Category: Indices

Equities, Forex, fx, Indices

Inditex’s upside momentum losing steam

The S&P 500 Futures are flat after Nasdaq 100 marked another record close yesterday. The S&P 500 Futures  are flat after Nasdaq 100 marked another record close yesterday. Later today, U.S. Consumer Price Index (flat in May expected) will be reported. The Federal Reserve is expected to keep its key interest rates unchanged. European indices are down. France’s INSEE […]

Forex, Indices

EU indices consolidate | TA focus on ArcelorMittal

European stocks report | Airbus | Wendel | ArcelorMittal | Intesa Sanpaolo… INDICESFriday, European stocks were sharply higher, with the Stoxx Europe 600 Index jumping 2.5%%. Germany’s DAX 30 surged 3.4%, the U.K.’s FTSE 100 rose 2.3% and France’s CAC 40 was up 3.7%. EUROPE ADVANCE/DECLINE74% of STOXX 600 constituents traded higher Friday.90% of the […]

Forex, Indices

FTSE dips on China import data but then turns around

Although China’s economy is to a large extent showing a recovery after the pandemic, import numbers are remaining stubbornly low. Although China’s economy is to a large extent showing a recovery after the pandemic, import numbers are remaining stubbornly low. With a large percentage of China’s imports being used in products that are eventually exported, […]

Forex, Indices

Asia Morning: US Jobs Surge Boosts Market Optimism

On Friday, U.S. stocks jumped on an unexpected surge in May jobs… On Friday, U.S. stocks jumped on an unexpected surge in May jobs. The Dow Jones Industrial Average gained 829 points (+3.2%) to 27111, the S&P 500 rose 81 points (+2.6%) to 3193 and the Nasdaq 100 increased 194 points (+2.0%) to a record high of 9824. Source: GAIN Capital, […]