Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Forex
Hotforex.com - Market Analysis and News.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="HFM, post: 245420, member: 46567"] [B]Date : 10th May 2022. Market Update – May 10 – Stocks Stabilize After Huge Risk-Off Monday. USD[/B] cools from recent highs, [B]Stocks[/B] stall their decline after Monday rout ([B]NASDAQ -4.29%[/B]), [B]Yields[/B] hold at highs with 10-yr over [B]3.00%.[/B] [B]Gold[/B] and [B]Oil[/B] both slumped as risk-off rattled markets CB tightening and rising inflation fears continuing to spook sentiment. Asian markets weaker ([B]Nikkei -1.00%[/B]) and European Futures all weaker. [LIST] [*][B]Equities[/B] – [B]USA500[/B] -132 ([B]-3.20%[/B]) at 3991, first close below 4k since March 2021. US500FUTS at [B]4022 [/B]now. [*][B]Yields[/B] moved higher, 10-yr closed at [B]3.079%, [/B]holding key [B]3.00% [/B]level. Trades at 3.054% now [*][B]Oil & Gold [/B]both had weak & volatile session – [B]USOil[/B] tested down to [B]$100.00 [/B]before reversing to [B]$102.20[/B] now from opening trades over [B]$109.00[/B]. [B]Gold[/B] slumped from [B]$1885 [/B]zone to [B]$1850 [/B]yesterday and struggles at [B]$1860[/B] now. [*][B]Bitcoin[/B] crashed through [B]$30K [/B]struggling with $32K now. [*][B]FX markets[/B] – [B]EURUSD [/B]up from 1.0500 to [B]1.0560, USDJPY [/B]holds over [B]130.00, [/B]at [B]130.40 and Cable[/B] continues to struggle – [B]1.2260 [/B]lows were tested yesterday, back to [B]1.2325.[/B] [/LIST] [B]USDIndex[/B] tested new at highs at [B]104.20[/B] yesterday back to 103.60 now.[B]Overnight [/B]Fed’s [B]Kashkari[/B] : Reiterates confidence that inflation will return to Fed’s 2.0% target & Fed’s [B]Bostic:[/B] 50 bps hike was an aggressive move, Fed can stay at that pace, 75 bps rate hike is low probability. [B]Today – German ZEW,[/B] Speeches from Fed’s Williams, Waller, Bostic, Barkin, Kashkari, Mester, ECB’s de Guindos & BoE’s Saunders, Earnings from Bayer, Porsche, Norwegian Cruise Line & Warner Music. [B]Biggest FX Mover[/B] @ (06:30 GMT) [B]AUDJPY[/B] (+0.35%) Rallied from lows at 89.70 to over 91.20 highs (resistance) today. MAs aligning higher, MACD signal line & histogram moving higher but remain weak, RSI 44, but rising, H1 ATR 0.33, Daily ATR 1.60. [B]Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report.[/B] Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. [B]Stuart Cowell Head Market Analyst HFMarkets Disclaimer:[/B] This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Forex
Hotforex.com - Market Analysis and News.
Top