Macro & Central Banks
The Federal Reserve is expected to keep interest rates unchanged. Officials say policy is well-positioned, despite political frustration.
China is adding stimulus: cutting rates, reducing bank reserve requirements, and increasing gold reserves for the sixth month in a row.
Markets
U.S. stock futures are higher.
The U.S. dollar is recovering after three days of declines.
The U.S. and China will restart trade talks — the first since the Trump-era tariff war.
Companies
Novo Nordisk shares are rising on expectations of less competition for its obesity drug Wegovy.
WeightWatchers has filed for bankruptcy.
Earnings reports this morning: Walt Disney, Uber, Barrick Gold.
Earnings reports this afternoon: Arm Holdings, Occidental Petroleum, Carvana, Flutter.
Key Support and Resistance Levels
Resistance Level 1: 20,190
Resistance Level 2: 20,510
Resistance Level 3: 20,930
Support Level 1: 19,330
Support Level 2: 19,020
Support Level 3: 18,570
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
The Federal Reserve is expected to keep interest rates unchanged. Officials say policy is well-positioned, despite political frustration.
China is adding stimulus: cutting rates, reducing bank reserve requirements, and increasing gold reserves for the sixth month in a row.
Markets
U.S. stock futures are higher.
The U.S. dollar is recovering after three days of declines.
The U.S. and China will restart trade talks — the first since the Trump-era tariff war.
Companies
Novo Nordisk shares are rising on expectations of less competition for its obesity drug Wegovy.
WeightWatchers has filed for bankruptcy.
Earnings reports this morning: Walt Disney, Uber, Barrick Gold.
Earnings reports this afternoon: Arm Holdings, Occidental Petroleum, Carvana, Flutter.
Key Support and Resistance Levels
Resistance Level 1: 20,190
Resistance Level 2: 20,510
Resistance Level 3: 20,930
Support Level 1: 19,330
Support Level 2: 19,020
Support Level 3: 18,570
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.