(AI Video Summary) The Nikkei 225 The Nikkei 225, a stock index in Japan, is close to breaking its all-time high record. Additionally, the European markets, represented by the German DAX and the French CAC, are expected to start strong with record levels....
7 months agoAsia Open The Asian session was off to a mixed start, with Nikkei -0.44%, ASX -0.13% and KOSPI +0.19% at the time of writing. Appetite for risk-taking remains weak, with Federal Reserve (Fed) Chair Jerome Powell validating a later timeline for rate cuts,...
5 months agoThe Bank of Japan meets on Friday, 14th of June, 2024. We preview what to expect from the BOJ decision and how it might impact the USD/JPY and Nikkei 225.Will the BOJ set the stage for a July hike?Swaps markets suggest that the Bank of Japan will keep pol...
2 months agoFTSE 100 breakout continues The end of last week saw the FTSE 100 index stage an impressive breakout from the range that had dominated since the end of May. The price smashed through the 50-day simple moving average (SMA), and rallied to a two-mont...
2 months agoAsia Open The Asian session looks set for a weak start, with Nikkei -1.14%, ASX +0.26% and KOSPI -0.15%. This follows after a mixed handover in Wall Street, which saw further unwinding in big tech as sky-high earnings expectations are met with some doubts...
2 months agoFTSE 100 at two-month high The FTSE 100 price has enjoyed a strong week, with further gains yesterday taking it to a two-month high after it broke higher at the end of last week. The record high is in sight once more, and the uptrend is firmly in pl...
2 months agoNASDAQ 100 rout intensifies At one point this morning the NASDAQ 100 was expected to open 1000 points lower in the cash session. The index has gapped lower, and is now trading below the 200-day simple moving average (SMA) for the first time since Ma...
2 months agoAsia Open The Asian session looks set for a recovery from Monday’s carnage, with Nikkei +9.40%, ASX +0.03% and KOSPI +4.32%. Higher-than-expected US services Purchasing Managers' Index (PMI) may offer some calm amid hard landing jitters, with the data pro...
2 months agoFTSE 100 in recovery mode The FTSE 100 index continues to recover from its low on Monday, rallying back above 8000 yesterday and moving higher in early trading. Further gains target the August high at 8400, and then on to the record high from May ju...
2 months agoFTSE 100 back above 8100 The FTSE 100 index has continued to recover from the lows of the week. It now finds itself back above 8100, and thus above the support zone of June and July. Further gains target the 8300 level and then on to 8400. A close b...
2 months agoFTSE 100 moves higher The FTSE 100 index closed above the 50-day simple moving average (SMA) once more yesterday, as it claws back the losses of late July and early August. The bounce from the 8000 level is intact, and further gains target the 8300...
2 months agoAsia Open The Asian session looks set for a steady start in today’s session, with Nikkei +0.56% and ASX +0.59% at the time of writing. Korean markets are closed for holiday today. Overnight, risk sentiments continue to ride on the all-clear signal, after...
2 months agoThe first thing I notice is that the ¥36,700 level has offered a significant resistance, which is interesting considering that the market has seen that level as important multiple times.Remember, the last couple of weeks have seen the carry trade unwindin...
2 months agoNASDAQ 100 still moving higher The NASDAQ 100 index has enjoyed an impressive run over the past week, bouncing off the 200-day simple moving average (SMA). Further gains now target the 19,500 highs from 31 July and 1 August, and also the 50-day SMA....
2 months ago