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US500Cash

Analysis

Analysis - 3 days ago

Fed rate pause, Nvidia disappointment weigh on Wall Street - Stock Markets

Nvidia earnings fail to re-energize Wall Street bullsFed’s December rate cut hangs in the balanceGeopolitical risks also keep positive sentiment in checkNvidia beats earnings expectationsAI darling, Nvidia, delivered stellar earnings results on Wednesday after the market close, beating both revenue and earnings per share forecasts. The company also issued fourth quarter guidance that was above analysts’ estimates.However, investors had clearly set even higher expectations as the stock fell i
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Analysis - 3 days ago

Daily Comment – Nvidia fails to lift markets, dollar stands tall

Stocks remain directionless even after stellar earnings by NvidiaDeclining odds for December Fed rate cut weigh on marketsDollar holds near highs, yen rallies, Bitcoin soars to $97,000Nvidia can’t satisfy lofty expectationsEquity markets continue to trade with lackluster momentum, struggling for direction even after AI giant, Nvidia, announced outstanding third quarter earnings.
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Analysis - 5 days ago

Daily Comment – Stocks cautiously edge up amid geopolitical and inflation risks

Softer yields lift stocks despite Ukraine fears and rate cut doubtsGold extends rebound, oil also higher in choppy tradingDollar on the backfoot amid lack of direction as yen firmsStocks rebound but struggle for momentumEquity markets were in a perky mood on Tuesday as a recovery on Wall Street helped Asian stock markets advance, although European shares were more mixed.
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Analysis - 5 days ago

Volatility returns to normal levels after US election calmness – Volatility Watch

Euro/dollar volatility edged higherVolatility remains low in the commodities spaceStock indices experience average volatility despite selloffEuro/dollar volatility has edged higher, as the dollar continued to gain from Trump’s recent win, pushing the euro/dollar pair to a one-year low. Interestingly, last week's change in Fed Chair Powell’s stance regarding the timing of the next rate cuts did not materially benefit the dollar.
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Analysis - 1 week ago

Daily Comment – Wall Street loses more steam as Powell not in a hurry to cut rates

US stocks set for weekly loss as Powell adds to Fed’s hawkish soundbiteBut dollar unable to hit fresh highs; US retail sales eyed nextYen firms after verbal intervention; euro also reboundsDecember cut in doubt after Powell commentsFed rate cut expectations were dramatically pared back on Thursday after Fed chief, Jerome Powell, rounded up the week’s hawkish rhetoric by adding to the sense of caution about the pace of easing.
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Analysis - 1 week agoNeutral

Technical Analysis – US 500 show signs of fatigue

US 500 stock index flatlines near all-time highOverbought signals detected, price trades near key resistanceThe US 500 stock index held steady near its all-time high of 6,027 for the second consecutive day after the headline US CPI inflation data came in line with expectations, showing a modest increase of 2.6% year-on-year.Technically, the latest rally halted near the ascending line which connects the highs from July 2023 and July 2024 and the 161.8% Fibonacci extension of the July-August dow
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Analysis - 2 weeks ago

Wall Street’s post-election rally loses some steam – Stock Markets

US major indices end 5-day rally as profit taking sets inBut bullish structure remains firmly in placeFocus on Trump’s cabinet ahead of Nvidia earnings‘Trump trade’ in full swingUS voters may have given Donard Trump a resounding yes, but investors gave their own thumbs up to the incoming Republican administration by pushing shares on Wall Street to all-time highs.
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Analysis - 2 weeks ago

Daily Comment – US CPI report could reverse the post-election euphoria

Markets take a breather as Trump assembles his teamFocus turns today to US inflation and FedspeakGermany prepares for snap election, euro on the back footYen underperformance continues, intervention talk resurfacesMusk joins Trump’s team, Germany sets election datePresident-elect Trump is gradually assembling his cabinet, with the market anticipating the most crucial appointment, the Treasury Secretary.
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Analysis - 2 weeks ago

Daily Comment – Dollar extends gains, bitcoin soars but stocks lose momentum

Tariff fears weigh on euro and other majors, dollar continues to climbBitcoin and Wall Street hit new records but broader equities stumble   Gold unable to get a boost from Trump picking hawks for this team   Trump trade still powering the marketsSpeculation about the expected impact of Donald Trump’s policies continues to dominate the market theme, as investors await details about who will be in Trump’s cabinet.
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Analysis - 2 weeks ago

Markets return to a low-volatility environment after the US election – Volatility Watch

Euro/dollar volatility has eased aggressivelyVolatility has dropped to monthly low in both gold and silverStock indices experience a significant decline in volatilityEuro/dollar volatility has eased significantly, as market participants have reacted favourably to both the outcome of the US presidential election and the absence of the post-election shenanigans seen in 2020. The dollar has strengthened over the past week with the euro suffering the most.
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Analysis - 2 weeks ago

