Forwarded from Pepperstone - Global Markets
Five things traders need to know today
😟 US stocks were hit hard on Tuesday on fears of Russia’s intensifying invasion of Ukraine and the economic outlook. All S&P 500 sub-sectors were in red except for energy, with financial -3.71%. Major European indices tumbled around 3% - 4% as the EU economy is highly sensitive to the geopolitical risks and sanctions on Russia.
🆙 WTI crude (SpotCrude) pushed higher to $107.84, the highest since September 2013, despite IEA releasing 60 million barrels of oil. OPEC+ is set to announce its output plan today. Natural Gas futures in Europe +23%. Gold closed at a 13-month high of $1,944.96 and Bitcoin climbed above $43,000.
🤑 The US dollar index (USDX) regained 97 on haven demands. The yield on 10-year Treasury was sharply lower at 1.719% as a 50 bp rate hike in the March meeting is off the table, with Powell’s testimony the key to watch today. US manufacturing activity was stronger than expected in February.
🇪🇺 EUR ended lower at 1.1123, having broken below 1.10 in the session amid the risk-off mood. German’s 10-year bond yield fell back into negative territory. GBP slumped to 1.3324. JPY was the only G10 currency that outperformed overnight.
⬇️ The losses in commodity currencies were limited overnight. AUD edged lower to 0.7253 after the RBA left interest rates unchanged due to the slower wage growth. NZD was down to 0.6755. USDCAD jumped to 1.2741 ahead of the BoC meeting. A 25bp rate hike is widely expected as Canada Q4 GDP beat estimates at 6.7%.
😟 US stocks were hit hard on Tuesday on fears of Russia’s intensifying invasion of Ukraine and the economic outlook. All S&P 500 sub-sectors were in red except for energy, with financial -3.71%. Major European indices tumbled around 3% - 4% as the EU economy is highly sensitive to the geopolitical risks and sanctions on Russia.
🆙 WTI crude (SpotCrude) pushed higher to $107.84, the highest since September 2013, despite IEA releasing 60 million barrels of oil. OPEC+ is set to announce its output plan today. Natural Gas futures in Europe +23%. Gold closed at a 13-month high of $1,944.96 and Bitcoin climbed above $43,000.
🤑 The US dollar index (USDX) regained 97 on haven demands. The yield on 10-year Treasury was sharply lower at 1.719% as a 50 bp rate hike in the March meeting is off the table, with Powell’s testimony the key to watch today. US manufacturing activity was stronger than expected in February.
🇪🇺 EUR ended lower at 1.1123, having broken below 1.10 in the session amid the risk-off mood. German’s 10-year bond yield fell back into negative territory. GBP slumped to 1.3324. JPY was the only G10 currency that outperformed overnight.
⬇️ The losses in commodity currencies were limited overnight. AUD edged lower to 0.7253 after the RBA left interest rates unchanged due to the slower wage growth. NZD was down to 0.6755. USDCAD jumped to 1.2741 ahead of the BoC meeting. A 25bp rate hike is widely expected as Canada Q4 GDP beat estimates at 6.7%.
Forwarded from Pepperstone - Global Markets
Five things traders need to know today
😃 US stocks extended the winning streak Tuesday on growing hope for Russia-Ukraine ceasefire, ignoring the recession signal from the bond market. Major European and Asian indices closed higher, with China’s benchmark CSI300 -0.35% as Shanghai, China’s largest city and financial hub, is under lockdown.
🔽 Gold broke below $1,900 in the session before closing at $1919.45. WTI crude (SpotCrude) rebounded to $106.70. Bitcoin failed to break above the 200-day SMA and edged lower to $47,428.
💰 The US dollar index (USDX) slumped to 98.40, the first loss in the last five sessions. The yield on 10-year Treasury briefly dropped below the yield on 2-year Treasury for the first time since September 2019, with some other segments of the yield curve also flattening or inverting.
💶 EUR jumped nearly 1% to 1.1086 on constructive geopolitical headlines. German 2-year bond yield rose sharply and rate markets priced in a 67bp hike by December. GBP was nearly unchanged at 1.3093. USDJPY eased back to 122.88.
🦘 AUD regained 0.75 handle on upbeat retail sales data in February. The Australian government is set to reduce the soaring living cost by some tax cut measures, according to the federal budget. NZD was up to 0.6934 and CAD remained strong against the dollar at 1.2502.
