European Markets Wrap-Up: S&P 500 Technical Analysis – The market is waiting for good news

S&P 500 Technical Analysis – The market is waiting for good news Fundamental Overview The market is still licking its wounds as the price action remains tentative ahead of the US Jobless Claims today. The ugly US ISM Manufacturing PMI and the weak US NFP report of...  The cautious mood holds so far in European morning trade S&P 500 futures are down 0.3% while Nasdaq futures are down 0.1% currently. Meanwhile, 10-year Treasury yields are down 5.8 bps to 3.909% as traders are staying more vigilant on the session. USD/J...  EURUSD Technical Analysis – The Euro strengthens on US Dollar weakness Fundamental Overview The surprisingly weak US NFP report last Friday triggered risk-off flows. Interestingly, while many major currencies weakened against the USD, the Euro strengthened a lot which re...  Crude Oil Technical Analysis – Weak US data weighs on the market Fundamental Overview Crude oil sold off pretty heavily in the latter part of last week as we got some very weak US data releases first with the ISM Manufacturing PMI and then with the NFP report. The...  JP Morgan raises probability of US recession by year-end to 35%, up from 25% previously The firm argues that the softer conditions in the labour market may exceed expectations with early signs of a wave of layoffs. Adding that they see inflation easing further from hereon, thus expecting...  Latest Forex Orders FX option expiries for 8 August 10am New York cut There are a couple to take note of on the day, as highlighted in bold . The first ones are for EUR/USD, layered at the 1.0900 and 1.0955 levels. They aren't significant from a technical perspective bu...  Cryptocurrency Technical Analysis Education Economic Calendar Forex Brokers Are you subscribed to our events? Join now and get informed Subscribe Connect with us on your favorite social network This email was sent to trungtamthuchanhmt.hanghai18021960@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences ForexLive · 11 Apostolou Andrea, Hyper Tower 3rd floor, Mesa Geitonia · Limassol 4007 · Cyprus