FTSE 100 Technical Analysis: Outlook at the Mercy of Global Markets
It took some time, but sellers finally caught up to the FTSE; levels and lines to watch in the days ahead.
Greening Asia through data and regulation
An important part of the solution to building climate resilience is already before us – leveraging data and technology to build a greener future.
US Dollar Stays Strong on Higher Volatility as Risk Aversion Eases. New Highs Next?
The US Dollar has pulled back from 20-year highs as Fed hikes are in focus again ahead of US CPI data. Where to for the US Dollar index (DXY)?
Brazilian Itau Reaffirms 2022 Guidance, Q1 Net Income Jumps
SAO PAULO, May 9 Reuters Brazilian lender Itau Unibanco Holding SA reported on Monday that firstquarter recurring net income rose 15 on a yearonyear basis, driven by higher credit volume as its loan book accelerated, and it reaffirmed its fullyear guidance. Although analysts viewed the results as solid, Itau39;s shares were down 2.7 at 23.15 reais […]
Coty Raises Annual Profit Outlook on Resilient Luxury Demand
May 9 Reuters Coty Inc raised its fullyear profit forecast on Monday following resilient demand for its highend fragrances and skincare products in the United States and Europe at a time when inflation has soared to multiyear highs in most countries. Demand for luxury goods has held up as higher prices of everyday essentials have not […]
Chinese Yuan Forecast: USD/CNH Eyes Chinese CPI Data Ahead of US Inflation
The Yuan may see volatility on China’s inflation data today. The Dollar is also in focus, with the US following up with its inflation data. Meanwhile, USD/CNH’s technical posture may be weakening.
S&P 500, Dow Jones Forecast: Stock Market Volatility Ahead as Retail Traders Buy?
As the S&P 500 and Dow Jones near a bear market, retail traders have been buying into recent losses on Wall Street. Is this a warning sign that more market volatility is to come?
S&P 500, Nasdaq 100 Outlook: US Inflation Data to Make or Break the Market’s Spirit
The S&P 500 and Nasdaq 100 will be sensitive to the April US CPI report. Any sign that inflation has peaked and is easing quickly will be bullish, but a negative surprise could spark a selloff
New Zealand Dollar Technical Analysis: After Sharp Drop, Support Nears – Setups in NZD/JPY, NZD/USD
The major NZD-crosses have been hit hard, a knock-on effect from China’s entrenched zero-COVID strategy.
Commodities AUD fall as Growth fears Take hold; ZEW survey
Rates as of 0500 GMT Russia Russias Victory Day parade came and went without the gamechanging announcement that many had feared. I have to say many had feared because I wrote about the possibility and I dont want to look stupid. Nonetheless, the fact that there wasnt such an announcement is important too, because reportedly […]