News and analysis

  • All
  • Forex
  • Commodities
  • Shares
  • Indices
  • Newest
  • Popular
Close-up of market chart

US dollar weakness might be short lived: The Week Ahead

The US dollar shows the potential to retrace some of the week's losses in light of hawkish Fed comments. Although attention now shifts to the US PCE inflation report, Australian CPI and RBNZ interest rate decision and press conference.

default avatar
Today 05:43 AM
Market chart

AUD/USD falters at the 200-day MA, ASX 200 eyes record high

AUD/USD rose for a seventh day yet left a prominent reversal candle at the 200-day EMA. Positive sentiment for the stock market could see the ASX 200 retest or even break to a new record high.

default avatar
Yesterday 09:43 PM
Close-up of market chart showing downtrend

Gold analysis: Rising yields could send metal below $2,000 again

The opportunity cost of holding gold rises with bond yields on the rise on stronger and amid a racier US equity market. Gold technical analysis suggests a potential break below $2015 could initiate renewed selling pressure

united_states_01

S&P500 Forecast: SPX hits a record high after Nvidia earnings

S&P 500 rises to a fresh all time high after blowout Nvidia results. Nvidia posed a 265% rise in revenue and a 769% rise in net earnings sending the share price 13% higher. Note that profits are rising by more than the share price! The market is overlooking US jobless claims which fell to 201k, supporting the Fed's view that it is too early to cut rates.

default avatar
Yesterday 02:10 PM

Open an account in minutes

Tight spreads from 0.5 pts on FX and 0.3 pts on indices.


Award-winning platforms with fast and secure execution.

N_A_Promo_Block_BG_Comp
Multiple Euro bank notes in 20€, 50€ and 100€

EUR/USD analysis: Dollar weakness could be temporary

Eurozone PMIs mixed as focus turns to US data. The dollar weakness is not fundamentally justified, though, which means the EUR/USD may weaken again. EUR/USD technical analysis: 1.0890-1.0900 is key resistance

default avatar
Yesterday 10:45 AM
germany_01

DAX, USD/JPY Forecast: Two trades to watch

DAX rises to a record all-time high after Nvidia results & despite mixed PMIs, USD/JPY consolidates around 150.00 ahead of US PMIs & post FOMC minutes.

Research

DAX futures, Nikkei 225 hit record highs: European open

It was a lively session for equity traders in Asia on Thursday, with the Nikkei 225 and DAX futures hitting record highs. The Nikkei made its inevitable run to 39k and touched a record high, by a cat's whisker.

china_07

Hang Seng, China A50 seeking fresh bullish catalysts to power market recovery

China’s state-endorsed equity market recovery continues to go from strength to strength, building upon a lengthy and growing list of measures being rolled out by policymakers designed to coerce traders into buying. Perhaps the broader bear market trend may be coming to an end?

default avatar
Yesterday 01:21 AM
japan_02

Ducks have lined up for Nikkei 225 to test its 1989 high

If there was ever a day for Japan’s Nikkei 225 to overcome its demons and take out the record high set in December 1989, few screen better than today. The ducks look to have lined up for bulls. If we can’t set a new peak, it may provide a subtle warning that the market has run too hard, too fast.

default avatar
February 21, 2024 10:54 PM
Research

AUD/JPY nears 17-month high, ASX 200 looks set to bounce: Asian Open

AUD/JPY has fast approached a pivotal level to hint that an eventual breakout could be on the cards, even if not immediately. The ASX 200 looks sets to bounce after positive earning from Nvidia lifted Wall Street futures after market hours.

default avatar
February 21, 2024 10:21 PM
Japanese Flag

Japanese Yen Intervention Watch: USD/JPY, EUR/JPY, GBP/JPY Technical Analysis

USD/JPY is consolidating while EUR/JPY and GBP/JPY remain in healthy uptrends.

Energy

Crude oil analysis – February 21, 2024

Technical levels and factors on Brent discussed in this article, ahead of the publication of global PMIs and crude inventories data, which could provide catalyst for a potential breakout.

default avatar
February 21, 2024 03:30 PM
united_states_04

Nasdaq 100 Forecast: QQQ slips ahead of FOMC minutes, Nvidia earnings

US stocks are heading for a weaker open as investors look cautiously ahead to the release of the minutes to the January FOMC meeting and to Nvidia earnings after the close. Investors will be looking to see whether the minutes push back on rate be expectations and whether Nvidia, the AI chipmaking giant can live up to the hype surrounding its stock and a future with AI.

default avatar
February 21, 2024 02:14 PM
Get the information that drives markets
Anaylsts composition
Get expert reaction to latest market news and seize potential opportunities.
Economic Calendar

Risk-free trading with virtual funds

Try our award-winning platform.

Improve your skills and trading strategies.

Trade Forex, Indices, Shares, Commodities.

N_A_Promo_Block_BG_Comp

This report is intended for general circulation only. It should not be construed as a recommendation, or an offer (or solicitation of an offer) to buy or sell any financial products. The information provided does not take into account your specific investment objectives, financial situation or particular needs. Before you act on any recommendation that may be contained in this report, independent advice ought to be sought from a financial adviser regarding the suitability of the investment product, taking into account your specific investment objectives, financial situation or particular needs.

StoneX Financial Pte. Ltd., may distribute reports produced by its respective foreign entities or affiliates within the StoneX group of companies or third parties pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the report is distributed to a person in Singapore who is not an accredited investor, expert investor or an institutional investor (as defined in the Securities Futures Act), StoneX Financial Pte. Ltd. accepts legal responsibility to such persons for the contents of the report only to the extent required by law. Singapore recipients should contact StoneX Financial Pte. Ltd. at 6826 9988 for matters arising from, or in connection with the report.

In the case of all other recipients of this report, to the extent permitted by applicable laws and regulations neither StoneX Financial Pte. Ltd. nor its associated companies will be responsible or liable for any loss or damage incurred arising out of, or in connection with, any use of the information contained in this report and all such liability is hereby expressly disclaimed. No representation or warranty is made, express or implied, that the content of this report is complete or accurate.

StoneX Financial Pte. Ltd. is not under any obligation to update this report.

Trading CFDs and FX on margin carries a high level of risk that may not be suitable for some investors. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice. Visit www.cityindex.com/en-sg/terms-and-policies for the complete Risk Disclosure Statement.