The Dollar Index is rising as expected and overall our view remains bullish towards 110-111 in the near term. Euro has upside capped at 1.0450 and a confirmed break below 1.03 can drag the pair to 1.02 or even 1.00 in the medium term. EURINR and AUDUSD need to see a decisive break on either side of their respective ranges of 90-88 and 0.63-0.62 for further directional clarity. USDJPY, on a sustained rise past 158.50 can head towards 160 or higher in the coming sessions.
Pound is coming off as expected and can soon test 1.22 on the downside. EURJPY is stuck between 165 and 163. USDCNY can gradually head towards 7.35. USDINR has risen past 85.80 and while the rise sustains, a test to 86 can happen in the near term. The US Treasury yields remain higher. View is bullish. The yields can rise more from here. The US non-farm payroll (NFP) and the unemployment data release tomorrow will be important to watch. The German Yields are moving up in line with our expectation. Bullish view is intact. The 10Yr GoI has risen back. But resistance is ahead which has to be broken to negate the fall that we have been expecting. For now, the near-term outlook is negative. The Dow Jones has seen a slight rise but remains bearish as long as it stays below 43000, with a potential decline toward 42000-41800. DAX rose to 20480 during the session but gave up its intraday gains and closed flat. The index remains bullish toward 20700 as long as it sustains above 20200. Nifty is holding above the key support of 23500, maintaining the sideways range of 23500-24100. Nikkei continues to slip and remains below 40000. The index is expected to stay within the range of 38000-40000 unless it rises decisively past 40000 to target 41000-42000. Shanghai is holding below 3250 and could fall further toward 3150 if it breaks below 3200. A strong move above 3250 is needed to reverse the bearish outlook
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Dollar Strength and Stock Market OutlookThe US dollar continues its upward trend, fueled by post-election optimism and expectations of the Fed slowing rate cuts. While Wall Street predicts a peak and decline in dollar strength by 2025, potential implications for domestic and global stock allocations remain a topic of discussion.
Leer más »
Jim Cramer's 2025 Market Outlook: Mergers, AI, and Trillion-Dollar StocksCNBC's Jim Cramer offers a positive outlook for the market in 2025, highlighting potential catalysts such as increased corporate mergers, advancements in artificial intelligence, and growing acceptance of trillion-dollar companies.
Leer más »
Cramer on Market Losses: Tech's Strength Shielding Market From CasualtiesJim Cramer analyzes the market's recent losses, focusing on the weakness in sectors like consumer goods, while highlighting the resilience of tech stocks. He attributes this disparity to tech's growth potential and pricing power, contrasting it with struggling sectors facing challenges from rising interest rates, currency fluctuations, and pricing pressures.
Leer más »