Recently, for the first time in two decades, the euro reached parity with the US dollar…
European stocks traded slightly lower on Friday afternoon
Information is not investment advice
Ichimoku Kinko Hyo
NZD/JPY: The NZD/JPY pair is trading within the cloud. A failed attempt to move higher will push the market to exit the Kumo, confirming a bearish scenario.
US Market View
Stocks futures ticked lower this Friday morning, following a tech-led trading in the previous session. Nasdaq closed out the regular session at yet another record high.
European stocks traded slightly lower on Friday afternoon as investors focused on disappointing economic data and the geopolitical tensions.
In the United States the new cases amounted at 44.000 on Thursday making more than 10% drop in the seven-day average of daily new cases compared with the previous week.
US Key Point
- Stocks futures ticked lower this Friday morning.
- European stocks traded slightly lower on Friday afternoon.
- In the U.S. 44.000 new cases amounted on Thursday
The second earnings season of 2022 has almost begun. From banks and tech stocks to cars and the retail sector: in this outlook, we covered the most promising releases of this summer and made several projections on the companies’ prospects.
The stock market has reversed, and now it’s going lower and lower…
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates? Recall that the Federal Open Market Committee had previously ended the year 2022 with a 50bps hike, and an indication from Powell, the committee chairman, that the Fed could consider raising interest rates by 75bps in the course of the year 2023.