Financial Markets & Stock Market Technical Analysis 21 January 2021 | Capital Street Fx

 Asian stocks rose to new record highs on Thursday. The Shanghai composite is up 1.12% at 3,623.43. Overall, the Singapore MSCI up 0.70% at 343.40. Over in Hong Kong, the Hang Seng Index up 0.23% to 29,963. In Japan, the Nikkei 225 up 0.95% at 28,760, while the Topix index is up 0.65% at 1859.0. South Korea’s Kospi up 1.48% to 3160.73. Australia S&P/ASX 200 up 0.79% at 6823.7.

European equities Wednesday closing. The DAX futures contract in Germany traded 0.77% up at 13921.37, CAC 40 futures up 0.53% at 5628.4 and the UK 100 futures contract in the U.K. up 0.41% at 6,740.4.

In U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.83% at 31188.4 the S&P 500 up 1.39% to 3851.9 and the Nasdaq 100 up 0.47% at 13366.3, NYSE closes at 15097.27 up 0.73%.

In the Forex market, GBPUSD up 0.41% at 1.37049. The USDJPY down 0.13% at 103.401. The USDCHF down 0.08% at 0.88857. EURUSD up 0.25% at 1.21350, EUR/GBP down 0.11% at 0.88534. The USD/CNY down 0.07% at 6.4603, at the time of writing.

In the commodity market U.S. Gold futures up 0.12% at $1,873.56. Elsewhere, Silver futures up 0.64% to $25.959 per ounce, Platinum up 0.06% at $1110.87 per ounce, and Palladium up 0.51% to $2,387.50.

Crude Oil up on Thursday; Brent crude oil up 0.50% to $55.98 barrel while U.S. West Texas Intermediate (CLc1) is up 0.08% at $52.41.

In the Cryptocurrency Markets, BTCUSD at 34631.71 down 2.44%, Ethereum at 1300.35 down 5.53%, Litecoin at 143.53 down 4.27%, at the time of writing.

TOP STOCKS TO WATCH OUT TODAY:

NETFLIX Inc. up 16.854% at $586.34, FORD Motor Co. up 8.383% at $10.86, INVESCO Ltd. up 6.519% to $21.57, AMAZON.Com up 4.57% to $3263.38, BANK OF NEYWORK down 7.268% to $42.49, ETSY Inc. down 2.539% at $215.69.

Economic news:

US: President Joe Biden’s proposal for a $1.9 trillion COVID-19 relief package was based on an assessment of specific needs, White House Press Secretary Jen Psaki said on Wednesday, when asked about Republican objections about the total cost.

“The package wasn’t designed with the $1.9 trillion as a starting point. It was designed with the components that were necessary to give people the relief that they needed,” she told reporters during her first briefing after Biden’s inauguration.

Psaki said it was challenging to think about which components of the proposal could be eliminated since all were based on recommendations from economists and health professionals, but acknowledged that the final version of any legislation rarely looked exactly like the initial proposal.

Biden, a long time U.S. lawmaker was no stranger to congressional negotiations, and would be closely involved in the process, Psaki said, adding: “It’s a conversation, and he is no stranger to the process of deal-making.”

Eurozone: British Prime Minister Boris Johnson said on Wednesday that some fishermen had experienced problems exporting fish to the European Union, an issue he said had been compounded by a decline in fish eating across Europe due to restaurant closures.

“It is, it is absolutely true that some British fishermen have faced barriers at the present time owing to complications over form filling,” Johnson told parliament.

“And indeed, one of the biggest problems is that, alas, there is a decline in appetite for fish in continental markets because the restaurants … are shut,” he said.

Important Data: EUROZONE Deposit Facility Rate (Jan) today at 7:45 this time estimated -0.5%, previously which was -0.5%. US Initial Jobless Claims today at 8:30 this time estimated 910K, previously which was 965K. US Building Permits (Dec) today at 8:30 this time estimated 1.604M, previously which was 1.635M. JAPAN National Core CPI (YoY) (Dec) today at 18:30 previously which was -0.9%.

