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Financial Markets & Stock Market Technical Analysis | Capital Street Fx

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  Asian shares climbed to a record high on Wednesday. The Shanghai composite is up 0.15% at 3,570.99. Overall, the Singapore MSCI down 0.34% at 340.45. Over in Hong Kong, the Hang Seng Index up 0.61% to 29,795. In Japan, the Nikkei 225 down 0.73% at 28,460, while the Topix index is down 0.70% at 1843.5. South Korea’s Kospi up 0.40% to 3105.04. Australia S&P/ASX 200 up 0.49% at 6775.6. European equities Tuesday closing. The DAX futures contract in Germany traded 0.24% down at 13815.06, CAC 40 futures down 0.33% at 5598.6 and the UK 100 futures contract in the U.K. down 0.02% at 6,735.1. In U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.38% at 30930.5 the S&P 500 up 0.81% to 3798.9 and the Nasdaq 100 up 0.07% at 13053.7, NYSE closes at 14987.34 up 0.63%. In the Forex market, GBPUSD up 0.22% at 1.36518. The USDJPY down 0.13% at 103.762. The USDCHF down 0.01% at 0.88799. EURUSD up 0.10% at 1.21411, EUR/GBP down 0.02% at 0.88927. The USD/CNY down 0.14% at 6.46...

Research Report – 10 th September 2020

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  Britain’s recovery from the coronavirus pandemic continued as shops reopened and manufacturing activity resumed, but the economy has grown slowly. GDP now stands at 18.6% which is a little higher than the previous low ebb in April. However, it remains 11.7% below the levels indicated in February 2020 before the infection transmission to Britain. European stock markets were opened mixed on Friday, with investors having an eye on a comparatively optimistic ECB and new weakened statistics of the Wall Street. The pan-European Stoxx 600 declined by 0.91% to 367.12. In the Cash Markets, the CAC 40 was trading lower by 0.38% at 5028.43 and the DAX declined by 0.26% to 13,202. Euro Stoxx 50 declined 0.36% to 3,312.09, at the time of writing. Stocks in Asia-Pacific were trading mixed in early trade session today as the drop in the movement of the regional technology stock sector stateside. Mainland  Chinese stocks  were also mixed by the afternoon, with the shanghai compost...

DAILY TECHNICAL ANALYSIS | CAPITAL STREET FX | FOREX NEWS | DAILY REPORT ON SEPTEMBER-10-2020

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  Overnight on Wall Street, the Dow Jones Industrial Average closed 439.58 points higher at 27,940.47.  The S&P 500 jumped 2% to 3,398.96 and the Nasdaq Composite advanced 2.7% to 11,141.56. The U.S. Treasury department will auction $23 billion of 30-year bonds later in the day, along with $30 billion of 4-week bills and $35 billion of 8-week bills. Stocks in Asia-Pacific were trading mixed in the early trade session today following the drop in the shares of Indonesia and China. Mainland  Chinese stocks  were flat in the afternoon trading, with the Shanghai composite down 0.22% while the Shenzhen component slid 0.459%. Shares of Yum China slipped more than 3% from their issue price following the stock’s issue. Hong Kong’s Hang Seng Index was 0.17% higher. The Nikkei 225 in Japan rose 0.88% to close at 23,235.47, while the Topix index advanced 1.21% to end its trading da...