DAILY FUNDAMENTAL SNAPSHOTS
Asian shares edged lower on Tuesday amid uncertainty about Senate runoffs in Georgia, which could have a big impact on incoming U.S. President Joe Biden's ability to pursue his preferred economic policies. Shanghai Composite is up 0.44% at3,517.968. Overall, Singapore MSCIdown0.24% at 325.80. Over in Hong Kong, the Hang Seng Index up0.09% to 27,511. In Japan, the Nikkei 225 down0.66% at 27,140, while the Topix index wasdown0.50% to 1788.5. South Korea’s Kospiup1.34% to 2984.72. Australia S&P/ASX 200 down0.03% to6681.9.
European equities Mondayclosing. The #DAX futures contract in Germany traded 0.06% up at 13726.74, #CAC40 futures up0.68% at5589.0and the UK 100 futures contract in the U.K.up1.72% at 6,571.9.
In U.S. on Wall Street, the Dow Jones Industrial Average closed down1.25% at 30223.9the #S&P500down1.48% to 3700.7and the Nasdaq 100up 0.03% at12704.4,#NYSE closes at 14376.703down1.02%.
In the Forex market, #GBPUSD up0.20% at 1.35920. The #USDJPY down 0.15% at102.957.The #USDCHF down0.05% at 0.88064.#EURUSD up0.21% at 1.22683, #EUR/GBPup0.08% at 0.90252. The #USD/CNY down 0.02%at 6.4587, at the time of writing.
In the commodity market U.S. Gold futures down 0.25% at $1,937.60. Elsewhere, Silver futures up0.10% to $27.230 per ounce, Platinum down0.27% at $1063.16per ounce, and Palladium down0.11% to $2,376.50.
#Crude Oil down on Tuesday;# Brent crude oildown0.06% to $50.72 barrel while U.S. West Texas Intermediate (CLc1) isdown1.23% at $48.88.
In the Cryptocurrency Markets, #BTCUSD at 30367.68 up5.10%, #Ethereum at993.74 down4.94%, #Litecoin at 177.75 up4.71%, at the time of writing.
TOP STOCKS TO WATCH OUT TODAY:
BOEING Inc.down 5.298%at $202.72,#AMERICAN EXPRESS Co.down2.374% at$118.04,#ADOBE Inc. down2.955% to $485.34,#CSX CORP.down 3.041% to $87.99,#EBAY Inc. up 2.49% to $51.5,#GILEAD SCIENCES Inc. up 3.18% at $60.11.
#Economic news:
US:U.S. economic growth could surge later this year if most Americans are vaccinated against the coronavirus, but the gains would unlikely be enough for the Federal Reserve to withdraw its support, Cleveland Fed President Loretta Mester said on Monday.
The economy is likely to struggle in the near term after a rise in coronavirus infections led to more restrictions, both voluntary and mandated, Mester said.
While the "medium" term outlook was more promising, with vaccines likely to help people feel safer doing certain activities, she expects the economy to remain far from the Fed's inflation and full employment goals.
#Eurozone: The European Commission said on Tuesday that new U.S. tariffs on EU products disrupted ongoing negotiations with Washington to resolve a 16-year battle over aircraft subsidies and it hoped to find a swift solution with the next U.S. president, Joe Biden.
Important Data:USISM Manufacturing PMI (Dec)today at10:00 this time estimate to be 56.6,previously which was 57.5.US API Weekly Crude Oil Stocktoday at16:30previously which was -4.785M.JAPAN Services PMI (Dec)today at19:30this time estimate to be 47.2, previously which was 47.8.JAPAN 10-Year JGB Auctiontoday at 22:35previously which was 0.019%.
Asian shares edged lower on Tuesday amid uncertainty about Senate runoffs in Georgia, which could have a big impact on incoming U.S. President Joe Biden's ability to pursue his preferred economic policies. Shanghai Composite is up 0.44% at3,517.968. Overall, Singapore MSCIdown0.24% at 325.80. Over in Hong Kong, the Hang Seng Index up0.09% to 27,511. In Japan, the Nikkei 225 down0.66% at 27,140, while the Topix index wasdown0.50% to 1788.5. South Korea’s Kospiup1.34% to 2984.72. Australia S&P/ASX 200 down0.03% to6681.9.
