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%.
The report presents a summary of all upcoming and recent fundamental events as well as technical analysis for the major markets.
Daily Market Report as on 9th February 2021
Checkout Our Market Report of the day and prepare yourself to cash the potential market moves.
https://www.capitalstreetfx.com/en/technical_analysis/technical-analysis-report-09-february-2021/
#MarketReport #DailyMarketReport #TradeAnalysis #EuroZone #CommodityMarketReport #StockMarketReport #CryptoCurrencyMarketReport #ForexMarketReport #TradeSignals #TradeSuggestions
Daily Market Report as on 9th February 2021
Checkout Our Market Report of the day and prepare yourself to cash the potential market moves.
https://www.capitalstreetfx.com/en/technical_analysis/technical-analysis-report-09-february-2021/
#MarketReport #DailyMarketReport #TradeAnalysis #EuroZone #CommodityMarketReport #StockMarketReport #CryptoCurrencyMarketReport #ForexMarketReport #TradeSignals #TradeSuggestions
What has changed for the market while you were sleeping?
Key Highlights
#Marketreport - 24th March 2021
In the Forex market, GBPUSD down 0.24% at 1.37124. The USDJPY down 0.06% at 108.503. The USDCHF up 0.05% at 0.93448. EURUSD down 0.05% at 1.18420, EUR/GBP up 0.31% at 0.86353. The USD/CNY up 0.14% at 6.5254, at the time of writing.
In the Cryptocurrency Markets, BTCUSD at 53766.76 down 1.09%, Ethereum at 1662.92 down 0.43%, Litecoin at 190.00 up 2.11%, at the time of writing.
#EconomicNews
US: The U.S. Treasury said on Tuesday it would issue further guidance on a contested provision in President Joe Biden’s $1.9 trillion coronavirus relief package that prohibits states from using stimulus money to replace revenue lost to tax cuts.
Brussels will consider whether to grant full access, known as equivalence, once it has agreed a memorandum of understanding with Britain on a new forum for cooperating on financial rules, an agreement that is due by the end of March.
#Eurozone: The City of London may be better off staying out of the EU’s financial services market as it would have to sacrifice autonomy over setting rules to win full access, a report by Britain’s upper house of parliament said on Wednesday.
The European Union has yet to grant Britain direct financial market access after it left the bloc on Dec. 31 and large amounts of trading in stocks and derivatives denominated in euros has shifted to Amsterdam from London.
Important Data
Important Data: UK CPI (YoY) (Feb) today at 3:00 this time estimated 0.8%, previously which was 0.7%.
UK Services PMI (Mar) today at 5:30 previously which was 49.5.
US Core Durable Goods Orders (MoM) (Feb) today at 8:30 this time estimated 0.6%, previously which was 1.3%.
US Crude Oil Inventories today at 10:30 previously which was 2.396M.
Top mover Stocks
NETFLIX Inc. up 2.29% at $535.09,
GAP Inc. down 7.715% at $27.87,
INTEL Corp. down 3.276% at $63.48,
DOW Inc. down 4.346% at $60.75,
BOEING Co. down 3.973% at $241.25,
GOLDMAN SACHS at 2.228% at $331.77,
HONEYWELL Inter. down 1.669% at $208.59,
JP MORGAN Chase down 1.0% at $149.46.
#TradeSignals #Technical Summary
FTSE100 - TRADE SUGGESTION- SELL AT 6666.6 TAKE PROFIT AT 6628.8 AND STOP LOSS AT 6698.1
GOLD - TRADE SUGGESTION- SELL AT 1729.74, TAKE PROFIT AT 1723.24 AND STOP AT 1739.21
BTCUSD - TRADE SUGGESTION- SELL AT 55424 TAKE PROFIT AT 53707 AND STOP AT 56590
Click on the below link to read full report.
https://www.capitalstreetfx.com/en/technicalanalysis/technical-analysis-report-24-march-2021/
Key Highlights
#Marketreport - 24th March 2021
In the Forex market, GBPUSD down 0.24% at 1.37124. The USDJPY down 0.06% at 108.503. The USDCHF up 0.05% at 0.93448. EURUSD down 0.05% at 1.18420, EUR/GBP up 0.31% at 0.86353. The USD/CNY up 0.14% at 6.5254, at the time of writing.
In the Cryptocurrency Markets, BTCUSD at 53766.76 down 1.09%, Ethereum at 1662.92 down 0.43%, Litecoin at 190.00 up 2.11%, at the time of writing.
#EconomicNews
US: The U.S. Treasury said on Tuesday it would issue further guidance on a contested provision in President Joe Biden’s $1.9 trillion coronavirus relief package that prohibits states from using stimulus money to replace revenue lost to tax cuts.
Brussels will consider whether to grant full access, known as equivalence, once it has agreed a memorandum of understanding with Britain on a new forum for cooperating on financial rules, an agreement that is due by the end of March.
#Eurozone: The City of London may be better off staying out of the EU’s financial services market as it would have to sacrifice autonomy over setting rules to win full access, a report by Britain’s upper house of parliament said on Wednesday.
The European Union has yet to grant Britain direct financial market access after it left the bloc on Dec. 31 and large amounts of trading in stocks and derivatives denominated in euros has shifted to Amsterdam from London.
Important Data
Important Data: UK CPI (YoY) (Feb) today at 3:00 this time estimated 0.8%, previously which was 0.7%.
UK Services PMI (Mar) today at 5:30 previously which was 49.5.
US Core Durable Goods Orders (MoM) (Feb) today at 8:30 this time estimated 0.6%, previously which was 1.3%.
US Crude Oil Inventories today at 10:30 previously which was 2.396M.
Top mover Stocks
NETFLIX Inc. up 2.29% at $535.09,
GAP Inc. down 7.715% at $27.87,
INTEL Corp. down 3.276% at $63.48,
DOW Inc. down 4.346% at $60.75,
BOEING Co. down 3.973% at $241.25,
GOLDMAN SACHS at 2.228% at $331.77,
HONEYWELL Inter. down 1.669% at $208.59,
JP MORGAN Chase down 1.0% at $149.46.
#TradeSignals #Technical Summary
FTSE100 - TRADE SUGGESTION- SELL AT 6666.6 TAKE PROFIT AT 6628.8 AND STOP LOSS AT 6698.1
GOLD - TRADE SUGGESTION- SELL AT 1729.74, TAKE PROFIT AT 1723.24 AND STOP AT 1739.21
BTCUSD - TRADE SUGGESTION- SELL AT 55424 TAKE PROFIT AT 53707 AND STOP AT 56590
Click on the below link to read full report.
https://www.capitalstreetfx.com/en/technicalanalysis/technical-analysis-report-24-march-2021/
CFDs|Commodities | Stocks | Forex Trading | Broker |Capital Street FX
Technical Analysis Report – 24 March 2021 | Capital Street Fx
Technical Analysis of the Financial Markets, Technical Analysis is the art of forecasting future price movement.