The DAX 40, which fell by 0.97 %, reflects the tension in various sectors of the German economy, not just the automotive sector. In addition to Volkswagen, other companies in the technology and manufacturing sectors are also under pressure. The TecDAX, which groups the main technology firms, fell by 1.50 %, affected by the fall of Infineon Technologies, whose...
The price of cocoa has risen 130% this year, making it the most revalued commodity, surpassing even copper. There are two times of the year when cocoa is harvested, and poor rains and crop diseases have dented the crop in Côte d'Ivoire and Ghana, responsible for more than half of the world's cocoa supply, pushing prices higher.
The latest estimates from the...
Elon Musk's companies, X (formerly Twitter), Starlink and Tesla, are in the spotlight on Wall Street, impacting risk perception and market volatility. X faces blockades in Brazil after refusing to remove profiles linked to the far right, which has led to regulatory tensions that extend to Starlink, whose satellite internet service has been affected by the blocking...
Today, Brent crude oil prices rise on growing supply concerns in the Middle East, especially in Libya and Iraq. Brent futures for October delivery are up 0.5%, trading at $80.33 per barrel, while the November contract is up 0.4% at $79.16. The chart shows the current checkpoint (POC) around $83, with the RSI at 50.03%, signaling balance and possible moves towards...
Money funds have reached an all-time high of $6.24 trillion in assets, evidencing investor caution in the face of an uncertain economic environment. Despite recommendations to rotate into longer duration bonds due to impending interest rate cuts by the Federal Reserve, many investors and companies are keeping their capital in money market funds for safety, with...
Today, Wednesday, investors are watching two key events that could influence the financial markets: Nvidia's (NASDAQ: NVDA) results and Bitcoin (BTC) volatility.
1. Nvidia's results: Nvidia will release its financial results today, with expectations of exceeding $28 billion in revenue. The company is crucial in the semiconductor sector, with its technology...
The Madrid Stock Exchange has recently stood out as the most bullish in Europe in 2024, with the IBEX 35 up 11.5% so far this year. This growth has been driven by expectations of global interest rate cuts and optimism around corporate earnings, especially in the United States. Shares of Spanish companies such as Iberdrola and Inditex have reached record highs,...
After closing the session on Monday 26.08 up 1.13%, the share is now on a key level.
What's more, the downtrend line was broken yesterday.
The 63 level, which has acted as resistance for several sessions now, is once again under attack by investors. This level is also the one most traded by investors since the April-August period, with a POC of volume present on...
The index is just a few points of its all-time high after a 3-week bull rally following the sell-off between August 1 and 5.
With a high of 41,409 and a current price of 41,231, this afternoon's US session could be decisive for the index.
In this last week of August, the US industrial index could pave the way for a new record high before heading into September,...
Today, Asian stock markets presented mixed results, driven by expectations of lower interest rates in the United States, with a strong emphasis on the Japanese market, where the Nikkei 225 and also the TOPIX fell by almost 1%. This decline was mainly due to the strength of the yen, which negatively affected export and technology stocks. The pressure on the Nikkei...
The Ibex 35 has started the week strongly, rising 0.7% and reaching 11,150 points, consolidating its position as the most bullish index in Europe in 2024 with a year-to-date increase of 10.45%. Surpassing 11,000 points reinforces the bullish trend of the Spanish market, and today it has broken 11,150 points. The RSI is oversold at 63.15%, and the checkpoint (POC)...
USD/JPY could experience volatility due to recent developments in Japan. Japanese stock markets rallied following a positive PMI in the services sector, indicating sustained growth and supporting the possibility that the Bank of Japan will raise interest rates. This prospect of tighter monetary policy could strengthen the yen against the dollar. However, weakness...
European markets have opened with signs of stability on Wednesday, with investors attentive to the minutes of the latest US Federal Reserve meeting, which could offer key signals on future monetary policies. EUR/USD has shown some caution on the day, although it broke out of its sideways range yesterday, pushing towards the yearly highs of 1.1390, reflecting...
• Capital Inflows: More than $16 billion has flowed into the S&P 500 this month, reversing a recent trend of risk aversion.
• Economic Data: Stability in the producer price index (PPI) and a consumer price index (CPI) in line with expectations have boosted investor confidence.
• Inflation and Rates: Positive macroeconomic data has eased fears of prolonged...
Chinese and U.S. delegations have met in Shanghai for the fifth session of the joint financial working group, addressing key issues such as monetary policy and the resilience of financial institutions. In parallel, Asian stocks have rallied and the dollar has weakened, buoyed by hopes that the U.S. economy will avoid a recession and expectations of interest rate...
• European Stock Exchange: EuroStoxx50 is up 0.4% at the open, and is considered to have failed to reach its optimal buy point of 4,400 points. Meanwhile, the IBEX35 has stagnated at 0.1%. European indices as a whole have advanced +2.5% since Monday.
• Debt market: The US 10-year bond is at 3.9% and the German 10-year bond is above 2.25%, while Spanish bonds...
U.S. and European stock markets have staged a significant rebound on Wednesday, with gains between 3% and 6% from the lows of “panic Monday” in early August. The Nasdaq 100 has led the gains on Wall Street, up 6.5%, while the S&P 500 is up 5.1%. However, both indexes continue to show losses so far this month. Slowing inflation has bolstered bets for a September...
Investors have been focused on July inflation data. The headline rate has been expected to remain at 3.0% and the core rate to rise to 3.2%. Despite a difficult start to August, the bull market in stocks has been able to continue. The possibility that the Federal Reserve will cut interest rates next month, coupled with recent lower-than-expected inflation data,...