European equities Mondayclosing. The #DAX futures contract in Germany traded 0.06% up at 13726.74, #CAC40 futures up0.68% at5589.0and the UK 100 futures contract in the U.K.up1.72% at 6,571.9.
In U.S. on Wall Street, the Dow Jones Industrial Average closed down1.25% at 30223.9the #S&P500down1.48% to 3700.7and the Nasdaq 100up 0.03% at12704.4,#NYSE closes at 14376.703down1.02%.
In the Forex market, #GBPUSD up0.20% at 1.35920. The #USDJPY down 0.15% at102.957.The #USDCHF down0.05% at 0.88064.#EURUSD up0.21% at 1.22683, #EUR/GBPup0.08% at 0.90252. The #USD/CNY down 0.02%at 6.4587, at the time of writing.
In the commodity market U.S. Gold futures down 0.25% at $1,937.60. Elsewhere, Silver futures up0.10% to $27.230 per ounce, Platinum down0.27% at $1063.16per ounce, and Palladium down0.11% to $2,376.50.
#Crude Oil down on Tuesday;# Brent crude oildown0.06% to $50.72 barrel while U.S. West Texas Intermediate (CLc1) isdown1.23% at $48.88.
In the Cryptocurrency Markets, #BTCUSD at 30367.68 up5.10%, #Ethereum at993.74 down4.94%, #Litecoin at 177.75 up4.71%, at the time of writing.
TOP STOCKS TO WATCH OUT TODAY:
BOEING Inc.down 5.298%at $202.72,#AMERICAN EXPRESS Co.down2.374% at$118.04,#ADOBE Inc. down2.955% to $485.34,#CSX CORP.down 3.041% to $87.99,#EBAY Inc. up 2.49% to $51.5,#GILEAD SCIENCES Inc. up 3.18% at $60.11.
#Economic news:
US:U.S. economic growth could surge later this year if most Americans are vaccinated against the coronavirus, but the gains would unlikely be enough for the Federal Reserve to withdraw its support, Cleveland Fed President Loretta Mester said on Monday.
The economy is likely to struggle in the near term after a rise in coronavirus infections led to more restrictions, both voluntary and mandated, Mester said.
While the "medium" term outlook was more promising, with vaccines likely to help people feel safer doing certain activities, she expects the economy to remain far from the Fed's inflation and full employment goals.
#Eurozone: The European Commission said on Tuesday that new U.S. tariffs on EU products disrupted ongoing negotiations with Washington to resolve a 16-year battle over aircraft subsidies and it hoped to find a swift solution with the next U.S. president, Joe Biden.
Important Data:USISM Manufacturing PMI (Dec)today at10:00 this time estimate to be 56.6,previously which was 57.5.US API Weekly Crude Oil Stocktoday at16:30previously which was -4.785M.JAPAN Services PMI (Dec)today at19:30this time estimate to be 47.2, previously which was 47.8.JAPAN 10-Year JGB Auctiontoday at 22:35previously which was 0.019%.
European shares undone by Wall Street swoon, short seller squeeze
Global and European shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse to book profits on recent hefty gains.
The pan-European Stoxx 50 climbed down by 1.57% to 3,536.38 . In the cash markets, the DAX futures Germany was trading 1.81% down at 13,620.46. CAC 40 futures in France climbed down by 1.16% to 5459.62, while the FTSE 100 futures in the U.K. fell by 1.30% to 6,567.37 ,at the time of writing.
Checkout the link to read full article
#Stoxx50 #Dax #CAC40 #FTSE100 #TradeAnalysis #StockAnalysis #FundamentalAnalysis #TechnicalAnalysis #DailyMarketReport #CapitalStreetFx #Indices #index
https://www.capitalstreetfx.com/en/european-shares-undone-by-wall-street-swoon-short-seller-squeeze/
Global and European shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse to book profits on recent hefty gains.
