Tag Archives: Indices

indices

South Korea’s KOSPI rally tests 10,000 as AI boom meets labour and redistribution risks

KOSPI surges on AI, sparking debate over inequality, housing, taxes, strikes, and 10,000 target hopes.

Turkey’s Budget Deficit Widens in April, Pressuring Lira and Raising Rate-Hike Risks

Turkey’s budget deficit widened in April, with the balance falling to -338.7B from -229.9B previously.

Italy inflation undershoots forecasts, bolstering ECB cut bets and weighing on the euro

Italy’s CPI rose 2.7% year-on-year in April, slightly below the 2.8% forecast, easing inflation.

US stock futures slip as Middle East tensions, rising yields and Fed leadership shift weigh on sentiment

U.S. stock futures fell in Europe; Middle East tensions, inflation fears, Fed changes, and higher yields weighed.

CrowdStrike nears $600 resistance as AI breach fears fuel rally; $560 support in focus

CRWD rallies 59%, retesting $600.75 resistance; pullback risk toward $566–$560 support, breakout targets $650.

Dow futures eye 50,000 as hot inflation and new Fed chair prospects lift hedging demand

DJIA futures topped 50,000 as stocks hit records; hot PPI/CPI, strong sales, and no Fed cuts.

Cisco surges on AI hyperscaler demand, reviving dotcom echoes as options traders eye upside

Cisco surges 15% on AI hyperscaler demand, boosts guidance; eyes $9B orders, key levels $113-$139.

US Inventories Top Forecast as Flat Retail Sales Stoke Volatility, Fed Rate Timing Unclear

US business inventories rose 0.9% in March, beating the 0.8% forecast and signaling slightly higher stock levels.

Nvidia jumps as US clears H200 chip sales to China, extending rally towards $240

Nvidia rises premarket as US approves H200 chip imports to China; seventh straight gain possible; markets mixed.

Pool Corp seen extending wave (II) decline towards $123 support before next bullish wave (III)

POOL remains in bullish Elliott Wave; wave (II) correction ongoing, may drop toward 123 before wave (III).