Spanish election: How it could impact the SPN35

Spain goes to the polls on Sunday in a snap national election that will most likely shape its economic and political outlook.

With this big risk event around the corner, you may be wondering what exactly is going on.

Here, we’ll unpack the developments in Spain and look at how they could impact your trading.

Spain Election SPN35 technicals political risk SMA

UK100_m soars on easing UK inflation

  • UK100_m tracks FTSE 100 index which measures 100 largest UK stocks
     
  • Lower-than-expected UK inflation = lowered bets for BOE rate hikes = Pound falls
     
  • Weaker GBP improves earnings outlook for FTSE 100 companies, pushing UK100_m higher
     
  • Technical analysis points to 4 potential upside targets for UK100_m

 

FTSE100 inflation Bank of England Stocks rate hikes BoE GBPUSD British Pound Sterling

Caution Lingers On China Fears, Earnings Take Centre Stage

Asian shares flashed red on Tuesday as concerns over China’s sluggish economic recovery weighed on sentiment. 

Earnings Stocks China USD G10 CPI Gold Oil

Trade Of The Week: What Next For SPX500_m?

The S&P 500 has gained roughly 17% year-to-date, fuelled by the AI mania that magnetized investors toward a handful of big tech names.

S&P500 Earnings tech stocks Tesla Netflix SMA

Week Ahead: Can GBPUSD Bulls Maintain Hunger For Gains?

The explosive price action seen this week continues to highlight how global financial markets remain sensitive to key inflation data!

Two potential targets for WSt30m_index

  • WSt30_m index posted new 2023 intraday high on Wednesday
     
  • Markets cheered yesterday's lower-than-expected US inflation data
     
  • JPMorgan and other big US banks to unofficially kick off US earnings season on Friday
     
  • WSt30_m bulls may next aim for 335374 and 36470, as long as risk-on sentiment holds

 

Stocks Dow Jones index Earnings JPMorgan inflation Fed rate hikes

Mid-Week Technical Outlook: FX Majors & Indices

  • USD Index smashes into 101.50
  • EURUSD challenges fresh resistance
  • GBPUSD bulls switch into higher gear
  • SPX500_m approaches key resistance
  • NQ100_m ready to breakout?

The dollar extended losses while stocks nudged higher on Wednesday ahead of key US inflation data that could influence the Federal Reserve’s policy stance.

EURUSD GBPUSD NZDUSD USDJPY SPX500_m NQ100m Federal Reserve inflation Bank of Canada

Markets Advance Ahead Of US CPI

Asian markets rose on Tuesday after China strengthened support for its struggling property sector. European futures are pointing to a positive open as attention falls on the pending German ZEW Economic Sentiment Index report. In the currency arena, the dollar has weakened on the back of falling Treasury yields with investors digesting the remarks from numerous Fed speakers yesterday.  Regarding commodities, oil is finding support as investors evaluate the demand outlook for China following some measures by Beijing to support its real-estate sector.

inflation CPI Stocks USD Gold Oil

Trade Of The Week: USDCAD Knocks On Major Support

  • CAD weakens against most G10 currencies month-to-date.
  • Big week for the USDCAD thanks to BoC rate decision and US inflation data.
  • Trader’s pricing in a 67% probability of a BoC hike on Wednesday.
  • US Inflation data could influence USDCAD this week.
Bank of Canada Canadian Dollar USDCAD NFP USD CPI central bank SMA Technical Analysis

Week Ahead: SPX500_m set for rollercoaster ride

Even as markets turn cautious ahead of the highly anticipated US jobs report later today (Friday, July 7), investors are bracing for more action in the week ahead thanks to another round of risk events.

S&P500 Federal Reserve Earnings inflation Rates Jerome Powell SMA
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