The pan-European Stoxx 50 climbed down by 1.57% to 3,536.38 . In the cash markets, the DAX futures Germany was trading 1.81% down at 13,620.46. CAC 40 futures in France climbed down by 1.16% to 5459.62, while the FTSE 100 futures in the U.K. fell by 1.30% to 6,567.37 ,at the time of writing.
Checkout the link to read full article
#Stoxx50 #Dax #CAC40 #FTSE100 #TradeAnalysis #StockAnalysis #FundamentalAnalysis #TechnicalAnalysis #DailyMarketReport #CapitalStreetFx #Indices #index
https://www.capitalstreetfx.com/en/european-shares-undone-by-wall-street-swoon-short-seller-squeeze/
Capital Street FX
European shares undone by Wall Street swoon, short seller squeeze - Capital Street FX
Global and European shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse to book profits on recent hefty gains. There was a hint of resilience as U.S. stock…
European shares down as retail crowd catch silver bug
The pan-European Stoxx 50 climbed down by 2.13% to 3,41.44 . In the cash markets, the DAX futures Germany was trading 1.71% down at 13,432.87. CAC 40 futures in France climbed down by 2.02% to 5399.21, while the FTSE 100 futures in the U.K. fell by 1.82% to 6,407.46 ,at the time of writing.
#FTSE100 #DaxFutures #CAC40 #CAC40Futures #Stoxx50
https://www.capitalstreetfx.com/en/european-shares-down-as-retail-crowd-catch-silver-bug/
The pan-European Stoxx 50 climbed down by 2.13% to 3,41.44 . In the cash markets, the DAX futures Germany was trading 1.71% down at 13,432.87. CAC 40 futures in France climbed down by 2.02% to 5399.21, while the FTSE 100 futures in the U.K. fell by 1.82% to 6,407.46 ,at the time of writing.
#FTSE100 #DaxFutures #CAC40 #CAC40Futures #Stoxx50
https://www.capitalstreetfx.com/en/european-shares-down-as-retail-crowd-catch-silver-bug/
Capital Street FX
European shares down as retail crowd catch silver bug - Capital Street FX
European stocks fell on Monday and U.S. stock futures recouped early losses as newly empowered retail investors turned their attention to precious metals, promising a respite to some hard-hit hedge funds. Futures for the S&P 500 edged up 0.3%, having been…
European Stocks Up, Boosted by Yellen Push for U.S. Stimulus Measures
European stocks were up on Monday morning, starting the week with on an optimistic note after the U.S. Secretary of the Treasury Janet Yellen pushed for a U.S. stimulus package to be passed and COVID-19 trends showed improvements.
Yellen said on sunday that the U.S. could return to full employment in 2022 if the country enacts a robust enough relief package.
However, some investors expressed skepticism about Yellen’s statement.
“That’s a big call given full employment is 4.1%, but one that will sit well with the market at a time when the COVID-19 vaccination program is being rolled out efficiently in a number of countries,” Pepperstone chief strategist Chris Weston told Reuters.
Disappointing U.S. jobs data from Friday also continues to dent investor sentiment. The U.S. jobs report for January showed that fewer jobs were created in the economy than expected. Non- farm payrolls were at 49,000 and the unemployment rate was at 6.3%.
Further U.S. data, including the Federal Budget and the consumer price index, will be released later in the week.
Although the data highlighted the economic recovery’s fragility and the need for further stimulus measures, other investors warned that the introduction of these measures could boost inflation and overheat asset prices.
“It does seem to be the case that global markets have now become addicted to stimulus and that the greatest risk to the outlook, and potential trigger for a correction in risk-asset valuations, would be central banks dialing down the music,” First Abu Dhabi Bank Pjsc chief economist Simon Ballard told Bloomberg.
However, investor sentiment was boosted by a continuous global rollout of COVID-19 vaccinations. Sinovac Biotech Ltd received conditional approval from China’s National Medical Products Administration for its Coronovac offering over the weekend.