😃 US stocks extended the winning streak Tuesday on growing hope for Russia-Ukraine ceasefire, ignoring the recession signal from the bond market. Major European and Asian indices closed higher, with China’s benchmark CSI300 -0.35% as Shanghai, China’s largest city and financial hub, is under lockdown.
🔽 Gold broke below $1,900 in the session before closing at $1919.45. WTI crude (SpotCrude) rebounded to $106.70. Bitcoin failed to break above the 200-day SMA and edged lower to $47,428.
💰 The US dollar index (USDX) slumped to 98.40, the first loss in the last five sessions. The yield on 10-year Treasury briefly dropped below the yield on 2-year Treasury for the first time since September 2019, with some other segments of the yield curve also flattening or inverting.
💶 EUR jumped nearly 1% to 1.1086 on constructive geopolitical headlines. German 2-year bond yield rose sharply and rate markets priced in a 67bp hike by December. GBP was nearly unchanged at 1.3093. USDJPY eased back to 122.88.
🦘 AUD regained 0.75 handle on upbeat retail sales data in February. The Australian government is set to reduce the soaring living cost by some tax cut measures, according to the federal budget. NZD was up to 0.6934 and CAD remained strong against the dollar at 1.2502.
Forwarded from Pepperstone - Global Markets
Five things traders need to know today
↕️ US stocks ended the final day of the quarter lower on worries of the highest inflation rate (PCE) since 1983 and aggressive tightening from the FED. S&P 500 lost 5.5% in Q1 and Nasdaq -9% despite the rally in the second half of March. European and Asian indices closed in red.
🛢️ WTI plunged by nearly 6% as the Biden administration planned to release up to 180 million barrels of emergency oil supplies over six months. OPEC+ decided to stick with its plan to increase 430k bpd from May. Gold edged higher to $1,937.04 and Bitcoin wad down to $45,749.
🤑 The US dollar index (USDX) recaptured 98 handle, while the yield on 10-year Treasury eased back to 2.342%. Nonfarm payroll today is expected to see 490k more jobs created in April and unemployment rate down to 3.7%.
🇪🇺 EUR gave up Wednesday’s gains to close at 1.1065 amid risk-off mood. GBP was unchanged at 1.3143. USDJPY dropped for a third straight session to 121.69.
🔻 AUD consolidated around 0.7500 following the weak China PMI data while NZD was lower at 0.6934. USDCAD rebounded from a two-month low to above 1.2500. NOK led the decline in G10 currencies.
↕️ US stocks ended the final day of the quarter lower on worries of the highest inflation rate (PCE) since 1983 and aggressive tightening from the FED. S&P 500 lost 5.5% in Q1 and Nasdaq -9% despite the rally in the second half of March. European and Asian indices closed in red.
🛢️ WTI plunged by nearly 6% as the Biden administration planned to release up to 180 million barrels of emergency oil supplies over six months. OPEC+ decided to stick with its plan to increase 430k bpd from May. Gold edged higher to $1,937.04 and Bitcoin wad down to $45,749.
🤑 The US dollar index (USDX) recaptured 98 handle, while the yield on 10-year Treasury eased back to 2.342%. Nonfarm payroll today is expected to see 490k more jobs created in April and unemployment rate down to 3.7%.
🇪🇺 EUR gave up Wednesday’s gains to close at 1.1065 amid risk-off mood. GBP was unchanged at 1.3143. USDJPY dropped for a third straight session to 121.69.
🔻 AUD consolidated around 0.7500 following the weak China PMI data while NZD was lower at 0.6934. USDCAD rebounded from a two-month low to above 1.2500. NOK led the decline in G10 currencies.
Forwarded from Pepperstone - Global Markets
Five things traders need to know today
📉 US major equity indexes were little changed last week but ended the first quarter sharply lower. The inverted yield curve and Russia/Ukraine uncertainty continue to weigh on market sentiment. Tesla, which surged nearly 50% in the last three weeks, announced a record delivery in Q1. European and Asian indices closed the week mixed.
🌟Gold dropped to $1,924.19 Friday amid the rising Treasury yields. WTI and Brent plunged more than 10% for the week after the Biden administration planned to release up to 180 million barrels of reserve oil. Crude prices opened lower today, with more IEA members joining the US to increase supply. Ethereum climbed above the 200-day SMA.
