Market Radar 21. February 2023 Market Pre-Opening, the bulls are declared war Pre-Opening, the major US stock indices are trading after the long weekend – in the USA Wall Street was closed due to the holiday “Presidents Day” on Monday – about the level of Friday’s lows (as of 10:30 a.m. German time). While at… Continue reading Marketradar 21. February 2023
Month: February 2023
Marketradar 13. February 2023
Market Radar 13. February 2023 Market USA, Europe or China: who is leading the way?Can US equity markets once again take the lead over Europe? Recently, it almost seemed as if Europe was rushing away from the US in terms of momentum. If investors followed chart technical patterns of early trend recognition, the majority of… Continue reading Marketradar 13. February 2023
Marketradar 10. February 2023
Market Radar 10. February 2023 Market Recession postponed againA recession in the USA is now being postponed further and further. According to the data collection recently published by the Federal Reserve Bank of Atlanta (so-called GDP-Now indicator), gross domestic growth of 2.2% is now forecast for the USA in the first quarter. This is significantly… Continue reading Marketradar 10. February 2023
Marketradar 06. February 2023
Market Radar 06. February 2023 Market Robust labour market: good for cyclicals, bad for goldMajor U.S. stock indexes fell back on Friday as it was revealed that the economy added 517,000 jobs in January — a figure far above the consensus estimate of 185,000. The unemployment rate fell to 3.4%. Economists had expected a slight… Continue reading Marketradar 06. February 2023
Marketradar 02. February 2023
Market Radar 02. February 2023 Market The Fed lets the stock market off the leash When yesterday at 8 p.m. German time the Federal Reserve (FED) announced through its chairman Jerome Powell that the US interest rate would be raised from 4.5% to 4.75%, the US stock market lost little of its value. Exactly this… Continue reading Marketradar 02. February 2023