Also boosting sentiment was data suggesting that COVID-19 daily cases are declining in countries such as the U.S., France and Germany. There were also no new locally transmitted COVID-19 cases for the first time in nearly two months in China, according to data released on Monday.
On the central bank front, Federal Reserve Chairman Jerome Powell will deliver remarks during a webinar on Wednesday.
The pan-European #Stoxx 50 climbed up by 0.37% to 3,655.77. In the cash markets, the #DAX futures Germany was trading 0.03% down at 14,056.72. #CAC40 futures in France climbed up by 0.90% to 5,659.26, while the #FTSE100 futures in the U.K. fell by 0.22% to 6,489.33 ,at the time of writing.
TECHNICAL INDICATORS
#FTSE 100:-
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 42.013 6496.79 6634.90 6574.77 U=6876.3013
M=6634.9020
L=6393.5027
%k=24.2546
%d=26.5386
Comment Selling zone Price Below the moving average Price Below the moving average Price Below the moving average Price is Below UB
Price is Below MB
Price is Above LB Crossover to the Downside
Trend Bearish Bearish Bearish Bearish Bearish Bearish
Special
Notes The market is expected to move in the Negative Territory. All The Moving Averages are Above the trading price.RSI suggests the market may move in a Bearish Zone.
European stocks were up on Monday morning, starting the week with on an optimistic note after the U.S. Secretary of the Treasury Janet Yellen pushed for a U.S. stimulus package to be passed and COVID-19 trends showed improvements.
Yellen said on sunday that the U.S. could return to full employment in 2022 if the country enacts a robust enough relief package.
However, some investors expressed skepticism about Yellen’s statement.
“That’s a big call given full employment is 4.1%, but one that will sit well with the market at a time when the COVID-19 vaccination program is being rolled out efficiently in a number of countries,” Pepperstone chief strategist Chris Weston told Reuters.
Disappointing U.S. jobs data from Friday also continues to dent investor sentiment. The U.S. jobs report for January showed that fewer jobs were created in the economy than expected. Non- farm payrolls were at 49,000 and the unemployment rate was at 6.3%.
Further U.S. data, including the Federal Budget and the consumer price index, will be released later in the week.
Although the data highlighted the economic recovery’s fragility and the need for further stimulus measures, other investors warned that the introduction of these measures could boost inflation and overheat asset prices.
“It does seem to be the case that global markets have now become addicted to stimulus and that the greatest risk to the outlook, and potential trigger for a correction in risk-asset valuations, would be central banks dialing down the music,” First Abu Dhabi Bank Pjsc chief economist Simon Ballard told Bloomberg.
However, investor sentiment was boosted by a continuous global rollout of COVID-19 vaccinations. Sinovac Biotech Ltd received conditional approval from China’s National Medical Products Administration for its Coronovac offering over the weekend.
Also boosting sentiment was data suggesting that COVID-19 daily cases are declining in countries such as the U.S., France and Germany. There were also no new locally transmitted COVID-19 cases for the first time in nearly two months in China, according to data released on Monday.
On the central bank front, Federal Reserve Chairman Jerome Powell will deliver remarks during a webinar on Wednesday.
The pan-European #Stoxx 50 climbed up by 0.37% to 3,655.77. In the cash markets, the #DAX futures Germany was trading 0.03% down at 14,056.72. #CAC40 futures in France climbed up by 0.90% to 5,659.26, while the #FTSE100 futures in the U.K. fell by 0.22% to 6,489.33 ,at the time of writing.
TECHNICAL INDICATORS
#FTSE 100:-
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 42.013 6496.79 6634.90 6574.77 U=6876.3013
M=6634.9020
L=6393.5027
%k=24.2546
%d=26.5386
Comment Selling zone Price Below the moving average Price Below the moving average Price Below the moving average Price is Below UB
Price is Below MB
Price is Above LB Crossover to the Downside
Trend Bearish Bearish Bearish Bearish Bearish Bearish
Special
Notes The market is expected to move in the Negative Territory. All The Moving Averages are Above the trading price.RSI suggests the market may move in a Bearish Zone.
