US), Beyond Meat (BYND.US) and Walt Disney (DIS.US) make up highlights of […]
09
May
May
E.U Stocks (Bearish Tone)
European stock markets trade lower DE30 continues to move lower Infineon (IFX.DE) stock plunges despite upbeat quarterly results European stock market indices launched today’s cash session lower, extending Friday’s downward move. Blue chips indices from Germany, France and the UK are trading around 1% lower dragged by global growth woes amid ongoing lockdowns and stringent health restrictions […]
06
May
May
Nasdaq Breaks Key Support Level
Nasdaq contracts hit lowest level since March 2021 The US100 technology index broke below the key support level of 13,000 pts, which was tested several times in recent days as well as in February and March. The opening on Wall Street brings additional volume in the market, although this could probably be related to further […]
06
May
May
Stock Market Sell Off While Bitcoin Plunges
The cryptocurrency market has experienced very high volatility in recent days, the sell-off has sparked concerns over the risk of recession and galloping inflation. These factors made the stock indices dive again, dragging the cryptocurrency market with them. One can see that the correlation of Bitcoin with the NASDAQ technological index is still strong, which […]
04
May
May
It’s All About The Fed
Today at 07:00 pm BST the Fed will publish interest rate decision and plans regarding shrinking its $9 trillion asset portfolio The Fed will raise interest rates by 50 basis points Further communication will be crucial when it comes to overbought dollar, oversold gold and US indices The Fed must face not only high inflation, but […]
04
May
May
Fed Decision Ahead
European markets set to open lower Fed policy decision in the evening ADP report on employment change in April Futures markets point to a flat opening for major European blue chips indices today. US futures trade flat, highlighting that uncertainty is not related only to European investors. The European session is packed with economic releases […]
04
May
May
Good Morning Traders
US indices finished yesterday’s session higher. S&P 500 jumped 0.48%, Nasdaq added 0.22% and Dow Jones rose 0.20%. Stocks in Asia traded lower. S&P/ASX 200 fell 1.10% and Kospi lost 0.17%. Nikkei and Chinese indices were closed for holidays. DAX futures point to a lower opening of the European cash session today. Analysts from BNZ, […]
03
May
May
Positive Open For Wall Street
Wall Street opens with a modest but positive tone, continuing the recovery that began late afternoon yesterday. Markets are bracing for the Fed decision, which will almost certainly result in a 50 basis point hike. However, there is still a mystery in the form of how the Fed will approach asset balance sheet reduction. However, […]