Categories Finance

Gold Technical Analysis – Focus on the FOMC decision

Fundamental Overview Gold continues to pull back from the all-time highs although it’s not clear what has been driving it in the past few days. Despite lower real yields and a weaker US Dollar, gold couldn’t catch a strong bid to make a new all-time high. The market…

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Categories Finance

European stocks see a mixed mood to kick off the session

Eurostoxx -0.1% Germany DAX +0.2% France CAC 40 -0.3% UK FTSE +0.2% Spain IBEX -0.1% Italy FTSE MIB +0.1% US futures are also reflecting a mixed picture but perhaps more importantly, tech shares are keeping much steadier. Nasdaq futures are up 0.2% while Dow futures are down 0.2%.…

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Categories Finance

Tuttle Capital Proposes First-Ever Leveraged ETFs of TRUMP, MELANIA, Cardano, Others

Exchange-traded fund (ETF) provider Tuttle Capital Management is “testing the waters” of the crypto-friendly Trump administration with ten 2x leveraged ETF proposals to the U.S. Securities and Exchange Commission (SEC) on Monday, including those tracking Donald and Melania Trump’s official memecoins. Tuttle proposed the first-ever ETFs tracking 200%…

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Eurostoxx futures -0.1% in early European trading

German DAX futures -0.1% UK FTSE futures -0.2% This comes with S&P 500 futures seen down by just 0.1% on the day as well. After the heavy selling yesterday, there is still some slight pessimism in broader markets. Nasdaq futures are seen up 0.2% though, so are tech…

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Categories Finance

What are the main events for today?

The European session today is pretty empty on the data front with no market moving releases on the agenda. The main highlight is the US Consumer Confidence report in the American session. We will also get the US Durable Goods Orders but it’s not a market moving release…

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Categories Finance

France January consumer confidence 92 vs 90 expected

Prior 89 French household confidence rebounded to start the year, helped by easing of fears on unemployment. It is still keeping well below the long-term average of 100 though, so that continues to reflect softer sentiment as a whole for now. This article was written by Justin Low…

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