Stocks Analysis by Investing.com (Damian Nowiszewski) covering: S&P 500, DAX, NASDAQ Composite. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Markets exhibit surprising optimism in response to the latest US inflation data.Likelihood of ECB rate cuts grows, with potential implementation as early as June.There's no remnant of April's widespread corrective movement on the major US and European indices in sight anymore., aligning with market expectations yet breaking a streak of five consecutive readings above forecasts.
A series of dovish remarks from European Central Bank officials, particularly Francois Villeroy de Galhau and Mario Centeno, hints at groundwork for a potential 25 basis points cut as early as June. A potential early correction presents a favorable opportunity to enter the trend at a more favorable price point. It's prudent to observe the convergence of the trend line and the local support level, which aligns near 5270 points. A breach of this area could signal a deeper retracement, possibly targeting at least 5150 points., with recent peaks undergoing minimal corrections.
The support level at 18600 points is critical in this context, as its breach could mark the initiation of a potential extension of the corrective movement.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Trading the Giants: Strategies for the S&P 500, Nasdaq 100, FTSE 100, and DAX 40Stock market indices form the backbone of global investing, providing a way to track the performance of entire economies or sectors. Among the most heavily traded indices are the S&P 500 (US), Nasdaq 100 (US tech), FTSE 100 (UK), and DAX 40 (Germany).
Baca lebih lajut »
FTSE 100 joined by DAX 40 in setting new record high while S&P 500 also ralliesOutlook on FTSE 100, DAX and S&P 500 as UK exits recession.
Baca lebih lajut »
FTSE 100 Makes yet Another Record High while DAX and S&P 500 Rally is Slowing DownOutlook on FTSE 100, DAX and S&P 500 ahead of Thursday’s BoE monetary policy meeting.
Baca lebih lajut »
FTSE 100 hits yet another record high while DAX 40 and S&P 500 continue their ascentsOutlook on FTSE 100, DAX 40 and S&P 500 ahead of FOMC and Non-Farm Payrolls.
Baca lebih lajut »
FTSE 100 hits yet another record high while DAX 40 and S&P 500 resume their ascentsOutlook on FTSE 100, DAX 40 and S&P 500 amid strong US earnings.
Baca lebih lajut »
FTSE 100, DAX 40 and S&P 500 drop on Israel retaliatory strike on IranOutlook on FTSE 100, DAX 40 and S&P 500 as investors fret about escalating tensions in the Middle East.
Baca lebih lajut »