S&P 500 & Nasdaq Rebound from Key Support; How Much More Upside?

BY admin admin

Despite the escalation in geopolitical tensions, US indices have rebounded from key support after an apparent dovish shift by Fed officials. However, rising US real yields/cost of borrowing pose constraints on the upside.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

FXCM's New Sister Trading Platform Welcomes Vice President and CFO

<p><span>FXCM has named Maryke Faulkner the Group Chief Finance Officer for its new sister trading platform, Tradu. Before assuming her new role, Faulkner served as the Group CFO at FXCM f

Forex

MUFG trade of the coming week: Buy AUD/USD

Weekly trade from Mitsubishi UFG Currency investors should consider buying AUD/USD, advises MUFG Research in its weekly FX pick. The suggest buying AUD/USD from 0.7435 with a target of 0.7675 and a st

Forex

AUDUSD trades to a new high on stimulus package but runs into resistance

Highs going back to March 27th are lining up The AUDUSD moved to a new session high after passing a .&nbsp; $80 billion stimulus package However, the price is running into upside resistance define

Copyright © 2024 | WordPress Theme: Xews Lite