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🇨🇳China ADRs are rising across the board
🔎The US watchdog said it has full access to inspect accounts
This removes the risk of these companies being removed from US exchanges
#BABA +2% #BIDU +0.4%
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#tixee#marketupdate
Trading is risky.
#Oil falls sharply on recession fears
🛢️Weak PMI data and the hawkish Fed stance hurt the demand outlook
Still, oil is set to rise 5% across the week, on supply concerns
#Oil -2.65%
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Trading is risky.
#BTCUSD has fallen from a monthly high to 17k
🪙 Concerns over huge withdrawals from #Binance raise concerns
Investors doubt the reliability of Binance’s reserves
#BTCUSD -2.5%
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#tixee#marketupdate
Trading is risky.
🇬🇧UK retail sales fell 0.4% MoM in November
👛This is down from 0.9% in October & below forecasts of 0.3%
Consumer confidence remains near a record low
#GBPUSD -0.13% #FTSE -0.4%
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#tixee#marketupdate
Trading is risky.
🗓️ What to watch on Friday?
1) UK retail sales unexpectedly fall - #GBP#FTSE
2) US PMI data is expected to remain weak - #USD, US indices, #Gold#BTC
3) Eurozone inflation & PMI data is due -#EUR#DAX
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#tixee#marketupdate
Trading is risky.
#BTCUSD falls as hawkish central banks hurt risk sentiment
🪙 Hawkish ECB guidance adds to the gloom from the Fed
BTC/USD falls away from 18k
#BTCUSD -2%
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#tixee#marketupdate
Trading is risky.
Leverage offers traders greater exposure to an asset.
For example, with 1:10 leverage, you can open positions 10x greater than your deposit.
The downside? It can boost your profits as well as your losses!
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#tixee#tixeetrading#truetothemarket#forextrader#explainingtrading
🇪🇺 #ECB raised interest rates by 0.5%, taking the rate to 2%
📊Guidance was hawkish with more rate hikes needed to tame inflation
The new projections point to inflation being stickier than expected
#EURUSD -0.27% #DAX -1.7%
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#tixee#marketupdate
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🇬🇧 #BoE raised interest rates by 0.5%, in line with forecasts
📊This takes the benchmark rate to 3.5%, a 14-year high
Two members voted to keep rates on hold
#GBPUSD -1% #FTSE -0.5%
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🇺🇲Federal Reserve raised rates by 50 bps as expected
📊The Fed also pointed to more rate hikes to come
The terminal rate was lifted to 5.1% from 4.6%
#USDJPY +0.92% #SPX -1.3%
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#tixee#marketupdate
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📰 <strong>UK inflation and the Federal Reserve interest rate decision</strong>.
➡️ https://t.co/ofZkkWAZGK
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Trading is risky.
#tixee#tixeetrading#truetothemarket#marketnews
🇬🇧UK inflation cooled to 10.7% YoY in November
👛This is down from 11.1% in October, a sign that inflation may have peaked
This is unlikely to deter the BoE from hiking by 0.5% tomorrow
#GBPUSD +0.13% #FTSE -0.34%
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#tixee#marketupdate
Trading is risky.
🗓️ What to watch on Wednesday?
1) UK inflation cools by more than forecast - #GBP#FTSE
2) Federal Reserve interest rate decision - #USD, US indices, #Gold#BTC
3) #Eurozone industrial production data is due -#EUR#DAX
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#tixee#marketupdate
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#Boeing rises on AmericanAirline jet order
✈️The US airline ordered 200 planes in a deal worth $43 billion
These included the 100 787 Dreamliners & 100 737 Max jets
#BA +2%
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#tixee#marketupdate
Trading is risky.
🇺🇲US inflation cooled to 7.1% YoY in November
👛This is down from 7.7% in October and core CPI fell to 6%
The data supports a more dovish Fed
#USDJPY -1.4% #NASDAQ +2.3%
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#tixee#marketupdate
Trading is risky.