Daily Comment – Positive sentiment lingers despite mixed newsflow

Markets continue to dance to the tune of Trump’s winGold and oil suffer, while bitcoin and equities rallyMinority government in Japan, BoJ mini-minutes unsurprisingEuro under pressure as Germany gets closer to snap electionTrump prepares to take overThe markets continue to digest Trump’s victory and last Thursday's dovish Fed rate cut, with most market participants now speculating on the course of action of the new administration as the president-elect is assembling his cabinet. In this
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Analysis - 2 weeks ago

Daily Comment – Fed delivers rate cut, stocks rally but dollar not impressed

Fed cuts rates and keeps door open to a December movePowell appears confident about the inflation outlookEquities’ euphoria continues, strongest weekly rally of 2024Yen manages to gain against the US dollarThe Fed announces a rate cutWith the markets still digesting Trump’s win, the Fed announced the much-anticipated rate cut. Unswayed by concerns that Trump’s second term might lead to extreme protectionism and thus keep inflation high, the FOMC cut rates by 25bps, with Chairman Powell app
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Analysis - 2 weeks ago

Stocks’ euphoria might have legs – Stock Markets

Equity indices react positively to Trump’s winSmall capitalization stocks could benefit furtherEuropean stock indices remain the laggardsFed stance to support current sentiment despite high yieldsTrump’s win pushes stocks higherUS stock indices continue to dance to the tune of Trump’s return to the White House. The initial reaction was positive with the S&P 500 index climbing by around 2.5%, as the pre-election rhetoric about significant tax cuts contributed to the improved market sent
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Analysis - 2 weeks ago

Daily Comment – Dollar pauses rally ahead of Fed, BoE meets as well

Dollar traders take a breather as Fed decision loomsFocus to fall on how likely a pause is in coming monthsBoE expected to cut, could take the sidelines in DecemberWall Street continues to celebrate Trump’s winWill the US election outcome impact Fed policy?After hitting a four-month high on the heels of Donald Trump’s return to the White House, the dollar is pulling back today, as traders may have decided to lock some profits after the sharp rally and ahead of the Fed decision later today.Wi
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Analysis - 2 weeks ago

Quick Brief – What’s next for the markets after Trump’s victory?

Trump is back in the White House; dollar becomes king againSelection of cabinet members is the next taskGold is the worst performer; melts below $2,700 It's no longer in question, Donald Trump made a remarkable comeback to the White House with 279 electoral seats at the time of writing compared to Kamala Harris’ of 224 despite 34 felony count convictions, two assassination attempts, and a stormy campaign battle with Kamala Harris. This is not the only victory for Trump.
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Analysis - 2 weeks ago

Could markets relive the 2016 post-election day performance?

Euro/dollar could suffer if 2016 repeats itselfUS stocks could further benefit from Trump’s winGold and bitcoin might move in opposite directionEuro/dollar volatility could rise furtherTrump wins a second termFormer President Trump has won the 2024 presidential election, achieving a noticeable comeback following the 2020 defeat. The market reaction has been mostly within expectations, with the dollar gaining across the board, gold suffering and bitcoin enjoying strong gains.While market partic
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Analysis - 3 weeks ago

Daily Comment – Dollar and stocks surge on Trump victory bets

Donald Trump secures key battleground statesDollar rallies as his policies are seen as inflationaryStocks celebrate prospect of tax cuts and deregulationBitcoin hits fresh record high, oil retreatsTrump knocks the White House doorThe dollar skyrocketed during the Asian session today, and it appears to be headed for its biggest one-day gain since March 2020.Following the closing of the election ballots in the US, early signs that former president Donald Trump is likely to return to the White Hous
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Analysis - 3 weeks ago

Quick Brief – ISM services PMI comes in favor of Biden’s era

ISM non-mfg. accelerates in October, employment index strengthens tooInvestors remain confident about a 25bps rate cut this week; dollar barely rises The ISM non-manufacturing PMI index came in favor of Biden’s administration on Tuesday, arriving stronger than expected as US voters headed to the polls to elect the next President.The survey for October showed surprisingly increased business activity for the second consecutive month, with the index rising to 56.0 – the highest in more than tw
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Analysis - 3 weeks ago

Volatility remains high as US voters elect a new president – Volatility Watch

Euro/dollar volatility climbs to a new monthly highVolatility remains very elevated in both gold and silverStock indices experience a jump in volatilityEuro/dollar volatility has climbed to a new 30-day high, as market participants are preparing for the US presidential election and Thursday’s Fed meeting. This heightened volatility is being observed across the FX space, including in the yen pairs.
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Analysis - 3 weeks ago

Daily Comment – Markets hold their breath as America votes

US presidential election in the spotlightMarkets in anticipation mode as volatility is elevatedDollar, equities and gold remain under pressureAussie fails to materially benefit from RBA’s hawkishnessThe long wait is finally overThe countdown for the biggest event of 2024 is finally over as in a few hours around 80 million registered voters will cast their vote across the United States.
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