the American dollar Chill from a two-day hike though Empire State Manufacturing Index, Stores Closed flat and yields (10 years 3.591%) hold on to the gains. Overnight strong Chinese data (gross domestic product He hits 4.5% In Q1 vs 4.0% & 2.9%), retail He was 10.6% from 3.5% And The unemployment fancy to 5.3% from 5.6%. UK jobs beats (28.2k New jobs vs -11.2k The last time, earnings Still very hot in 5.9% against 5.7%And The unemployment was a higher mark at 3.8% Add to bid on Sterling pound Increased talk of stagflation in the UK and pressure on the Bank of England to act again. Asian markets are also weaker despite the Chinese data. US futures are holding their recent highs.
- FX – USD climbed to 101.90 It is trading at a previous major intraday pivot level at 101.65. euro Further refused to 1.0910 naysayers 1.1000. today 1.0950 Immediate resistance remains. JPY I pushed up again and hacked it 134.50 In short today. sstunned Go to 1.2355 Its lows yesterday but it is testing again 1.2400 Today after the UK jobs data.
- Stores – US markets closed flat but positive across all sectors (0.28% to 0.33%) #US500 closed +13.68 points. in 4151. – 500 USD FUTS is higher today at 4177 And above the main resistance at 4175. #SST -9.18%, mRNA -8.36%, Roblox -12.01%. #GOOGL -2.66% (rumor that Samsung will use Bing and not Google for searches) musk. The latest in announcing investment in a new AI platform to rival ChatGPT.
- Goods – Lycel oil – Futures contracts fell $80.30 Yesterday but recovered to $81.00 day. gold – Keep sliding and testing 1982 dollars, Before recovering Ris the key 2000 dollars today
- Digital currencies – BTC refuse who $30 kilos Yesterday’s level 29 thousand dollars and return to 29.6 thousand dollars today.
today – German ZEWUS Housing Beginnings/Building Permits Canadian consumer price indexFederal Reserve Discount Rate Minutes, Bowman Letters, Federal Reserve Bank Macklem & Rogers, Elderson of the European Central Bank. earnings From Ericsson (Win), United Airlines, JNJ, Netflix, Goldman Sachs, and BofA.
The largest forex engine @ (06:30 GMT) honor (+0.59%). rose from low to 0.6680 yesterday for testing 0.6740 today, 0.6750 And 0.6780 The following areas of resistance. Moving averages align up, MACD histogram and signal line are positive and bullish, RSI 66.50 and upward, H1 ATR 0.00090, daily ATR 0.00751.
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Stuart Coyle
Principal market analyst
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