Stocks: All News & Analysis

GBP/USD Dips to 1.2850 Amid Growing BoE Rate Cut Speculation

GBP/USD is declining due to speculation of a BoE rate cut and concerns about global growth. Market participants are pricing in a 53% chance of rate cuts in August, but economists polled predict an 80% chance of a cut. Technically, GBP/USD has support at 1.2850 and resistance at 1.2950. Most Read: USD/JPY Declines Sharply as BoJ Considers Rate Hike Next Week Cable has continued to edge toward support at the 1.2850 handle as high impact US data lies in wait.

25-07-2024 07:25 GMT by Zain Vawda

Nasdaq 100: Potential bullish reversal looms ahead of Alphabet and Tesla earnings results

Market breadth indicators (% of component stocks above 20-day & 50-day moving averages) have increased to above 50%. Short-term bullish momentum condition sighted at the retest of its 50-day moving average. Watch the 19,520 key short-term support ahead of a risk event; the earnings results of Alphabet & Tesla after today’s US session close.

23-07-2024 07:41 GMT by Kelvin Wong

FTSE 100 Consolidates, S&P 500 Faces Critical Test, Earnings Ahead

The FTSE 100 is currently consolidating, trading within a range, with the possibility of a significant breakout. Glencore and Anglo American experiencing declines while Compass reports strong revenue growth.

23-07-2024 06:55 GMT by Zain Vawda

Weekly Market Outlook: US PCE, GDP, and Earnings Expected to Drive Volatility

This week, markets were influenced by trade war fears, US political developments, and a global cyber outage. In Asia, the Japanese yen weakened, and Chinese authorities remained silent on economic goals despite weak data. Next week, US PCE and GDP data, along with Euro Area and UK PMI data, and potential Chinese economic measures will be key drivers of market volatility. The Nasdaq 100's weekly chart shows a potential evening star candlestick pattern, hinting at further downside. Read More: JPY

19-07-2024 11:53 GMT by Zain Vawda

The Week Ahead - ECB Spotlight as Fed Rate Speculations Drive Market Shifts

US inflation data caused a significant selloff in US mega-cap tech stocks and a shift towards riskier areas of the market. The ECB interest rate decision is expected to bring no change, but the bank lending survey may shed light on the impact of higher rates on the economy. In the UK, inflation data is due on Wednesday, and while headline CPI dipped below 2% in June, it is expected to rise again in the second half of the year.

12-07-2024 13:13 GMT by Zain Vawda

S&P 500 & Nasdaq 100 Week Ahead: Is It Time for a Deeper Retracement as US Investors Shed Equity Funds...?

Over the past two weeks, US investors have shed nearly $30 billion dollars of US equity funds (net selling) according to data from LSEG. A bullish week for the S&P 500 but the Nasdaq 100 looks less convincing. A pullback in Nvidia stock and the psychological 20000 barrier have halted the Nasdaq's impressive early week rally.

21-06-2024 11:38 GMT by Zain Vawda

Nasdaq 100, S&P 500 Take a Breath as US Retail Sales Disappoints

Fresh highs printed yesterday but weak retail sales appear to weigh on the Nasdaq 100 and S&P 500. S&P 500 on a run of 330 days since recording a loss of 2% making it the longest streak since February 2018. Nasdaq eyeing a key trendline break. Fundamental Overview US Indices continued their advance yesterday with the Nasdaq 100 hitting another all-time high.The Nasdaq 100 came within a whisker of the 20000 mark before losing some momentum ahead of the market open today.

18-06-2024 11:29 GMT by Zain Vawda

Nasdaq 100: Pay close attention to Nvidia price actions ex-post earnings release

Momentum and micro factors are likely the key drivers of Nasdaq 100 performance at this juncture. The current year-to-date (YTD) performance of AI giant Nvidia's share price of 98% has contributed to a significant 47% to 49% of Nasdaq 100 and S&P 500 YTD gains.

22-05-2024 08:08 GMT by Kelvin Wong

Euro edges lower after ECB’s financial stability warning

The euro has posted slight losses on Thursday. EUR/USD is down 0.20%, trading at 1.0860 in the North American session at the time of writing. ECB warns of risks to financial stability The ECB’s Financial Stability Review expressed concern that financial stability could be affected by the possibility of “adverse economic and financial surprises”.

