Dow Jones index

Week Ahead: US30 set for wild Wednesday

Fri, 10 Jan 2025 10:46:12 +0000

Week Ahead: US30 set for wild Wednesday Lukman.Otunuga… Fri, 01/10/2025 - 12:46

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High-risk events could shake FXTM’s US30 out of its slumber next week. Key data including the US CPI report and earnings announcements from big US banks may provide fresh trading opportunities:

Week Ahead: US30 ripe for a steep pullback?

Fri, 04 Oct 2024 09:02:07 +0000

*Note: This report was written before the US NFP data was published*

US30 ↑ 8% in Q3

April only negative trading month in 2024

Geopolitics, US CPI & big bank earnings in focus

Over past year, US CPI triggered ↑ 0.7% & ↓ 0.8% Read More

Week Ahead: US30 index still sensitive to US recession fears

Fri, 09 Aug 2024 09:31:05 +0000

Markets still obsessed with deciphering US recession risks
Home Depot, Walmart earnings offer pulse on US economy
Latest US inflation data also holds clues about Fed’s next moves
Economically-sensitive US30 stock index ready to punch above 50-day SMA resistance Read More

Week Ahead: Will US30 hit 40,000 milestone?

Fri, 01 Mar 2024 11:51:21 +0000

US30 ends Feb over 2% higher

Index set to be rocked by high risk-events

Watch out for Powell Testimony + NFP report

Bulls in control on D1/W1 timeframe

Key level of interest at 39300

The extraordinary list of high-risk events could inject Read More

US30 aiming for new all-time highs?

Wed, 07 Feb 2024 10:45:25 +0000

US30 trapped within range

Index could see increased volatility

RSI signals negative divergence

Potential breakout on horizon

Two potential targets for WSt30m_index

Thu, 13 Jul 2023 09:52:29 +0000

WSt30_m index posted new 2023 intraday high on Wednesday
Markets cheered yesterday's lower-than-expected US inflation data
JPMorgan and other big US banks to unofficially kick off US earnings season on Friday
WSt30_m bulls may next aim for 335374 and 36470, as long as risk-on sentiment holds

Fed's stress test to mess with WSt30_m?

Wed, 28 Jun 2023 08:59:11 +0000

Fed to release bank stress test results after US markets close today
2023’s test comes after several US banks, including SVB, collapsed in March
WSt30_m index may be dragged lower on weaknesses uncovered/tighter capital rules for US banks

Investors and traders in US banking stocks are awaiting key news that could Read More

Mid-Week Technical Outlook: US Indices In Focus

Wed, 29 Mar 2023 10:43:03 +0000

European shares pulsed with life on Wednesday, echoing the upbeat mood in Asian markets after Chinese tech giant Alibaba announced it will split into six business groups.

Easing concerns over the banking sector has contributed to the overall risk-on mood with US futures signalling a positive open. After the chaos witness over the past few weeks, it seems like a sense of normality has returned to markets with the attention back on key economic data and risk events. The next few days could be even more eventful, especially Read More

Equities plunge as selling returns to risk markets

Thu, 19 May 2022 07:31:45 +0000

US equities tumbled on Wednesday as they suffered their worst day since the early months of the pandemic in June 2020. The benchmark S&P500 fell 4% with 98% of stocks declining.

The tech-heavy Nasdaq tumbled 5% and the Dow lost 3.5%, closing at its lowest level since March 2021. Weak Read More

What does the Fed say? What does it mean for the US dollar, gold, and US stocks?

Thu, 17 Mar 2022 12:13:23 +0000

Hike, hike, hike, hike, hike, hike, and hike.

The Fed has just informed markets that policymakers are coming out guns blazing in the fight against inflation. They raised interest rates in the US by 25 basis points on Wednesday, their first hike since December 2018, and signaled they’re set to hike further at each of their 6 remaining scheduled meetings in 2022.

And then they’ll likely hike a few times more in 2023 as well, potentially bringing rates closer to 2.8% by the end of next year.

Overall, this was seen as a very Read More