Page 9 - Key Talking Points News Today

The Spanish stock market is struggling to see much upside as the economic outlook remains unsure

XAU/USD: Inflation Expectations Hint at Gold as Best Store of Value Key Talking Points: Elon Musk suggests moving away from US Dollar as a store of value The price of gold has been shining in the last few sessions as the precious metal picks up bullish momentum and rises 3.5% since its lowest level seen last Thursday. US Dollar weakness is a key factor behind the recent strength in dollar-denominated assets, but gold may also be benefiting from a fall in economic expectations after weaker than...

FTSE 100 Forecast: Mean-Reverting at Current Range as Fundamentals Play Out Key Talking Points: Increasing inflation expectations and low real yields offer risk-on conditions Covid-19 continues to pose a significant risk FTSE 100 Daily chart On the one hand, a risk-on mentality has returned to markets as inflation expectations rise rapidly whilst real yields remain mostly unchanged, creating the perfect environment for investors to assume that stocks and non-yielding assets will outperform saf...

Equity markets continue to head higher as vaccine hopes keep sentiment supported

FTSE 100 Forecast: Lagging its Peers on Lacklustre Earnings and Silver Correction Key Talking Points: UK coronavirus cases drop significantly, but South African variant poses a threat BP undershoots earnings and silver miners retreats from yesterday’s rally The London blue-chip index is attempting to push higher again this morning after clearing the 61.8% Fibonacci at 6,489, a significant resistance area, holding on to wider bullish sentiment following through from Asia. That said, the index ...

DAX 30 Brushes Off Retail Figures as Bullish Sentiment Returns Key Talking Points: European equities head higher to start the month of February as retail investors continue to target specific assets Germany threatens legal action against AstraZeneca Bullish sentiment has returned to equity markets to start the month of February as retail traders continue to target specific assets to prop up their value. The realization of the ability to inflict damage by a herd mentality saw investors flock to ...

DAX 30 Pressured to the Downside as Volatility Becomes an Issue Key Talking Points: Speculative trading causes a spike in volatility followed by a risk-off move The DAX 30 is struggling to recover from yesterday’s selloff as risk-off sentiment took control of the markets. The ongoing coronavirus pandemic continues to be a big concern for investors, but yesterday’s price action was mostly driven by a spike in volatility in US equity markets. A sudden surge in buying interest in some stocks ...

DAX 30 Attempts to Push Higher, EUR/USD Hovering Above Key Support Key Talking Points: DAX 30 tests the lower bound of its range Market sentiment: volatility has returned to US markets as a swarm of retail investors seem to be working together to prop up US equities ahead of key earnings being released. The latest stock to fall victim to excessive speculation is GameStop, jumping from $19 to over $160 in just two weeks, before dropping back down to $80 within a matter of minutes, causing a shor...

The 7-day rolling average remains above 20,000 in France despite strict measures to try and contain the virus

DAX 30 Forecast: PMIs Provide no Solace as Investors Look for Guidance Key Talking Points: DAX 30 continues to lack directional as it converges towards 13,830 PMIs show a lack of positive sentiment in the economy, with further sentiment gauges released next week The DAX hasn’t really done much in the last few weeks as it continues to converge at the 13,830 mark. The lack of bullish support has left the index consolidating between the all-time -high at 14,140 and the horizontal support at 13,5...