S&P 500, Nasdaq 100, Dow Forecasts: Bears Drive into Key Supports
Bears have made a re-appearance around the Q2 open and equities have already re-engaged with some key support levels while erasing a chunk of that post-FOMC ramp.
Bears have made a re-appearance around the Q2 open and equities have already re-engaged with some key support levels while erasing a chunk of that post-FOMC ramp.
U.S. stocks turn in a mixed performance at the start of the week as rising U.S. Treasury yields limit appetite for risk assets ahead of key corporate earnings in the coming days.
Inflation data and the fight against record high inflation rates are in focus this week.
WTI prices rise on Monday following news that Libya has temporarily suspended production at its largest oilfield and reports that the EU is drawing up a plan to ban Russian petroleum imports.
US equity benchmarks trended lower to start the week on thinner than average trading volumes.
The Euro is under pressure today in the aftermath of US CPI and ongoing Ukraine war worries ahead of the ECB. Will EUR/USD break lower?
The first quarter was quite eventful for Wall Street, but the war in Eastern Europe was clearly a standout. Geopolitical tensions rattled financial markets, weighed on equities, and sparked a commo…
The Australian Dollar may react to today’s trade data out of China where a Covid outbreak is ongoing. APAC traders are also weighing the chance for a 50-basis point rate hike from the RBNZ today.