Stock Market & Investment News
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DAX 30 Technical Outlook – Triggering Short-term Bearish Pattern
European markets are rolling over with the DAX heading below the neckline of a H&S pattern.
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Canadian Dollar Forecast: On the Verge of a Bullish Breakout? Levels for CAD/JPY, USD/CAD
CAD/JPY rates look ready to trade higher. USD/CAD rates do too, however.
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Germany 30 IG Client Sentiment: Our data shows traders are now net-long Germany 30 for the first time since Dec 11, 2020 when Germany 30 traded near 13,135.60.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bearish contrarian trading bias.
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Analysts turn cautious on IGB REIT, no thanks to MCO 2.0
KUALA LUMPUR (Jan 26): The implementation of the second Movement Control Order (MCO 2.0) and resurgence of Covid-19 cases have clouded the outlook of retail…
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Xi warns against new Cold War as Biden team reviews strategy
(Jan 26): President Xi Jinping called on the world to abandon “ideological prejudice” and shun an “outdated Cold-War mentality” as he signaled that China will continue…