NAS100 Hits Record Highs Ahead of Netflix & Tesla
The tech-heavy index reaches new records despite moderation in the Fed rate cuts bets, with key data and earnings by Netflix and Tesla coming up
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. He has a long time presence at FXCM, as he joined the company in 2011. He has served from multiple positions, but specializes in financial market analysis and commentary.
With his educational background in international relations, he emphasizes not only on Technical Analysis but also in Fundamental Analysis and Geopolitics – which have been having increasing impact on financial markets. He has longtime experience in market analysis and as a host of educational trading courses via online and in-person sessions and conferences.
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The tech-heavy index reaches new records despite moderation in the Fed rate cuts bets, with key data and earnings by Netflix and Tesla coming up
The pair extends this month’s gains as further moderation in Japanese inflation raises the bar for BoJ normalization and recent Fed speakers temper aggressive market bets for Fed rate cuts
The Australian economy lost more than 65,000 jobs in December according to today’s data, keeping the pair in precarious position, as it runs its third straight losing week
UK inflation ticked up in December as today’s data showed, weighing on the index, amidst broader monetary policy uncertainty and geopolitical jitters
The pair drops as further moderation in the pace of wage increases takes some of the pressure off the central bank, but Wednesday’s inflation data loom
The German index is subdued as markets digest today’s data showing the economy shrunk last year, but prospects of an ECB pivot are supportive
The UK index rebounds from critical support today, as data showed GDP growth of 0.3% in November, but improving economic conditions could prolong the central banks restrictive stance
The US regulator approved a number of spot bitcoin exchange traded funds, in a long awaited move
Australian inflation eased substantially to 4.3% in November, which along with subdued economic activity allows the RBA to stay on the sidelines, but the pair finds support as market await US CPI update
Watch today’s US Open for insights on the solid US jobs report, dovish Fed commentary and the upcoming US CPI inflation report
The pair lacks firm direction as markets digest the recent US jobs data and Fed speak, ahead of Thursday’s CPI inflation report
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