Market Overview - Page 116

US 10-year bond yields fell last week, retreating from the 3.2% mark. This is one of the most critical levels of the debt market during the previous ten years, so investors and traders should pay increased attention to further developments..

US stock markets closed last Friday with a substantial and widespread gain. Do we see a dead cat bounce or the beginning of a recovery? So far, there are more reasons to suspect the former. The CNN Fear & Greed.

A sell-off in the equity market and a new wave of flight to the dollar on Thursday provided the perfect combination to knock out gold, which slipped to $1810 in thin trading on Friday morning, falling to its lowest level.

Crude oil must balance between a strengthening dollar and stock market pressure on the one hand and the problematic energy supply situation on the world markets on the other. In our opinion, this delicate equilibrium has the potential to break.

The dollar got a fresh boost, with stocks coming under renewed pressure after a new batch of US inflation data. The US consumer price index rose 0.3% in April after 1.2% a month earlier. The annual inflation rate slowed from.

Gold dipped to $1832 on Wednesday morning, pulling back to a critical support line in the form of the 200-day moving average, losing more than 11% from the peak levels reached in early March. Gold has been under systematic pressure.

Economic Sentiment in Germany rose unexpectedly, according to the latest May assessment. The corresponding ZEW indicator rose to -34.3 in May from -41.0 a month earlier, against expectations of a dip to -43.0. Meanwhile, the current assessment of the economic.

The S&P500 index lost about 3.2% Monday, closing below 4,000, a significant round level. The performance of S&P futures on Tuesday morning is feeding us with cautious optimism, pointing to buyers’ dominance at the start of trading in Europe. The.

Brent crude is back below $110/bbl, losing 2% since the start of the day on Monday. At the beginning of May, oil largely remained within the trends of previous months. There are still accumulating risks that oil will break down.

In April, the US labour market maintained its impressive growth rate with 428K new jobs. This is higher than the expected 390K and in line with the increase a month earlier. The current employment rate was 1.2 million below its.

The dollar index renewed its highs in almost 20 years, surpassing 104, as crucial US currency rivals one by one lost buyer support. Suddenly the dollar was a safe haven of last resort. In 2018 and 2020, the dollar was.

GBPUSD collapsed to 1.2380 by 2% or more than 230 pips from the start of the day on Thursday, with pressure intensifying after the Bank of England’s bank rate decision announcement. As analysts had expected, the Bank of England raised.