Fed speakers کافیWorried ہیںInflation کی وجہ سے.StocksنےEarly losses recoverکیئے.Oil ,Yields moved up بھی اوپر.China PBOC Gold downنےFirst rate cut کافی عرصے بعد لاگو کیا.
Signs of slowdown اب بھی موجود ہیں.Covid میں دوبارہ اضافہ.
- Friday USD(USDIndex 95.20)سےGains پر.Eight-week lowsسےBounce 94.60 ہوا.
- Ten-year moved higher, US Yields اور%1.1772 پرClose
- Equities – USA500 +3.82 (+0.08%) at 4662 as Financials weighed following Earnings from JPM (-6.15%) Blackrock (-2.19%) and WFC (+3.68) Tech & Energies lead recovery into long weekend. USA500 FUTS lower at 4652.
- USoil $84.00 پرTight supply .Spiked
- Gold تقریبا$1816 پر. اس نےTest 1830 کیا. اب$1822 پر.
- Bitcoin support once again at $42,000, Friday, back to 42,800 now.
- FX markets – EURUSD back to 1.1465, USDJPY now 114.40 at 115.85, Cable back to 1.33680.
Overnight
UK house price Data .Disappointment کافی مضبوط.Credit SussieکےChairmanنےCovid breaches کی وجہ سےResign کردیا.
Week Ahead
European Open
Rate hikes چاہتاہے.
Today – Little data from Europe & All US markets closed for MLK Day.
Biggest FX Mover @ (07:30 GMT) CADJPY (+0.34%) Rallied from 90.50 lows on Friday to 91.37 (Fridays high) now. MAs aligned higher, MACD signal line & histogram higher & above 0 line. RSI 64 & rising, H1 ATR 0.121 Daily ATR 0.794.
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Stuart Cowell
Head Market Analyst
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