Etiqueta: DailyFX – Market News

Crude Oil Price Under the Pump in the Face of Fed, ECB and BoE Hikes. Lower WTI?

Crude oil has steadied so far today after sliding lower throughout the week after multiple rate hikes in major economies that might be offset by China coming online. Will WTI recover?

from DailyFX – Market News https://bit.ly/3l55qgt
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US Dollar Rose as Upbeat Jobless Claims Enticed Traders Before Non-Farm Payrolls

The US Dollar rallied as upbeat jobless claims data underscored a data-watching Fed ahead of the highly anticipated non-farm payrolls print. Will DXY rally?

from DailyFX – Market News https://bit.ly/3wYkjDL
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Dow Conspicuously Lags S&P 500 and Nasdaq, Dollar Rebounds Ahead of NFPs

Risk trends started to distort this past session. On the one hand, the Nasdaq 100 and S&P 500 charged higher with hopes of a robust earnings backdrop – though actual results may signal trouble. Meanwhile, the Dow closed Thursday lower and the US Dollar shirked its safe haven status with a rally. While NFPs and an ISM update settle this discrepancy?

from DailyFX – Market News https://bit.ly/3YnEYNx
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Nasdaq 100 Futures Drop After Apple Earnings Miss, Amazon and Google Mixed

The tech leaders had a remarkable day Thursday with impressive rallies from Apple, Amazon and Google – all breaking above their 200-day moving averages – into the close. That run encouraged by a broad ‘risk’ lift and the surge in Meta after its own earnings, may be in jeopardy Friday after the run of earnings afterhours.

from DailyFX – Market News https://bit.ly/3Y1R3bd
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