Technical Analysis Report – 24 March 2021 | Read Here Daily Technical Analysis Report

 Asia Pacific stocks were mostly down Wednesday morning. The Shanghai composite is down 1.36% at 3,365.20. Overall, the Singapore MSCI up 0.09% at 352.65. Over in Hong Kong, the Hang Seng Index down 2.24% to 27,842. In Japan, the Nikkei 225 down 1.80% at 28,300, while the Topix index is down 2.04% at 1919.0. South Korea’s Kospi down 0.31% to 2995.55. Australia S&P/ASX 200 up 0.50% at 6778.8.

European equities Tuesday closing. The DAX futures contract in Germany traded 0.03% up at 1465762.02, CAC 40 futures down 0.39% at 5945.3 and the UK 100 futures contract in the U.K. down 0.40% at 6,699.2.

In U.S. on Wall Street, the Dow Jones Industrial Average closed 0.94% at 32423.2, the S&P 500 down 0.76% to 3910.5 and the Nasdaq 100 down 0.53% at 13017.8, NYSE closes at 15346.52 down 1.32%.

In the Forex market, GBPUSD down 0.24% at 1.37124. The USDJPY down 0.06% at 108.503. The USDCHF up 0.05% at 0.93448. EURUSD down 0.05% at 1.18420, EUR/GBP up 0.31% at 0.86353. The USD/CNY up 0.14% at 6.5254, at the time of writing.

In the commodity market U.S Gold futures up 0.26% at $1,731.58. Elsewhere, Silver futures up 0.21% to $25.123 per ounce, Platinum up 0.25% at $1169.38 per ounce, and Palladium up 0.10% to $2,604.50.

Crude Oil mix on Wednesday; Brent crude oil up 0.96% to $60.98 barrel while U.S. West Texas Intermediate (CLc1) is down 0.94% at $63.16.

In the Cryptocurrency Markets, BTCUSD at 53766.76 down 1.09%, Ethereum at 1662.92 down 0.43%, Litecoin at 190.00 up 2.11%, at the time of writing.

TOP STOCKS TO WATCH OUT TODAY:

NETFLIX Inc. up 2.29% at $535.09, GAP Inc. down 7.715% at $27.87, INTEL Corp. down 3.276% at $63.48, DOW Inc. down 4.346% at $60.75, BOEING Co. down 3.973% at $241.25, GOLDMAN SACHS at 2.228% at $331.77, HONEYWELL Inter. down 1.669% at $208.59, JP MORGAN Chase down 1.0% at $149.46.

Economic news:

US: The U.S. Treasury said on Tuesday it would issue further guidance on a contested provision in President Joe Biden’s $1.9 trillion coronavirus relief package that prohibits states from using stimulus money to replace revenue lost to tax cuts.

The provision has drawn criticism from 21 Republican state attorneys general, with Ohio’s top lawyer suing the Biden administration last week, arguing that broad language in the American Rescue Plan Act violated the state’s constitutional right to determine its own tax policies.

Treasury Secretary Janet Yellen said in a written response to those concerns: “It is well established that Congress may place such reasonable conditions on how states may use federal funding.”

“Nothing in the act prevents states from enacting a broad variety of tax cuts,” Yellen said, refuting the attorneys general arguments that the stimulus measure denies states the ability to cut taxes in any manner whatsoever.

Eurozone: The City of London may be better off staying out of the EU’s financial services market as it would have to sacrifice autonomy over setting rules to win full access, a report by Britain’s upper house of parliament said on Wednesday.

The European Union has yet to grant Britain direct financial market access after it left the bloc on Dec. 31 and large amounts of trading in stocks and derivatives denominated in euros has shifted to Amsterdam from London.

Brussels will consider whether to grant full access, known as equivalence, once it has agreed a memorandum of understanding with Britain on a new forum for cooperating on financial rules, an agreement that is due by the end of March.

“We agree that broad positive equivalence determinations would best meet the needs of practitioners in both the UK and the EU, but recognise that in many areas the EU is unlikely to grant these without the UK sacrificing more decision-making autonomy than equivalence is worth,” the lawmaker’s report said.

Important Data: UK CPI (YoY) (Feb) today at 3:00 this time estimated 0.8%, previously which was 0.7%. UK Services PMI (Mar) today at 5:30 previously which was 49.5. US Core Durable Goods Orders (MoM) (Feb) today at 8:30 this time estimated 0.6%, previously which was 1.3%. US Crude Oil Inventories today at 10:30 previously which was 2.396M.

Read Full Technical Analysis Report Click Here


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