Tag Archives: Indices
indices
ICE shares consolidate in triangle, with Elliott Wave correction eyeing 133 support before renewed uptrend
ICE remains bullish long-term; wave ((4)) A-B-C with triangle in (B) implies further (C) drop toward 133.36.
US ex-autos retail sales beat forecasts, damping rate-cut bets and fuelling higher-for-longer concerns
April US retail sales excluding autos rose 0.7% month-on-month, beating forecasts of a 0.6% gain.
US stock futures edge higher as tech gains offset surging PPI and trade talks in focus
U.S. stock futures rose as tech stocks rallied, despite hotter April producer inflation, ahead of Trump-Xi talks.
India WPI inflation jumps to 8.3% in April, stoking bets on RBI rate rise
India’s April WPI inflation hit 8.3%, far above the 4.4% forecast, surprising markets, FXStreet reports.
Dollar Firms as Fed Hike Bets Return
USDX holds near 98.4 as hot inflation, Fed hike bets and Trump-Xi talks drive dollar demand.
UK Services Beat Forecasts, Dimming Summer BoE Cut Bets and Lending Support to Sterling
UK services index rose 0.8% in March, beating forecasts of 0.6% by 0.2 percentage points.
Wall Street hits record highs as Trump–Xi summit focus lifts AI leaders and options activity
Stocks hit record highs as investors focused on Trump–Xi summit; NVIDIA led AI gains, options boosted momentum.
Germany’s Current Account Surplus Rises to €23.6bn, Underpinning Euro and Exporter-Led DAX Gains
Germany’s non-seasonally adjusted current account balance increased to €23.6bn in March from €22bn, rising €1.6bn.
US PPI jumps 1.4% in April, reigniting higher-for-longer rate fears and market volatility
US producer prices jumped 1.4% in April, far above the 0.5% forecast, overshooting estimates by 0.9 points.
Global equities edge lower as semiconductor rally pauses and investors rotate into defensive sectors
Global equities slipped 0.3% as chip stocks fell; defensives led gains, while Asia mostly rose.