💲 The US dollar index (USDX) ended the week lower. Solid job report last Friday further lifted the rate hike expectation in the coming months and triggered a big jump in front end yield. USDJPY rallied for a fourth straight week to 122.55.
💶 EUR finished the week slightly higher at 1.1045, with EU inflation rate hitting another record high of 7.5% in March. GBP was lower at 1.3110. The BoE governor is set to speak today.
🔻 Commodity linked currencies underperformed last week. AUD consolidated near the five-month high just below 0.7500. The BRA rate decision is due on Tuesday. NZD slumped to 0.6917. CAD weakened to 1.2515 per dollar.
📉 US major equity indexes were little changed last week but ended the first quarter sharply lower. The inverted yield curve and Russia/Ukraine uncertainty continue to weigh on market sentiment. Tesla, which surged nearly 50% in the last three weeks, announced a record delivery in Q1. European and Asian indices closed the week mixed.
🌟Gold dropped to $1,924.19 Friday amid the rising Treasury yields. WTI and Brent plunged more than 10% for the week after the Biden administration planned to release up to 180 million barrels of reserve oil. Crude prices opened lower today, with more IEA members joining the US to increase supply. Ethereum climbed above the 200-day SMA.
💲 The US dollar index (USDX) ended the week lower. Solid job report last Friday further lifted the rate hike expectation in the coming months and triggered a big jump in front end yield. USDJPY rallied for a fourth straight week to 122.55.
💶 EUR finished the week slightly higher at 1.1045, with EU inflation rate hitting another record high of 7.5% in March. GBP was lower at 1.3110. The BoE governor is set to speak today.
🔻 Commodity linked currencies underperformed last week. AUD consolidated near the five-month high just below 0.7500. The BRA rate decision is due on Tuesday. NZD slumped to 0.6917. CAD weakened to 1.2515 per dollar.
JUST IN!
United States Crude Oil Inventories now at 8.235M❗
#Commodities #Oil #Trading
Read here: 👉 https://bit.ly/3apkMY7
United States Crude Oil Inventories now at 8.235M❗
#Commodities #Oil #Trading
Read here: 👉 https://bit.ly/3apkMY7
Forwarded from Trading Tutorials Channel 📊📈📉
JUST IN!
United States Crude Oil Inventories now at 8.235M❗
#Commodities #Oil #Trading
Read here: 👉 https://bit.ly/3apkMY7
United States Crude Oil Inventories now at 8.235M❗
#Commodities #Oil #Trading
Read here: 👉 https://bit.ly/3apkMY7
Forwarded from IC Markets Traders Channel
Click these links for our recommended brokers, their facebook pages and facebook groups. 🎉🤗
Forwarded from Pepperstone - Global Markets
Weekly Technical Wrap: https://youtu.be/lVD5ByebMG0
YouTube
Pepperstone Friday Technical Analysis Wrap - 9th September 2022
Hi traders and welcome to the technical Analysis Wrap on Friday the 9th of September.
We've seen some really good moves this week. A lot of the key levels have been hit and we've seen a rebound of sorts on most of the majors this week.
So we'll jump straight…
We've seen some really good moves this week. A lot of the key levels have been hit and we've seen a rebound of sorts on most of the majors this week.
So we'll jump straight…
Hello Everyone! Join us in our journey towards algorithmic trading here at Quantalpha Algorithms!
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👇👇👇 https://solo.to/quantalphaalgorithms
solo.to
Quantalpha Algorithms (/quantalphaalgorithms) · solo.to
Revolutionizing Financial Markets Trading Through Quantitative Approach in Generating Alpha Returns!
The Next Renaissance Technologies
The Next Renaissance Technologies
Forwarded from Trading Tutorials Channel 📊📈📉
Hello Everyone! Join us in our journey towards algorithmic trading here at Quantalpha Algorithms!
👇👇👇 https://solo.to/quantalphaalgorithms
👇👇👇 https://solo.to/quantalphaalgorithms
solo.to
Quantalpha Algorithms (/quantalphaalgorithms) · solo.to
Revolutionizing Financial Markets Trading Through Quantitative Approach in Generating Alpha Returns!
The Next Renaissance Technologies
The Next Renaissance Technologies
TO ALL:
We will going to delete our YouTube channel in the next days for some reason.
