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Asian Indices Hold Support on Dovish Fed Remarks: Hang Seng, Kospi, Topix Setups
Asian Indices Hold Support on Dovish Fed Remarks: Hang Seng, Kospi, Topix Setups
Mar 13, 2024
HANG SENG, KOSPI, TOPIX – Price Action:The Hang Seng Index, Kospi, and Topix have rebounded from key support despite the latest escalation in geopolitical tensions.Hang Seng has some tough hurdles to clear before the weak outlook changes.What is the outlook and the key levels to watch in select Asian indices?- Elevate your trading skills and gain a competitive edge. Get...
EUR/USD IG Client Sentiment: Our data shows traders are now net
EUR/USD IG Client Sentiment: Our data shows traders are now net
Mar 14, 2024
Number of traders net-short has decreased by 17.40% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI EUR/USD BEARISH 51.50% 48.50% 25.63% Daily27.10% Weekly -25.93% Daily-17.40% Weekly -6.08% Daily0.77% Weekly EUR/USD Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 26% -26% -6% Weekly 27% -17% 1%...
Gold Price Coils Further, Silver Hits a Multi
Gold Price Coils Further, Silver Hits a Multi
Mar 14, 2024
Gold Price Coils Further, Silver Hits a Multi-Week High Gold is seemingly putting together a bullish pennant on the daily chart, while silver looks to push further ahead after Wednesday’s break of resistance. Gold (XAU/USD) Price Analysis and Chart Gold trading on either side of $2,165/oz. but a break may be near.Silver prints a fresh three-month high.Most Read: Euro Slides...
EUR/USD Stumbles as ECB Official Calls for Two Rate Cuts Before the Summer
EUR/USD Stumbles as ECB Official Calls for Two Rate Cuts Before the Summer
Mar 14, 2024
EUR/USD News and Analysis ECB member favours multiple rate cuts ahead of the summerEUR/USD flirts with familiar zone of resistanceMore ECB speakers scheduled today as event risk quietens downThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow How to Trade EUR/USD...
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Sector Update: Financial
Sector Update: Financial
May 2, 2024
01:37 PM EDT, 05/02/2024 (MT Newswires) -- Financial stocks advanced in Thursday afternoon trading with the NYSE Financial Index rising 0.6% and the Financial Select Sector SPDR Fund (XLF) up 0.1%. The Philadelphia Housing Index climbed 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) added 1.1%. Bitcoin (BTC-USD) rose 1.5% to $59,137, and the yield for 10-year US...
Sector Update: Health Care
Sector Update: Health Care
May 2, 2024
01:38 PM EDT, 05/02/2024 (MT Newswires) -- Health care stocks were declining Thursday afternoon, with the NYSE Health Care Index shedding 0.6% and the Health Care Select Sector SPDR Fund (XLV) down 0.2%. The iShares Biotechnology ETF (IBB) rose 1.2%. In corporate news, Moderna ( MRNA ) on Thursday reported a smaller-than-expected loss for Q1, while it affirmed its full-year...
US Equity Indexes Rise as Fed Signals Rate-Hike Unlikely
US Equity Indexes Rise as Fed Signals Rate-Hike Unlikely
May 2, 2024
12:57 PM EDT, 05/02/2024 (MT Newswires) -- US equity indexes advanced Thursday as investors took solace in signals from the Federal Reserve that the next move in interest rates will unlikely be an increase. The S&P 500 rose 0.4% to 5,036.5, with the Nasdaq Composite up 0.8% to 15,723.4 and the Dow Jones Industrial Average 0.4% higher at 38,073.5 after...
US STOCKS-Wall Street gains on Fed's dovish signals
US STOCKS-Wall Street gains on Fed's dovish signals
May 2, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Qualcomm ( QCOM ) gains on upbeat Q3 forecast * DoorDash ( DASH ) slides after dour Q2 core profit forecast * Indexes up: Dow 0.48%, S&P 0.46%, Nasdaq 0.85% (Updated at 11:51 a.m. ET/1551 GMT) By Shristi Achar...
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