• 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,...
The oil market has been caught between two opposing forces. OPEC has revised down its demand expectations, citing a slowdown in the Chinese economy, which has put downward pressure on prices. However, geopolitical tensions in Ukraine and the Middle East have added to uncertainty, pushing prices higher.
Brent has surpassed $80 per barrel, influenced by conflicts...
European stocks, led by the EuroStoxx 50, could end the week in positive territory despite a volatile start marked by significant declines. The observed recovery has alleviated recession fears and stabilized the markets, although the EuroStoxx 50 remains in a consolidation phase that has lasted for four months. Recent drops in the index present a buying...
Oil prices have risen for the third consecutive day, driven by rising tensions in the Middle East and a significant decline in U.S. crude inventories. Brent crude rose to $78.39 per barrel, while West Texas Intermediate settled at $75.39. Concerns intensified after the assassination of militant leaders in the Middle East, generating speculation about possible...
The current structure of the market suggests a "buy the dip" or V-shaped recovery after the sell-offs on Friday and early Monday.
Technically, the index is at the upper end of its range, suggesting that buying pressure is firmly in place and could open the way for new gains. The targets are clear: if the upper limit of the range is broken, the 38% Fibonacci...
This morning, U.S. stock futures are rising, continuing their recovery after a sharp drop on Monday. At 04:15 ET, Dow futures were up 0.6%, S&P 500 futures (Ticker AT: USA500) were up 0.8%, and Nasdaq 100 futures (Ticker AT: USATEC) were up 1%. Wall Street rebounded yesterday after three days of losses, with the Dow Jones gaining 0.8%, the S&P 500 up 1% and the...
The index has been in a range since yesterday's rebound on its long-term uptrend line.
Range level:
- Upper boundary at 18,368 points (also represents the closing of a gap)
- Boundary below 17,771 points (level already tested yesterday evening and also representing the 50% Fibo retracement level).
A bullish exit could take the price back to last week's...
In Asian markets, Japan's Nikkei is up 10% this morning after a historic drop, while Wall Street futures also show stability. San Francisco Fed President Mary Daly calms recession fears, boosting confidence in the direction of inflation. However, investors are cautious, waiting for more signals from central banks.
The European STOXX 600 index is up 0.4% this...
Japanese Yen:
• The yen has strengthened as a safe-haven currency amid economic uncertainty.
• Foreign investors are withdrawing from Japanese markets, seeking safety in yen-denominated assets.
Nikkei 225:
• The Nikkei 225 recently fell by 5.5%, dropping 26.25% from the July highs, indicating a possible bear market.
• Contributing factors include...
Nasdaq futures yesterday fell to 1.6% in early U.S. trading. They closed lower on the weak ISM manufacturing report, increasing fears of a possible recession. Investors concerned about the country's economic health and possible moves by the Federal Reserve sent the Nasdaq Composite down -4.20% yesterday and -5.91% posting morning premarket.
Apple's results beat...
For almost a month now, the pair has lost up to 4.67% since its July 11 high. The short-term trend is clearly bearish.
However, the pair has returned to attractive price levels. The pair is now evolving within the triangle in which it has been for several days. This reintegration, after forming a low at 0.6478, could pave the way for a buying rally if buyers...
Shell reported a 19% drop in second-quarter earnings to $6.3 billion due to lower margins in refining and oil and gas marketing. Despite the decline, it beat analysts' forecasts, who had expected $6 billion. The British company also announced a $3.5 billion share buyback over the next three months and maintained its dividend at 34 cents per share. Adjusted...
The Bank of Japan (BOJ) raised interest rates to 0.25%, dismantling a decade of monetary stimulus. This adjustment, accompanied by a plan to reduce monthly bond purchases to 3 trillion yen by 2026, is due to improvements in inflation and consumer spending, supporting the BOJ's forecast of 2% annual inflation.
Simultaneously, the US Federal Reserve (Fed) concludes...
Having traded in a daily range for several weeks/months now, Germany's most famous index has seen its medium-term trend remain neutral.
However, the symmetrical triangle, a pattern much appreciated by traders, has been forming on the index for several days now, providing a clear indication of the supports and resistances offered by the price action.
At the time...