European Stocks Up, Boosted by Yellen Push for U.S. Stimulus Measures
The pan-European Stoxx 50 climbed up by 0.37% to 3,655.77. In the cash markets, the DAX futures Germany was trading 0.03% down at 14,056.72. CAC 40 futures in France climbed up by 0.90% to 5,659.26, while the FTSE 100 futures in the U.K. fell by 0.22% to 6,489.33 ,at the time of writing.
#TECHNICALINDICATORS
#FTSE_100_Analysis
https://www.capitalstreetfx.com/en/european-stocks-up-boosted-by-yellen-push-for-u-s-stimulus-measures/
#DaxFutures #Dax #CAC40Futures #CAC40 #FTSE100 #Stoxx50 #IndicesAnalysis
The pan-European Stoxx 50 climbed up by 0.37% to 3,655.77. In the cash markets, the DAX futures Germany was trading 0.03% down at 14,056.72. CAC 40 futures in France climbed up by 0.90% to 5,659.26, while the FTSE 100 futures in the U.K. fell by 0.22% to 6,489.33 ,at the time of writing.
#TECHNICALINDICATORS
#FTSE_100_Analysis
https://www.capitalstreetfx.com/en/european-stocks-up-boosted-by-yellen-push-for-u-s-stimulus-measures/
#DaxFutures #Dax #CAC40Futures #CAC40 #FTSE100 #Stoxx50 #IndicesAnalysis
Capital Street FX
European Stocks Up, Boosted by Yellen Push for U.S. Stimulus Measures - Capital Street FX
European stocks were up on Monday morning, starting the week with on an optimistic note after the U.S. Secretary of the Treasury Janet Yellen pushed for a U.S. stimulus package to be passed and COVID-19 trends showed improvements. Yellen said on sunday that…
European Stocks Higher; Dialog Deal Boosts Tech Sector
The pan-European Stoxx 50 climbed up by 0.27% to 3,665.51. In the cash markets, the DAX futures Germany was trading 0.02% up at 14,059.91. CAC 40 futures in France climbed up by 0.47% to 5,686.03, while the FTSE 100 futures in the U.K. rose by 0.53% to 6,523.53 ,at the time of writing.
TECHNICAL INDICATORS FTSE 100
https://www.capitalstreetfx.com/en/european-stocks-higher-dialog-deal-boosts-tech-sector/
#DaxFutures #Dax #Stoxx50 #CAC40Futures #CAC40 #FTSE100 #FTSE100Analysis
The pan-European Stoxx 50 climbed up by 0.27% to 3,665.51. In the cash markets, the DAX futures Germany was trading 0.02% up at 14,059.91. CAC 40 futures in France climbed up by 0.47% to 5,686.03, while the FTSE 100 futures in the U.K. rose by 0.53% to 6,523.53 ,at the time of writing.
TECHNICAL INDICATORS FTSE 100
https://www.capitalstreetfx.com/en/european-stocks-higher-dialog-deal-boosts-tech-sector/
#DaxFutures #Dax #Stoxx50 #CAC40Futures #CAC40 #FTSE100 #FTSE100Analysis
Capital Street FX
European Stocks Higher; Dialog Deal Boosts Tech Sector - Capital Street FX
European stock markets traded higher Monday, as optimism grows about economic recovery as vaccination campaigns continue to make progress. At 3:55 AM ET (0855 GMT), the DAX in Germany traded 0.1% higher, the CAC 40 in France rose 0.4%, and the U.K.’s FTSE…
European shares dip after strong rally, Total rises
The pan-European Stoxx 50 climbed down by 0.12% to 3,661.13. In the cash markets, the DAX futures Germany was trading down 0.34% to 14,011.80. CAC 40 futures in France climbed up by 0.10% to 5,691.54, while the FTSE 100 futures in the U.K. rose by 0.12% to 6,531.56, at the time of writing.
