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Market Briefing For Wednesday, April 17
Article By:
Gene Inger
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Wednesday, April 17, 2024 4:19 AM EDT
It's still about Oil, so follow the money. There's concern of an attack on Iranian Oil loading facilities.
Israel is essentially 'saying' they're locked & loaded; may be bravado for now.
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Northern Star Resources Ltd
Article By:
Peter Mathers
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Wednesday, April 17, 2024 3:42 AM EDT
The analysis, forecast of contextual trends, and short-term outlook aim to provide readers with insights into the current market trends and how to capitalize on them effectively.
Rates Spark: Powell Pivot Makes 5% More Probable On The 10yr
Article By:
ING Economics
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Tuesday, April 16, 2024 6:45 PM EDT
As EUR rates get pressured higher from the back end, front-end pricing continues to remain relatively firm.
China’s Strong Start To 2024 Surpasses Expectations
Article By:
Finance Brokerage
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Tuesday, April 16, 2024 4:26 PM EDT
Official data reveals that the country’s gross domestic product (GDP) grew by 5.3% in the first quarter of the year, compared to the same period in the previous year.
In this article: GXC
Can Japan’s Stock Market Continue Its Record-Setting Run?
Article By:
Russell Investments
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Tuesday, April 16, 2024 4:00 PM EDT
Japan’s equity benchmark, the Nikkei 225 Index, has been on a tear in 2024, eclipsing its previous high set back in 1989. As of early April, the index is hovering near 40,000.
In this article: EWJ
FTSE Flattened, Only Two Names Left In The Green On The Day
Article By:
Patrick Munnelly
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Tuesday, April 16, 2024 1:01 PM EDT
UK equities experienced a widespread decline on Tuesday with only two stocks in the green Centrica & Croda, with the overall blue chip FTSE 100 shedding over 1.2%.
In this article: EWU
USD/JPY Price Analysis: Yen Marks 3-Decade Lows Against Dollar
Article By:
Yohay Elam
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Tuesday, April 16, 2024 12:09 PM EDT
The USD/JPY price analysis is fueled by bullish sentiment, reaching a 34-year peak amid a sour market mood.
STOXX 600 Earnings Outlook 24Q1
Article By:
Lipper Alpha Insight
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Tuesday, April 16, 2024 11:28 AM EDT
First-quarter earnings are expected to decrease 12.1% from Q1 2023. Excluding the Energy sector, earnings are expected to decrease 8.2%.
In this article: EZU
GBP/USD Analysis: Strong Selling Pressure
Article By:
Mahmoud Abdallah
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Tuesday, April 16, 2024 10:30 AM EDT
For the second week in a row, the GBP/USD pair has been completing its strong downward correction path, which has pushed it towards the 1.2425 support level, its lowest in five months.
UK Market Commentary - Tuesday, April 16
Article By:
James Harte
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Tuesday, April 16, 2024 10:14 AM EDT
The latest set of UK labour market readings, released today, was something of a mixed bag. On the one hand, wages were seen holding steady at 5.6%, above the expected 5.5%, with the claimant count coming in at 10.9k vs 17.2k expected.
In this article: FXB
EUR/USD Price Fails To Recover Amid Upbeat US Retail Sales
Article By:
Yohay Elam
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Tuesday, April 16, 2024 10:03 AM EDT
The downside pressure remains high as the DXY is bullish. The lower median line stands as a dynamic support. New false breakdowns may announce an oversold.
European Stock: Burberry Group
Article By:
Andrew Stotz
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Tuesday, April 16, 2024 9:20 AM EDT
Burberry Group PLC is a United Kingdom-based global luxury goods manufacturer, retailer, and wholesaler.
Tuesday Talk: Money And War Go Together Like...
Article By:
David Marshall
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Tuesday, April 16, 2024 9:03 AM EDT
I'll let you complete the headline, each to one's own worldview; but the stock market is getting off easy blaming the Middle East for its current correction rather than its own excesses.