All of the videos there will be reuploaded on our new YouTube channel --- QUANTALPHA ALGORITHMS 👇👇👇 https://www.youtube.com/channel/UCJXp6f-3bhdN1kI57Kr8HSQ?sub_confirmation=1
We're glad to have you here, and we're hoping that you'll also subscribe to quantalpha algorithms and let's all have a healthy trading community there!
This is not a goodbye, but see you soon!
Until the last time, may our trades be great! 📈📈
-The Engineer Trader
We will going to delete our YouTube channel in the next days for some reason.
All of the videos there will be reuploaded on our new YouTube channel --- QUANTALPHA ALGORITHMS 👇👇👇 https://www.youtube.com/channel/UCJXp6f-3bhdN1kI57Kr8HSQ?sub_confirmation=1
We're glad to have you here, and we're hoping that you'll also subscribe to quantalpha algorithms and let's all have a healthy trading community there!
This is not a goodbye, but see you soon!
Until the last time, may our trades be great! 📈📈
-The Engineer Trader
TO ALL:
We will going to delete our YouTube channel in the next days for some reason.
All of the videos there will be reuploaded on our new YouTube channel --- QUANTALPHA ALGORITHMS 👇👇👇 https://www.youtube.com/channel/UCJXp6f-3bhdN1kI57Kr8HSQ?sub_confirmation=1
We're glad to have you here, and we're hoping that you'll also subscribe to quantalpha algorithms and let's all have a healthy trading community there!
This is not a goodbye, but see you soon!
Until the last time, may our trades be great! 📈📈
-The Engineer Trader
We will going to delete our YouTube channel in the next days for some reason.
All of the videos there will be reuploaded on our new YouTube channel --- QUANTALPHA ALGORITHMS 👇👇👇 https://www.youtube.com/channel/UCJXp6f-3bhdN1kI57Kr8HSQ?sub_confirmation=1
We're glad to have you here, and we're hoping that you'll also subscribe to quantalpha algorithms and let's all have a healthy trading community there!
This is not a goodbye, but see you soon!
Until the last time, may our trades be great! 📈📈
-The Engineer Trader
Forwarded from Trading Tutorials Channel 📊📈📉
TO ALL:
We will going to delete our YouTube channel in the next days for some reason.
All of the videos there will be reuploaded on our new YouTube channel --- QUANTALPHA ALGORITHMS 👇👇👇 https://www.youtube.com/channel/UCJXp6f-3bhdN1kI57Kr8HSQ?sub_confirmation=1
We're glad to have you here, and we're hoping that you'll also subscribe to quantalpha algorithms and let's all have a healthy trading community there!
This is not a goodbye, but see you soon!
Until the last time, may our trades be great! 📈📈
-The Engineer Trader
We will going to delete our YouTube channel in the next days for some reason.
All of the videos there will be reuploaded on our new YouTube channel --- QUANTALPHA ALGORITHMS 👇👇👇 https://www.youtube.com/channel/UCJXp6f-3bhdN1kI57Kr8HSQ?sub_confirmation=1
We're glad to have you here, and we're hoping that you'll also subscribe to quantalpha algorithms and let's all have a healthy trading community there!
This is not a goodbye, but see you soon!
Until the last time, may our trades be great! 📈📈
-The Engineer Trader
TO ALL:
We will going to delete our YouTube channel in the next days for some reason.
All of the videos there will be reuploaded on our new YouTube channel --- QUANTALPHA ALGORITHMS 👇👇👇 https://www.youtube.com/channel/UCJXp6f-3bhdN1kI57Kr8HSQ?sub_confirmation=1
We're glad to have you here, and we're hoping that you'll also subscribe to quantalpha algorithms and let's all have a healthy trading community there!
This is not a goodbye, but see you soon!
Until the last time, may our trades be great! 📈📈
-The Engineer Trader
We will going to delete our YouTube channel in the next days for some reason.
All of the videos there will be reuploaded on our new YouTube channel --- QUANTALPHA ALGORITHMS 👇👇👇 https://www.youtube.com/channel/UCJXp6f-3bhdN1kI57Kr8HSQ?sub_confirmation=1
We're glad to have you here, and we're hoping that you'll also subscribe to quantalpha algorithms and let's all have a healthy trading community there!
This is not a goodbye, but see you soon!
Until the last time, may our trades be great! 📈📈
-The Engineer Trader
