Page 10 - Key Talking Points News Today

Bitcoin struggles to push above key resistance as price consolidation continues

IBEX 35 Forecast: Price Consolidates as European Equities Struggle to Keep Up Key Talking Points: IBEX 35 remains trapped between Fibonacci levels Whilst general market sentiment seems to be in favor of a risk-on move this week, European equities are struggling to keep up with positive momentum as the virus continues to be a significant risk factor. Germany has seen 1,734 coronavirus related deaths in the last 24 hours, its highest level since the start of the pandemic back in March, and Angela...

FTSE 100 Forecast: Vulnerable Below 6,800 Despite Ascending Channel Key Talking Points: Global equities are pushing higher this morning ahead of Yellen’s address to US policymakers The UK sees a small reduction in new infection and death rates and could see lockdown measures eased in April FTSE 100 fails to take full advantage of bullish sentiment and remains trapped under the 6,800 mark There seems to be a risk-on move this morning in global markets after a strong finish to yesterday’s ses...

Germany considers tougher restrictions as the rapid spread of coronavirus continues

BTC/USD: Bitcoin Shruggs Off Lagardes Comments, Up Above 38,000 Key Talking Points: BTC/USD pushes higher but may lack support in the short-term Advertisement At an online event on Wednesday European Central Bank president Christine Lagarde said that bitcoin had facilitated “funny business” and it needs to be regulated at the international level. But the cryptocurrency wasn’t really fazed by this as it is not the first – or probably the last – time that more regul...

Equities continue to trade with caution as US CPI figures are expected to shed a light on inflation concerns

Find out the key levels to watch this week in the CAC and IBEX as global stocks trade with caution

DAX 30 Bounces Off All-Time High, EUR/USD Increases Bearish Momentum Key Talking Points: DAX 30 marks new all-time high above 14,000 Global stock markets had a positive run last week as a Democratic blue wave increased hopes that the Biden administration will introduce extra stimulus. And no time has the president-elect wasted on delivering what was expected from him, promising immediate payments of $2,000 to each American once he takes office on January 20th. Advertisement ...

British Pound (GBP) Latest: Negative Rates and New Lockdown Limit Downside in EUR/GBP Key Talking Points: EUR/GBP may continue to hover around the 38.2% Fibonacci The British Pound is gathering buyer support to end the week after a new national lockdown caused a pullback in the British currency at the start of the new year. GBP/USD has been hovering around the 1.36 line for the past few sessions after bullish momentum was rejected in an attempt to break above 1.37. But USD crosses are coming un...

UK shares push higher as news breaks of a Christmas Eve Brexit deal