Daily Market Outlook, February 2, 2023
Daily Market Outlook, February 2, 2023 A FED Plateau, Markets Pivot To ECB & BoEUS equity and treasury markets surged, as the FOMC delivered an expected 25bps rate move, the smallest increase since last March, while The Fed Chair maintained the stance that further hikes were likely, markets sensed that there is an impending plateau in […]
Dallas Fed January service sector outlook -15.0 vs -19.8 prior
> Dallas Fed January service sector outlook -15.0 vs -19.8 prior Data from the Federal Reserve Bank of Dallas Adam Button Tuesday, 31/01/2023 | 15:31 GMT-0 31/01/2023 | 15:31 GMT-0 Prior was -19.8 Revenue index vs -0.6 prior ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING […]
Daily Market Outlook, January 31, 2023
Daily Market Outlook, January 31, 2023 Nasdaq Back At Five Week Lows, Global Stocks Still Set For First Jan Gains Since 2020Jitters on Wall Street ahead of Wednesday’s FOMC rate decision and Chair Powell’s press conference saw investors paring risk positions, with Tesla giving back over 6% of recent gains, this led to the Nasdaq retreating […]
Daily Market Outlook, January 30, 2023
Daily Market Outlook, January 30, 2023 Central Bank Decisions To Dominate The Data Docket For the WeekAsian markets have started the week with a mixed tone as investors prepare for major central bank decisions from the US, Europe and the UK. The paring in risk appetite comes against a backdrop that has been broadly constructive for […]
USA100 Burdened by a Gloomy Outlook
USA100, Daily A flurry of economic reports had mixed but little net impact on the markets which continue to position for the upcoming FOMC meeting as well as digest earnings news. Stronger than forecast Q4 GDP and a further decline in jobless claims were offset by a disappointing news on durables and home sales, even […]
Future Outlook: Technical Trends for the Week of January 30 – February 3, 2023
While many anticipated reports will come out this week, we have several to focus on in the days ahead. Here’s a breakdown of the week ahead. E-Mini Dow Futures Weekly Chart After the fourth quarter rally off the lows in October, the Dow seems to be in consolidation mode. The Fibonacci retracement levels from that […]
HFM’s Outlook 2023: US Oil
Outlook for USOIL– 2023 Outlook The price of crude oil usually fluctuates based on seasonal demand and supply as well as world events. From the global pandemic that has been going on for more than two years to the war that started in early 2022, two events that were never thought of, fluctuations have caused […]
Daily Market Outlook, January 27, 2023
Daily Market Outlook, January 27, 2023 Tesla Leads The Charge, Asian Markets Follow Wall Street’s Lead HigherAsian markets are set to end the week in the green taking their lead from robust trade on Wall Street, led by tech darling Tesla that ended the day higher by nearly 11% taking the Nasdaq higher by 2%European investors […]
Bullish bets on Asian FX as easing of China COVID curbs boosts outlook
© Reuters. FILE PHOTO: Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration By Tejaswi Marthi (Reuters) – Bullish bets on the Singapore dollar and the Malaysian ringgit further consolidated to scale five-year highs as a fizzling U.S. dollar rally and China’s pivot from its strict COVID-19 curbs boosted […]
Daily Market Outlook, January 26, 2023
Daily Market Outlook, January 26, 2023 Asian Markets Back Online & In Buoyant Spirits With Hong Kong Scaling 7 Month HighsAsian markets are trading with a mixed tone, the standout exception is the Hong Kong market which has opened with a strong risk on posture, as the Hang Seng printed fresh seven month highs. The handover […]