Click Here Full Technical Summary Technical Analysis

Comments

Post a Comment

Popular posts from this blog

Financial Markets & Stock Market Technical Analysis 22 Januray 2021 | Capital Street Fx

  Asia Pacific stocks were mostly down on Friday morning. The Shanghai composite is down 0.59% at 3,598.70. Overall, the Singapore MSCI down 0.87% at 340.75. Over in Hong Kong, the Hang Seng Index down 1.33% to 29,516. In Japan, the Nikkei 225 down 0.28% at 28,650, while the Topix index is down 0.05% at 1855.5. South Korea’s Kospi up 0.50% to 3143.93. Australia S&P/ASX 200 down 0.34% at 6800.4. European equities Thursday closing. The DAX futures contract in Germany traded 0.11% down at 13906.67, CAC 40 futures down 0.67% at 5590.8 and the UK 100 futures contract in the U.K. down 0.37% at 6,715.4. In U.S. on Wall Street, the Dow Jones Industrial Average closed flat at 31176.0 the S&P 500 up 0.03% to 3853.1 and the Nasdaq 100 down 0.38% at 13360.0, NYSE closes at 15019.04 down 0.52%. In the Forex market, GBPUSD down 0.25% at 1.36943. The USDJPY up 0.16% at 103.643. The USDCHF up 0.04% at 0.88541. EURUSD up 0.03% at 1.21648, EUR/GBP up 0.28% at 0.88825. The USD/CNY up 0.20% at...
Read more

Fundamental Analysis – 07 September 2022 | Capital Street fx

  Fundamental Analysis Asian Pacific stock markets sank on Wednesday. The Shanghai Composite is down 0.01% at 3,242.96. Overall, the Singapore MSCI is down 1.07% at 285.30. Over in Hong Kong, the Hang Seng Index is down 1.56% at 18,839.00. In Japan, the Nikkei 225 is down 0.87% at 27,360.00, while the Topix index is down 0.65% at 1912.00. South Korea’s Kospi is down 1.55% at 2,372.62. Australia S&P/ASX 200 down 1.51% at 6723.10. Top News of the Day: Most Asian stock markets sank on Wednesday amid growing fears of more monetary policy tightening by the Fed, while weaker-than-expected Chinese trade data also weighed on sentiment. Tech-heavy Taiwan and Hong Kong stocks were the worst performers in the region, losing 1.6% and 1.8%, respectively, amid jitters over rising U.S. interest rates. fundamental-analysis-technical-analysis-by-capital-street-fx  pdf Download Market Summary as per 06/09/2022: European equities Tuesday closing. The DAX futures contract in Germany traded up...
Read more

Technical Analysis Report On 05 March 2021 | Top Stock To Buy | Economic News

  Asian stocks skidded to one-month lows on Friday. The Shanghai composite is up 0.03% at 3,504.12. Overall, the Singapore MSCI up 0.78% at 347.25. Over in Hong Kong, the Hang Seng Index down 0.21% to 29,012. In Japan, the Nikkei 225 down 1.17% at 28,640, while the Topix index is down 0.53% at 1881.0. South Korea’s Kospi down 0.28% to 3035.73. Australia S&P/ASX 200 down 0.74% at 6710.8. European equities Thursday closing. The DAX futures contract in Germany traded 0.17% down at 14056.34, CAC 40 futures up 0.01% at 5830.7 and the UK 100 futures contract in the U.K. down 0.07% at 6,598.8. In U.S. on Wall Street, the Dow Jones Industrial Average closed 1.11% down at 30924.1 the S&P 500 down 1.34% to 3768.5 and the Nasdaq 100 down 0.22% at 12462.1, NYSE closes at 14959.41 down 1.58%. In the Forex market, GBPUSD down 0.05% at 1.38859. The USDJPY up 0.10% at 108.075. The USDCHF up 0.03% at 0.92887. EURUSD down 0.04% at 1.19584, EUR/GBP up 0.07% at 0.86119. The USD/CNY up 0.06% at...
Read more