Latest Finance-Economy News
US Equities Under Intense Selling Pressure Despite Shutdown Resolution
US equities experienced heavy selling in early February, even after resolving the partial government shutdown, amid broader market volatility. Investor sentiment soured by crypto collapse, precious metals decline, and tech stock fatigue, with focus shifting to real economy indicators.
Key data ahead includes non-farm payrolls and inflation readings.
US Dollar Reclaims Strength in Global Liquidity Scramble
The US dollar surged as capital rotated into cash amid market turmoil, countering earlier demise predictions. Trajectory hinges on upcoming macro data like December retail sales, January NFP, and CPI.
Strong labor and high inflation could reinforce higher-for-longer interest rates.
Silver Plunges Nearly 50% from All-Time Highs
Silver shed almost 50% value from peaks to recent troughs, with no respite in early February. Supply crunch fears eased, shown by compressed premiums in COMEX and China.
Vulnerable to further drops if Bitcoin or Wall Street sees more liquidations.
Three Key Markets to Watch: EURUSD, Silver, US500
XTB highlights EURUSD, silver, and US500 for scrutiny amid volatility and upcoming US data. Focus on dollar strength, metals correction, and equity pressures.
February's opening week more volatile than January.
Global Markets in Uneven Bull Trend with Key Tests Ahead
Global markets hold broader bull trend but show uneven leadership and momentum. Major indices test critical levels this week to determine if strength persists or consolidates.
Covers US, Europe, Asia equities, commodities, metals, and crypto.
Dow Jones Hits New Highs but Risks False Breakout
Dow Jones pushes to new highs, yet faces risk of false breakout per technical analysis. Contrasts with S&P 500 range-bound uncertainty and Nasdaq consolidation.
Russell 2000 displays relative strength.
Bitcoin Breaks Down into Sell Market
Bitcoin has broken down into a confirmed sell market amid broader crypto capitulation. Contributes to global risk-off sentiment affecting equities and metals.
Silver and gold also regrouping after sell-offs.
Japan Current Account Data Released Tonight
Japan's Current Account came in at 楼3674B, far exceeding consensus of 楼1400B. Bank Lending YoY at 4.4% vs. expected 4.6%; Snap General Election noted.
Key for assessing yen and Asian economic health.
Upcoming US Retail Sales, NFP, and CPI to Drive Markets
Critical US data backlog: Tuesday's December retail sales, Wednesday's delayed January NFP, Friday's CPI. Will gauge economy health and Fed path amid volatility.
Monthly Budget Statement and Fed Balance Sheet also due soon.
European Indices Show Mixed Signals: FTSE Bullish, DAX Continuing
FTSE maintains bullish structure despite extension; DAX attempts continuation post-consolidation. Nikkei at breakout with overextension risk; Hang Seng grinds higher.
Crude oil stuck in indecision.
Gold Regroups After Sharp Sell-Off
Gold is regrouping following a precipitous sell-off, less severe than silver's rout. Remains sensitive to liquidity crunches and risk asset liquidations.
Investor pivot to real economy data key.
US Tech Stocks Face CAPEX Scrutiny Amid Growth Lag
Tech giants under pressure as massive CAPEX fails to accelerate top-line growth. Contributes to Nasdaq hesitation and broader equity retreat.
Blue-chips mostly reported; focus on macro now.