16-05-2024 10:09 GMT by Kenneth Fisher

Market Insights Podcast - BOJ, AU inflation, US PCE and US Magnificent 7 stocks earnings in the focus

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data and events. Firstly, Australia's monthly CPI (March) out on Wednesday (24 Apr) is expected to come in at a similar annualized pace of 3.4% as printed in February, its lowest reading since November 2021.

22-04-2024 21:29 GMT by Kelvin Wong

Market Insights Podcast - Nvidia earnings, record highs for stocks

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the Nvidia earnings and how markets are trading in the aftermath of them.

23-02-2024 15:04 GMT by Craig Erlam

Nasdaq 100 Technical: Bulls rescued by Nvidia (again)

A 16% rally seen in Nvidia (ex-post earnings) has led the Nasdaq 100 to recoup its entire loss of -3.5% from last Friday, 16 February high to Wednesday, 21 February low. The current positive momentum and trend conditions of Nvidia may assert a further positive feedback loop back into the Nasdaq 100. Watch the key pivotal support at 17,650 with the next intermediate resistance at 18,220/270 for Nasdaq 100.

23-02-2024 02:22 GMT by Kelvin Wong

Nasdaq 100 Technical: Torpedoed by Nvidia, at risk of undergoing multi-week corrective decline

Nasdaq 100 has remained sluggish and underperformed the Dow Jones Industrial Average since last Friday, 16 February. The recent underperformance of the Nasdaq 100 has been triggered by the concentration risk of its significant YTD return contributor, Nvidia.

21-02-2024 01:08 GMT by Kelvin Wong

A dovish Fed guidance may not reverse the rout in China and Hong Kong stock markets

China and Hong Kong benchmark stock indices have almost erased last week’s gains. NBS Non-Manufacturing PMI sub-components for January are indicating feeble service activities in China. A weaker US dollar via a dovish forward monetary policy guidance from the Fed is not enough to act as a bullish catalyst for China and Hong stock markets. Technical analysis advocates further potential weakness in the Hang Seng Index in the short to medium term.

31-01-2024 01:24 GMT by Kelvin Wong

Dow - Investors awaiting Fed minutes but jobs data more important

Stocks pare gains at the start of the year JOLTS data points to less heat in the labor market Dow turns lower after a period of divergence Stock markets are spending a second day in the red, continuing the softer start to the year as traders await minutes from the December FOMC meeting. Given the remarkable end to 2023, it's not particularly surprising that we're seeing a little profit-taking at this stage.

03-01-2024 13:20 GMT by Craig Erlam

MPCE-0099-Podcast-Thumbnail-Orange-–-1280x720-1.png

Market Insights Podcast - Hawkish BoE, FOMC minutes and Nvidia preview

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the latest comments from the BoE, and preview the FOMC minutes, Nvidia earnings and UK Autumn Statement.

21-11-2023 11:08 GMT by Craig Erlam

Podcast - US Core PCE rises, Amazon delivers, Oil volatile

OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and Trader Nick. Today they discuss a plethora of US economic readings, Earnings from Amazon, Exxon and Chevron, and what is happening with oil prices.

27-10-2023 15:17 GMT by Edward Moya

NAS100 - Big Tech Remains in Focus Even as Microsoft and Alphabet Fail to Provide a Boost

Alphabet disappoints on the cloud AI boosts Microsoft Major test of support for NAS100 It hasn't been the most thrilling session so far on Wednesday but there is plenty still to come over the next couple of days which could see activity pick up. Earnings from Microsoft and Alphabet could have been the catalyst that kicked things off this week but the contrasting results appear to have left investors wondering which way to turn.

25-10-2023 12:03 GMT by Craig Erlam

Week Ahead - ECB set to pause tightening cycle, a big week for earnings

US Now that Fed Chair Powell signaled that the Federal Open Market Committee will keep rates on hold at the next policy meeting, Wall Street will look to see how high growth will peak before the economy cools in Q4. Expectations are for the advance reading of Q3 GDP to rise from 2.1% to 4.3%. Investors will also want to see if the September income and spending data show the consumer is still in good shape, as both readings are expected to post 0.4% monthly gains. Big earnings for the week w

20-10-2023 19:15 GMT by Craig Erlam

MPEM-0047-Podcast-Thumbnail-White-–-1280x720-1.png

Podcast - Geopolitical angst likely to keep market volatility elevated in the coming weeks

OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and Trader Nick. Today they discuss the recent bond market volatility, the start of earnings season, surging inflation expectations, and the impact the war in Israel is having on commodities.

13-10-2023 16:35 GMT by Edward Moya

Stocks: all news & analysis