Asian stocks are trading slightly lower on Thursday ahead of Jerome Powell speech in Jackson Hole. Asian indices hover close to six-month highs as the rally in Wall Street continues
Job Title:
Forex Analyst
Home Location:
London, United Kingdom
Education:
Finance at Golden Gate University
Expertise:
Technical Analysis · forex · Stocks · Crypto · Writing
Knows About:
Technical Analysis · forex · Stocks · Crypto · Writing
Summary:
Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities
PositionForex Analyst
JoinedOct 07, 2021, 13:51 BST
Articles832
Nikolas Papas is a technical analyst of forex, stock market indices and commodities. His skills include technical analysis, forex, stocks, crypto and financial writing.
USDMXN rebounds today after the greenback gets a hand from better U.S. economic data. The U.S. Durable Goods Orders registered in at 11.2% well above the estimates of 4.3% in July.
S&P 500 started higher for one more day after better than expected Durable Goods Orders. The Durable Goods Orders came in at 11.2% well above the expectations
GBPUSD is muted today ahead of the critical speech by Jerome Powell in the Jackson Hole Symposium. Investors will look for signals on what measures the Fed will take to increase the inflation
Dax index trading higher in a cautious mood ahead of the Jerome Powell speech in Jackson Hole. Speculation that the German government is planning a new relief package helps stocks.
Asian indices retreat today as investors book some profits after the recent strong rally that drove Asian stocks close to two-year highs.
Ethereum price slide today giving up almost all gains since the August 13 breakout as investors book some profits off the table after the recent impressive rally in Ethereum
USDMXN slides today as the risk-on sentiment continues to push higher the risky assets as investors dumb the safe-haven assets and the USD
Dow Jones futures trading higher for the fourth straight session as the bullish momentum in Wall Street continues to drive stocks to record highs. Yesterday S&P 500 and Nasdaq ended to fresh all-time highs.
EURGBP pared early loses and now trades positive after Germany IFO business surveys beat the expectations. The Business Climate came in at 92.6, slightly better than the expectations of 92.2.
Asian stocks trading mostly higher on Tuesday as the optimism from the coronavirus vaccine spreads to stock markets around the globe.
FTSE 100 continues on positive foot for the second straight day as investors sentiment improves on positive news from China – USA trade agreement and the coronavirus front.