U.S. stock index futures were modestly higher in early morning trading on Monday.
Archiv für den Monat: Februar 2022
Markets Week Ahead: Nasdaq 100, US Dollar, CPI, Euro, British Pound, UK GDP
The Nasdaq 100 rose last week, but not without giving up most gains as the US Dollar rose on a stellar jobs report. 40-year high CPI keeps volatility risk elevated. Will the Euro and British Pound …
USD Q1 2022 Fundamental Forecast: Dollar's Hawkish Path Is Not Necessarily a Bullish One
The US central bank announced a significant shift in its monetary policy stance to end 2021, but the ultimate impact of the more hawkish bearing seemed to barely register for the Dollar and risk as…
Weekly Fundamental Gold Price Forecast: Rising Rates Still Problematic
Sovereign bond yields continue to rise while inflation expectations pullback. It’s not a good mix for gold prices.
Equities lose ground after cautious start earlier
European indices have erased opening gains to turn red now on the session, posting slight losses. The Eurostoxx is down 0.1%, the DAX down 0.1%, and CAC 40 down 0.2% currently. Meanwhile, US futures are also retreating with S&P 500 futures down 0.2%, Dow futures down 0.3%, and Nasdaq futures down 0.
Trading Tip: Know the Average Daily Range (ADR)
The Average
Daily Range is a technical indicator used to measure the volatility of an
asset. It displays how much an instrument can move on average during a given
day. It’s pretty simple to calculate: sum the values of how much an asset moved
from the high to low in a
Daily Range is a technical indicator used to measure the volatility of an
asset. It displays how much an instrument can move on average during a given
day. It’s pretty simple to calculate: sum the values of how much an asset moved
from the high to low in a
Heads up: ECB president Lagarde to speak later in the day
She will be delivering the introductory statement at the hearing before the Committee on Economic and Monetary Affairs at the European Parliament later today.I reckon she will touch on her latest economic views as well as the central bank’s outlook, perhaps also providing some remarks on policy. All
Eurozone February Sentix investor confidence 16.6 vs 15.2 expected
Prior 14.9
A slight rise in euro area investor morale as the economic situation globally shows more signs of stabilisation in the battle against the omicron variant. The expectations reading also rose from 13.5 in January to 14.0 in February, marking the highest reading since July last year.
Dollar keeps more mixed so far on the day
Major currencies are mostly little changed with commodity currencies holding a marginal advance while others are not really doing much. The euro though is a touch weaker despite regional yields climbing. Earlier today, ECB policymakers Kazaks and Knot said that a rate hike by the middle of the year