TAG: CN50
Trade Of The Week: CN50 flirts with critical resistance
CN50 up over 5% YTD Prices bullish on D1 charts Watch out for Big China bank earnings Key level of interest at 12250 Major breakout on horizon? If you are seeking fresh market opportunities, then look no further! FXTM’s CN50 index, which tracks the benc...
6 months ago
Week Ahead: Time for stock index "slowpokes" to catch up?
REMINDER: 11 of FXTM’s 18 stock indices have reached their respective record highs so far in 2024. However, upon closer inspection, not all stock indices are created equal. First, there are the outperformers: US500: up 9% year-to-date EU50: +10....
6 months ago
Markets rally on China stimulus cheer
FXTM Asian stock indices rally CN50 ↑ 6% on “risk-on” mood Oil benchmarks soar ↑ +2% AUDUSD hits fresh 2024 highs Bloomberg FX model – 74% - (0.6757 – 0.6933) China has hijacked the headlines after its central bank unleashed a wave of stimulus measures...
3 weeks ago