Market Update – January 31 – USD & Stocks hold gains plenty of risks around

Stock market میںRally ملیAsian markets (+2.43) تیزی میںAsian markets (Nikkei +1.4%) اپنیLunar holiday trading میں.USD& Yields& Oil یہ تمام بشمولGold کے سبBid میں. مارکیٹ کاBusy week ahead ہے.Ukraine/Russia .China closed کے   درمیانTensions میں کمی نہیں ہورہی ہے اورNorth Korea اپنےMissiles کی بارش کررہاہےJapan کے سمندروں میں.

This Week:  BOE, ECB, RBA,  ISM PMI’s, and NFP

  • USD (USDIndex 97.10) holds 1.7% gains for the month
  • US Yields 10-yr closed at 1.782% &  trades at 1.78%.    
  • Equities – USA500 +105 (+2.43%) 4431 – (APPLE +6.98%) USA500 FUTS hold 4428.     
  • USOil – Breached $87.00  on Friday now $86.30 
  • Gold – down to $1788 afrom highs over $1850 last week   
  • Bitcoin remains under $40,000 back to test $37,100
  • FX marketsEURUSD back to 1.1170 USDJPY now 115.40 & Cable back to 1.3433

Overnight

Chinese Factory data میں کمی. اس کے ساتھJapanese Consumer confidence, Housing Starts and Construction spending ان سب میں بھی کمی.

European Open

March 10 year Bund future میں31 ticks کی تیزیEuropean stocks future میں تیزیFriday strong fall کے بعدDAX 1.3% اوپر گیا. یہFall ہوا تھاWeaker than expected Data جوGerman GDP numbers تھے.Risk appetite موجود اور اس ہفتے اہمEvents  ہیںBoE& ECB

Today – German CPI, EZ GDP (Flash, Prelim.), FED’s Daly & George.

 

Biggest Fx Mover @(12:30Pm) تھاAUDCHF(+0.92%) . اس میں3 دن کےFall 0.6490 کے بعدRally ہوئی0.6560 تک MACD .MAs aligned higher کیSignal& 0 line دونوں0 سے اوپر.RSI 65 پر اوپر کی طرفH1 ATR 0.00125 اورDaily ATR 0.0060

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Stuart Cowell

Head Market Analyst

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