-
The indices on Wall Street opened today with little change, and for the first few hours of the cash session, changes fluctuated around zero. However, in the second half of the session, the bulls took control, and the indices ended the day slightly positive.
-
US500 gains 0.45% to 5070 points, and US100 gains 0.60% to 17580 points.
-
Indices in Europe also experienced mostly positive sessions. Market volatility has decreased following yesterday's Fed announcement.
-
In the Forex market, we're observing declines in the dollar, despite the USD having a strong start to the day. The dollar index is currently down 0.15%. Among the strongest currencies are JPY, AUD, and CHF.
-
US bond yields are declining, with 10-year yields dropping to 4.58% and 2-year yields dropping to 4.98%.
-
Today, after the closing of the stock exchange on Wall Street, financial results for the first quarter of the year will be presented by Apple (AAPL.US), Coinbase (COIN.US), and Booking (BKNG.US).
-
Unemployment claims are roughly in line with expectations. Currently: 208k. Expected: 211k vs. 207k previously. The dollar slightly strengthened against the euro following the readings.
-
The Challenger report showed that the US job market is doing very well. The metric fell year-over-year by 3.3% compared to the last reading indicating a 0.7% increase year-over-year. These data, along with yesterday's higher ADP reading, may indicate a stronger NFP reading tomorrow at 2:30 PM.
-
The GDP reading of Hong Kong, a special administrative region of China, indicated 2.3% compared to 0.9% forecasts and 0.4% previously on a monthly basis. Year-over-year, GDP increased by 2.7% compared to 0.8% estimates and 4.3% previously.
-
Factory production in the Eurozone is declining at its slowest pace in a year, confidence is rising, but the decline in new orders is accelerating. At the moment, there is still no optimistic rebound in industrial momentum, which is struggling on the continent.
- Germany: 42.5 Previously: 42.2
- Eurozone: 45.7 Previously: 45.6
- France: 45.3 Previously: 44.9
- Italy: 47.3 Previously: 50.4
- Switzerland: 41.4 Previously: 45.5
- Spain: 52.2 Previously: 51
-
In the cryptocurrency market, we're also seeing gains following dynamic declines below the $60,000 zone in recent days. Bitcoin gains 1.33% to $59,000. Greater gains are observed in the Altcoin market, and Ethereum is struggling to return above $3,000.
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