TECHNICAL INDICATORS - FTSE 100
Checkout the link to read full article
https://www.capitalstreetfx.com/en/european-shares-dip-after-strong-rally-total-rises/
#DaxFutures #Dax30 #Stoxx50 #CAC40Futures #CAC40 #FTSE100 #FTSE100Analysis
The pan-European Stoxx 50 climbed down by 0.12% to 3,661.13. In the cash markets, the DAX futures Germany was trading down 0.34% to 14,011.80. CAC 40 futures in France climbed up by 0.10% to 5,691.54, while the FTSE 100 futures in the U.K. rose by 0.12% to 6,531.56, at the time of writing.
TECHNICAL INDICATORS - FTSE 100
Checkout the link to read full article
https://www.capitalstreetfx.com/en/european-shares-dip-after-strong-rally-total-rises/
#DaxFutures #Dax30 #Stoxx50 #CAC40Futures #CAC40 #FTSE100 #FTSE100Analysis
Capital Street FX
European shares dip after strong rally, Total rises - Capital Street FX
European shares dipped on Tuesday as a recent rally powered by hopes of a swifter global economic recovery and vaccine roll-outs showed signs of cooling, while shares in French oil major Total rose after its earnings recovered in the fourth quarter. Total…
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it. TRADE SIGNAL AS ON 04-03-2021
#GBPAUD
SELL=1.78793
TARGET=1.78437
SL=1.79235
#NATURAL GAS
SELL=2.772
TARGET=2.747
SL=2.800
#AMAZON.COM
SELL =3001.99
TARGET=2966.38
SL=3061.55
#ETHEREUM
SELL=1562.30
TARGET=1483.65
SL=1663.50
#CAC40
BUY=5795.9
TARGET=5867.4
SL=5774.0
#GBPAUD
SELL=1.78793
TARGET=1.78437
SL=1.79235
#NATURAL GAS
SELL=2.772
TARGET=2.747
SL=2.800
#AMAZON.COM
SELL =3001.99
TARGET=2966.38
SL=3061.55
#ETHEREUM
SELL=1562.30
TARGET=1483.65
SL=1663.50
#CAC40
BUY=5795.9
TARGET=5867.4
SL=5774.0
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it.
TRADE SIGNAL AS ON 07-04-2021
#NZDCHF
SELL =0.6569
TARGET=0.6556
SL=0.6579
#BRENT CRUDE OIL FUT
SELL =62.83
TARGET=62.02
SL=63.83
#SHOPIFY INC.
BUY=1156.31
TARGET=1178.91
SL=1131.26
#BTCUSD
BUY=58232.00
TARGET=58505.15
SL=57977.04
#CAC40
BUY=6137.1
TARGET=6144.3
SL=6131.20
TRADE SIGNAL AS ON 07-04-2021
#NZDCHF
SELL =0.6569
TARGET=0.6556
SL=0.6579
#BRENT CRUDE OIL FUT
SELL =62.83
TARGET=62.02
SL=63.83
#SHOPIFY INC.
BUY=1156.31
TARGET=1178.91
SL=1131.26
#BTCUSD
BUY=58232.00
TARGET=58505.15
SL=57977.04
#CAC40
BUY=6137.1
TARGET=6144.3
SL=6131.20
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it. TRADE SIGNAL 2021-04-13
#GBPUSD
SELL = 1.3740
TARGET= 1.3640
SL= 1.3790
#Silver
SELL = 24.850
TARGET= 24.450
SL= 25.050
#TESLA.
BUY= 701.95
TARGET= 761.95
SL= 671.95
#LITECOIN USD
BUY = 251.100
TARGET= 261.100
SL= 246.100
#CAC40
BUY =6,160.50
TARGET = 6,210.50
SL= 6135.50
#GBPUSD
SELL = 1.3740
TARGET= 1.3640
SL= 1.3790
#Silver
SELL = 24.850
TARGET= 24.450
SL= 25.050
#TESLA.
BUY= 701.95
TARGET= 761.95
SL= 671.95
#LITECOIN USD
BUY = 251.100
TARGET= 261.100
SL= 246.100
#CAC40
BUY =6,160.50
TARGET = 6,210.50
SL= 6135.50