Market overview Futures on the SP500 add 1% before the start of the New York trading session after rising 1.4% on Friday. Positive dynamics are provided by optimism on a new package of measures to support small and medium-sized businesses and BoJ easing policy. VIX index develops decline. DAX adds 2.5%, CAC40 + 2%, FTSE100 + 1.6%.
DXY stabilized below 100 after a sharp reversal on Friday. USD retreats to all major currencies except the especially affected TRY and protective CHF. Foreign exchange market volatility is declining, returning to normal levels.
Gold is trading near $ 1720, refraining from further growth—attention to the area of 8-year highs at $ 1740.
Brent loses 8% today to $ 22.9 in the spot market and below $20 in June futures, which will be expired this week.
Important events, GMT (Exp.): 10:00 UK !! CBI Realized Sales (Apr, -45) 12:00 US !! Goods Trade Balance (Mar, -55B) 14:00 US !!! CB Consumer Confidence (Apr, 90.1)
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
This website uses cookies
