Technical Analysis

China rebound a catalyst for the gains The China PMI data was much better than expected. Coupled with the hopes for a China deal and fear that investors are underinvested and scared of missing a run higher. The snapshot now is showing: S&P up 19.24 points or 0.68% at 2853.64 Nasdaq is up 66.43 pointe
Shares see gains in the 1st quarter The European shares are ending the session and week higher.  German DAX, +0.76% France’s CAC, +0.87% UK’s FTSE, +0.71% Spain’s Ibex, +0.77% Italy’s FTSE MIB, +0.97% The quarterly change are also looking good: German DAX ends March flat but up 9.2% in Q1.  That is the best since
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
EUR/USD down 33 pips on the day The euro is stuck near the lows of the day at 1.1279 but hasn’t been able to break Friday’s low of 1.1273. It’s not a particularly notable level but it’s a short-term pivot and a spot to watch for signs of further USD demand, despite falling yields. ForexLive
Little changes in the major indices The European shares are ending the day with modest gains/losses:  German DAX,-0.1% France’s CAC, -0.1% UK’s FTSE, -0.3% Spain’s Ibex, +0.1% Italy’s FTSE MIB, -0.1% In the European debt market, yields are ending the session mixed. German 10 year yield remains below 0.0% at -0.028%. The high yield took
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do