ForexTime

2021-02-18 15:50:22 Open / Comment

2021-02-18 15:50:22 Soft Global Risk Tone
https://www.forextime.com/market-analysis/soft-global-risk-tone Open / Comment

2021-02-18 12:24:16 Astonishingly upbeat economic data out of the US failed to send equity benchmarks higher on Wednesday. Consumers across the States decided not to keep stimulus checks in their bank accounts but rather spend them on electronics, appliances, furniture and online. Almost every major category in the retail sales report showed a significant increase. The 5.3% growth in January is the largest monthly rise since June, when the US began recovering from strict lockdowns.

Looking at the trend in coronavirus cases and vaccine distribution, we should expect the economic recovery to gather steam over... Read More (https://www.forextime.com/market-analysis/are-higher-bond-yields-spoiling-risk-rally) Open / Comment

2021-02-18 12:24:16 Open / Comment

2021-02-18 12:24:16 Are higher bond yields spoiling the risk rally?
https://www.forextime.com/market-analysis/are-higher-bond-yields-spoiling-risk-rally Open / Comment

2021-02-18 07:33:53 The Dow Jones index hit a fresh record high, adding another 0.3% on Wednesday. This is in contrast to the Nasdaq 100 index, which declined 0.54% to post a second straight day of losses, while the S&P 500 was little changed after the latest US cash session.

The Dow has been finding support around the psychologically-important 30,000 mark in the early stages of 2021, as its 50-day simple moving average continues guiding the index upwards.




With its 14-day relative strength index (RSI) yet to breach into overbought territory, coupled with the bullish momentum indicator (MACD), it... Read More (https://www.forextime.com/market-analysis/dow-jones-hits-fresh-record-high) Open / Comment

2021-02-18 07:33:53 Open / Comment

2021-02-18 07:33:53 Dow Jones hits fresh record high
https://www.forextime.com/market-analysis/dow-jones-hits-fresh-record-high Open / Comment

2021-02-17 16:41:51 While we pause for breath in equity markets, bond markets continue to grab the attention of Wall Street with US 10-year yields pushing up above 1.30% which is almost pre-Covid.


The return in real yields is an important issue here as this means markets are getting more optimistic about economic growth expectations.


But the pace of the bond market sell-off too is worrying as we’ve gone from 1.1% to 1.3% in just three days, and if this continues, then risk markets will do an about-turn very sharply.

Focus is increasingly on the US Federal Reserve to provide some reassurance that it... Read More (https://www.forextime.com/market-analysis/us-data-focus) Open / Comment

2021-02-17 16:41:51 Open / Comment