GER30 Extends its 2 Year Lows Amidst Hawkish CB-Talk & Recession Fears
The German index extends is losses to new two year lows, as central banks offer hawkish commentary, sustaining market apprehension over an economic downturn
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The German index extends is losses to new two year lows, as central banks offer hawkish commentary, sustaining market apprehension over an economic downturn
As the real risk-free yield increased, investors' required rate of return has followed suit. This mechanism has weighed heavily on the US30, as its present value adjusted downwards in response.
Last week’s historic rate hike by the Fed and hawkish projections, caused Wall Street to plunge and US30 to hit nearly two year lows
The NAS100 is sensitive to interest rate movements due to the time value of money. As such, tomorrow's Fed hike is creating headwinds.
Germany’s Producer Price Index surged to the highest levels ever in August as today’s data showed, following recent elevated Consumer prices, in the aftermath of the ECBs aggressive rate hike
The CPI surprise yesterday led to a 3.9% decline in the US30. This plunge puts the index back in its bear zone between the lower blue and red bands. Moreover, the daily stochastic is rolling over (green rectangle). If it drops below 20 and holds (red arrow), a strong bearish momentum will be underlying.
NAS100 plunged on Tuesday after the inflation report that bolstered expectations for another jumbo rate hike by the Federal Reserve, but manages to find support today
How to trade the NASDAQ 100: Everything you need to know The NASDAQ 100 (NAS100) stock index is one of the largest and most famous in the world. Hosting the US businesses with largest capitalisations and growth prospects, including the likes of Apple, Microsoft and Alphabet, the NASDAQ 100 is naturally a gauge of sentiment within the US technology sector and growth stocks in general. If you're a would-be investor…
The German index covers earlier losses but cannot benefit from better than expected GDP figures from Eurozone, as markets brace for Thursday’s interest rate decision by the European Central Bank
ISM Services came in at its highest level in four months. It printed at 56.9, topping the forecast of 55.4. This beat is a good number, considering the US economy's headwinds - a number over 50 suggests expansion.
Lizz Truss is the 56th British prime minister. She beat rival Rishi Sunak, the former chancellor, pledging to tackle the UK's energy crisis. A £100 billion package is being considered to freeze rising energy bills. She has also pledged to cut taxes.
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