European Market

The UK index heads towards a losing week and is in risk of new 2023 lows, as the latest inflation and employment reports keep the central bank on its tightening path

Even though EUSTX50's primary trend is up, the intermediate trend does show signs of slowing.

After the latest round of monetary policy decisions, uncertainty is prevalent, as most central banks have kept all options in play in regards to their next steps

Last week I wrote how the GER30 was setting up to tackle its overhead resistance once again. The 16,300-16,400 levels were hit four times since mid-November 2021 and each time price was repelled. However, this time there are signs that the bulls may overpower the key level.

The German Index hit fresh all-time highs after the European Central Bank hiked rates on Thursday, as Ms Lagarde opened the door to a pause, in a dovish press conference

The GER30 is preparing to attack overhead resistance.

Headline inflation decelerated sharply in June, as today’s data showed, but remains far from the 2% target and along with high wages continues to pose a challenge for the Bank of England

GER30 Technical Analysis - 17 July 2023

Take a look at some corporations that will be on our radar over the coming months, as the third quarter gets underway, amidst market optimism. These include tech giants Apple, chip maker Nvidia and more

GER30 short-term analysis - 27 June 2023

Take a look at some corporations that will be on our radar over the coming months, as the third quarter and the new earnings season get underway, amidst market optimism. These include EV leader Tesla, streaming giant Netflix and more