EURO STOXX 50 Technical Outlook: Rally to Stall?
Breadth market indicators and technical charts suggest that the Euro Stoxx 50 index could have some more upside, albeit after a brief pause. What are the key levels to watch?
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Breadth market indicators and technical charts suggest that the Euro Stoxx 50 index could have some more upside, albeit after a brief pause. What are the key levels to watch?
Technical charts and breadth market data suggest that the UK FTSE 100 index may have scope to rise further in the coming weeks/months. Where is the index headed??
The highest inflation in 40 years triggered the Federal Reserve to embark on aggressive tightening, raising interest rates to cool inflation. That came at the cost of equities.
After a wild ride in the third quarter, the S&P 500 is bracing for more volatility in the fourth quarter as the Federal Reserve is being forced to engineer an economic slowdown to bring down inflation.
The US Dollar might resume its push higher against the Chinese Yuan. The divergence between the Fed and PBOC, as well as worsening domestic economic woes, offer USD/CNH upside potential.