Market Spotlight: Computacenter Shares Jump on Profit Guidance
Better 2022 Results Shares in UK listed Computacenter, Europe’s chief independent provider of IT infrastructure services, are up over 7% today. The move comes in response to updated from the company today with 2022 results now projected to be better than initially expected. Total revenues over last year were seen 30% above the company’s own […]
Market Spotlight: Natural Gas Sinks to 21-Month Low
Nat Gas Prices Fall Further Natural Gas prices are continuing to fall this week with Nat Gas futures seen hitting their lowest level since early 2021 on Monday. Prices are now down over 40% YTD while the broader decline from last year’s highs is now around 74%. This is good news for the global economy, […]
Market nervous before huge week of earnings and Fed announcement
Here is what you need to know on Monday, January 30: Markets are pretty quiet this morning as we have a lot to get through this week. Overnight, equities in Asia were weak as risk-off was the main theme. The Hang Seng closed down nearly 3%, while the Nikkei was flat. No surprise here given we […]
Dollar flat as market braces for central bank decisions later in the week By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar was up modestly in early trading in Europe on Monday, at the start of a key week for central bank meetings on both sides of the Atlantic. By 03:00 ET (08:00 GMT), the , which tracks the greenback against a basket of six advanced economy currencies, […]
Market Update – January 30 – Mega Central banks, OPEC, NFP & Earnings week
Trading Leveraged Products is risky China Stock market returns from Luna New Year break. Chinese stocks rose while most other Asian equities fell as investors looked to interest rate decisions scheduled this week in the US, UK and Europe and busy earnings agenda. Nikkei ended at a more than 1-month high today. Global Stocks excluding […]
AUD/USD extends recovery above 0.7100 despite caution stems in market mood
AUD/USD has scaled to near 0.7115 after a recovery move despite solidifying cautionary market mood. The Fed might hike interest rates by 25 bps and keep them steady at 4.75-5.00% for the remaining year. Australian monthly Retail Sales are expected to display de-growth by 0.3%. The AUD/USD pair has accelerated to near 0.7115 after rebounding from […]
ForexLive European FX news wrap: Dollar steady amid tentative market mood
Headlines: Markets: JPY leads, GBP lags on the day European equities little changed; S&P 500 futures down 0.3% US 10-year yields up 5 bps to 3.551% Gold flat at $1,928.30 WTI crude up 1.5% to $82.19 Bitcoin down 0.6% to $22,927 It was another quiet session in Europe, with not much in terms of data […]
U.S. Debt Ceiling and Forex Market: Insights for Potential Q1 Gains
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Market Spotlight: Is Bitcoin Beginning A Fresh Bull Run?
Risk Markets Holding Up Ahead of FedDespite some nervousness in markets on the back of a gloomy outlook from Intel yesterday, tech assets appear to be holding up today ahead of the US open. Indeed, despite some intra-day volatility yesterday, the NASDAQ rebounded to end the day higher. Looking across the risk markets, crypt assets […]
Market Spotlight: Tesla & US Core PCE
Risk Rallies on GDP Beat – PCE Up NextOn the back of better-than-forecast advanced Q4 GDP yesterday, traders are now looking to today’s US core PCE data to provide the final insight ahead of the FOMC next week. Given that the PCE data is the Fed’s preferred gauge of inflation, over CPI, the data is […]