Money funds have reached an all-time high of $6.24 trillion in assets, evidencing investor caution in the face of an uncertain economic environment. Despite recommendations to rotate into longer duration bonds due to impending interest rate cuts by the Federal Reserve, many investors and companies are keeping their capital in money market funds for safety, with...
Today, Wednesday, investors are watching two key events that could influence the financial markets: Nvidia's (NASDAQ: NVDA) results and Bitcoin (BTC) volatility.
1. Nvidia's results: Nvidia will release its financial results today, with expectations of exceeding $28 billion in revenue. The company is crucial in the semiconductor sector, with its technology...
The Madrid Stock Exchange has recently stood out as the most bullish in Europe in 2024, with the IBEX 35 up 11.5% so far this year. This growth has been driven by expectations of global interest rate cuts and optimism around corporate earnings, especially in the United States. Shares of Spanish companies such as Iberdrola and Inditex have reached record highs,...
After closing the session on Monday 26.08 up 1.13%, the share is now on a key level.
What's more, the downtrend line was broken yesterday.
The 63 level, which has acted as resistance for several sessions now, is once again under attack by investors. This level is also the one most traded by investors since the April-August period, with a POC of volume present on...
The index is just a few points of its all-time high after a 3-week bull rally following the sell-off between August 1 and 5.
With a high of 41,409 and a current price of 41,231, this afternoon's US session could be decisive for the index.
In this last week of August, the US industrial index could pave the way for a new record high before heading into September,...
Today, Asian stock markets presented mixed results, driven by expectations of lower interest rates in the United States, with a strong emphasis on the Japanese market, where the Nikkei 225 and also the TOPIX fell by almost 1%. This decline was mainly due to the strength of the yen, which negatively affected export and technology stocks. The pressure on the Nikkei...
The Ibex 35 has started the week strongly, rising 0.7% and reaching 11,150 points, consolidating its position as the most bullish index in Europe in 2024 with a year-to-date increase of 10.45%. Surpassing 11,000 points reinforces the bullish trend of the Spanish market, and today it has broken 11,150 points. The RSI is oversold at 63.15%, and the checkpoint (POC)...
USD/JPY could experience volatility due to recent developments in Japan. Japanese stock markets rallied following a positive PMI in the services sector, indicating sustained growth and supporting the possibility that the Bank of Japan will raise interest rates. This prospect of tighter monetary policy could strengthen the yen against the dollar. However, weakness...
European markets have opened with signs of stability on Wednesday, with investors attentive to the minutes of the latest US Federal Reserve meeting, which could offer key signals on future monetary policies. EUR/USD has shown some caution on the day, although it broke out of its sideways range yesterday, pushing towards the yearly highs of 1.1390, reflecting...
• Capital Inflows: More than $16 billion has flowed into the S&P 500 this month, reversing a recent trend of risk aversion.
• Economic Data: Stability in the producer price index (PPI) and a consumer price index (CPI) in line with expectations have boosted investor confidence.
• Inflation and Rates: Positive macroeconomic data has eased fears of prolonged...
Chinese and U.S. delegations have met in Shanghai for the fifth session of the joint financial working group, addressing key issues such as monetary policy and the resilience of financial institutions. In parallel, Asian stocks have rallied and the dollar has weakened, buoyed by hopes that the U.S. economy will avoid a recession and expectations of interest rate...
• European Stock Exchange: EuroStoxx50 is up 0.4% at the open, and is considered to have failed to reach its optimal buy point of 4,400 points. Meanwhile, the IBEX35 has stagnated at 0.1%. European indices as a whole have advanced +2.5% since Monday.
• Debt market: The US 10-year bond is at 3.9% and the German 10-year bond is above 2.25%, while Spanish bonds...
U.S. and European stock markets have staged a significant rebound on Wednesday, with gains between 3% and 6% from the lows of “panic Monday” in early August. The Nasdaq 100 has led the gains on Wall Street, up 6.5%, while the S&P 500 is up 5.1%. However, both indexes continue to show losses so far this month. Slowing inflation has bolstered bets for a September...
Investors have been focused on July inflation data. The headline rate has been expected to remain at 3.0% and the core rate to rise to 3.2%. Despite a difficult start to August, the bull market in stocks has been able to continue. The possibility that the Federal Reserve will cut interest rates next month, coupled with recent lower-than-expected inflation data,...
The oil market has been caught between two opposing forces. OPEC has revised down its demand expectations, citing a slowdown in the Chinese economy, which has put downward pressure on prices. However, geopolitical tensions in Ukraine and the Middle East have added to uncertainty, pushing prices higher.
Brent has surpassed $80 per barrel, influenced by conflicts...
European stocks, led by the EuroStoxx 50, could end the week in positive territory despite a volatile start marked by significant declines. The observed recovery has alleviated recession fears and stabilized the markets, although the EuroStoxx 50 remains in a consolidation phase that has lasted for four months. Recent drops in the index present a buying...
Oil prices have risen for the third consecutive day, driven by rising tensions in the Middle East and a significant decline in U.S. crude inventories. Brent crude rose to $78.39 per barrel, while West Texas Intermediate settled at $75.39. Concerns intensified after the assassination of militant leaders in the Middle East, generating speculation about possible...
The current structure of the market suggests a "buy the dip" or V-shaped recovery after the sell-offs on Friday and early Monday.
Technically, the index is at the upper end of its range, suggesting that buying pressure is firmly in place and could open the way for new gains. The targets are clear: if the upper limit of the range is broken, the 38% Fibonacci...
