The Post-ECB Turnaround of GER30 Brings it to Critical Technical Hurdles
The German index has staged a solid recovery after the ECB’s rate pause, testing critical resistances, amidst prospects of further economic pain
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The German index has staged a solid recovery after the ECB’s rate pause, testing critical resistances, amidst prospects of further economic pain
The pair found renewed vigor last week as Fed Chair Powell firmed up his rhetoric and now eyes levels not seen since 1990, with Tuesday’s US CPI inflation looming
The index could not take advantage of Disney’s post-earnings surge and dropped on Thursday as Fed Chair Powell appeared more hawkish in his latest remarks
GBP/USD slumped on Thursday as Fed Chair Powell firmed up his rhetoric and heads towards a losing week, but steadies today as the UK economy avoids a Q3 contraction according to preliminary data
ETH/USD surged to new 2023 highs after an SEC filing pointed to Balckrock’s plans to offer an Ethereum exchange-traded fund (ETF)
Watch today’s US Open for insights on the encouraging results by entertainment giant Disney, Samsung’s generative AI step up, China’s deflationary pressures and more
The troubled entertainment giant added subscribers to its streaming services for the first time this year, its operating profits widened and announced additional cost cuts, in overall encouraging results
HKG33 extends this week’s slide after today’s data showed an escalation in China’s deflationary pressures, on both the consumer and the producer sides
The Korean tech giant unveiled today its generative artificial intelligence model called Gauss, which could make it into its smartphones, as rival Apple has offered no concrete AI plans
The pair drops after its best week of the year, as the first hike since June by the Australian central bank was accompanied by a softer messaging around future moves
The sports-utility EV start-up posted strong quarterly results on Tuesday and raised its production guidance, againts broader weak demand that has weighed on other manufacturers such as Tesla
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