Home About the company Daily reviews The U.S. dollar reverses losses; EU stock market rises

The U.S. dollar reverses losses; EU stock market rises

Commodities market

Oil prices rose today as supply shortages were strong enough to cancel out fears of slackening fuel demand. Brent crude rose 0.6%, and WTI crude rose 0.8%.

Key tickers:

Brent: 94.75 — neutral.

WTI: 89.20 — buy.

NG: 8.096 — strong sell.

Foreign exchange market

The U.S. dollar rose today, reversing previous heavy losses. The DXY index traded 0.2% higher at 105.785 after slumping 0.7%.

Key tickers:

NZD/JPY: 83.95 — buy.

EUR/USD: 1.0231 — neutral.

USD/JPY: 133.35 — strong buy.

USD/CAD: 1.2870 — strong buy.

GBP/USD: 1.2160 — strong buy.

Metals

Gold prices extended gains today despite slowing global growth. Losses of USD also helped metals. Spot gold was 0.05% up, and gold futures were 0.1% up today.

Key tickers:

XAU/USD: 1789.85 — strong buy.

XAG/USD: 20.169 — neutral.

XPT/USD: 937.70 — strong buy.

XPD/USD: 2090.35 — strong buy.

Crypto market

Bitcoin price declined today but held above $22,500 support and rose to the $23,100 level. Ethereum might gain bullish momentum in case of a move above $1,680.

Key tickers:

BTC: $23,185.8 — strong buy.

ETH: $1,662.59 — strong buy.

Neo: $11.4000 — strong buy.

Zcash: $67.70 — strong buy.

Stock market

European stock futures are higher today, boosted by positive quarterly earnings. The DAX futures traded 0.2% higher, CAC 40 futures climbed 0.1%, and the FTSE 100 futures rose 0.1%.

Key tickers:

  • indexes

S&P 500: 4,151.94 — strong buy.

Nasdaq 100 (NDX): 13,311.04 — strong buy.

Dow Jones Futures: 32,740.0 — strong buy.

DAX: 13,680.60 — strong buy.

  • Shares

Southwestern Energy Company #SWN: 6.490 — buy.

Apple #APPLE: 165.81 — strong buy.

Amazon #AMAZON: 142.57 — strong buy.

Tesla #TESLA: 925.90 — strong buy.

Meta Platforms Inc #FACEBOOK: 170.57 — strong buy.

Author: GC
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews
Log in Registration

Don't have your language?