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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.

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#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/
Asian Stocks Rise, Follow U.S. Lead After Volatile Day

Asia Pacific stocks trended higher Friday morning, following the lead of U.S. markets that on Thursday reversed some heavy losses from a day earlier with online trading platforms taking steps to limit unprecedented and speculative volatility in a handful of stocks.

Mainland Chinese stocks were down by the early morning. The Shanghai Composite was down by 0.74% to 3,479.02. Hong Kong’s Hang Seng Index was down about 0.87% to 28,314.00.

Japan’s benchmark Nikkei average. Nikkei 225 is trading down 1.89 per cent at 27,663.50 on Friday, while the broader TOPIX 100 fell 1.66 per cent to 1,169.80. South Korea’s Kospi was down by 3.03% to 2976.73.

#ShanghaiComposite #Nikkei #HangSeng #Topix #Kospi #Index #FundamentalAnalysis #TradeAnalysis

Checkout Nikkei 225 Technical Analysis
https://www.capitalstreetfx.com/en/asian-stocks-rise-follow-u-s-lead-after-volatile-day/
AMAZON TO START OFFERING INSURANCE TO UK BUSINESSES

Amazon.com Inc (NASDAQ:AMZN) is trading up 0.28% at 3425.52

On technical fronts Amazon.com Inc (NASDAQ:AMZN) RSI stood at 51.08 and currently stock is trading below all MA. So, SELL position can be taken with following target and stop-loss:

TRADE SIGNAL – : Amazon.com Inc (NASDAQ:AMZN) – SELL : 3425.52, TARGET: 3393.24, STOP LOSS : 3457.30

https://www.capitalstreetfx.com/en/amazon-to-start-offering-insurance-to-uk-businesses/
#TradeSignal #Tradeforecat #StockAnalysis #Indices #Index #Amazon #UK