Technical Analysis USDJPY : 2023-03-28
Japan’s core consumer prices inflation slowed in February: the Statistics Bureau reported Japan's National Core Consumer Price Index (CPI) rose 2.7% over year in February after 3.1% growth in January,...
View ArticleTechnical Analysis #C-COTTON : 2023-03-29
The United States Department of Agriculture (USDA) forecasts the 2022/2023 cotton planting area in the United States to be 3.01 million hectares. According to preliminary estimates, this is 27.6% less...
View ArticleTechnical Analysis GBPUSD : 2023-03-29
UK money supply contracted in February: the Bank of England reported M4 money supply declined 0.4% over month in February after 1.2% growth in January, when a 0.9% increase was forecast. This is...
View ArticleTechnical Analysis #S-AAPL : 2023-03-30
Apple announced two days ago on Tuesday “select” US consumers will be invited to use its Apple Pay Later service in the US. Its ‘buy now, pay later’ service lets users pay for online goods and in-app...
View ArticleTechnical Analysis EURUSD : 2023-03-30
German consumer inflation slowed a bit less than forecast in March: Federal statistics office Destatis reported German inflation slowed to 7.4% over year in March from 8.7% in February, when a 7.3%...
View ArticleTechnical Analysis #D-IFX : 2023-03-31
Infineon is a German corporation engaged in the design, development, manufacturing and marketing of semiconductor systems worldwide. Its market capitalization is €44.5 billion. The stock is trading at...
View ArticleTechnical Analysis SP500 : 2023-04-03
In February, US inflation decreased to a minimum since September 2021, reaching +6% y/y. Data for March will be released on April 12. Slower inflation could contribute to a softening of the Fed's...
View ArticleTechnical Analysis #C-BRENT : 2023-04-04
On Sunday, April 2, OPEC+ decided on an additional, voluntary production cut of 1.66 million bpd. This brings the total reduction to 3.66 million bpd. Since OPEC + has already reduced production since...
View ArticleTechnical Analysis AUDUSD : 2023-04-04
Australia’s central bank paused interest rates hikes today: the Reserve Bank of Australia left interest rates unchanged as it paused its year-long rate hiking campaign at 3.6%, in line with...
View ArticleTechnical Analysis OIL : 2023-04-05
In the April 3 review, we noted the OPEC+ production cut factor and looked at the BRENT chart. Today, the increase in oil prices stopped after the publication of weak data on the US labor market Job...
View ArticleTechnical Analysis #S-MMM : 2023-04-06
3M Company is a United States corporation that provides diversified technology services worldwide in four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. Its...
View ArticleTechnical Analysis #S-TSLA : 2023-04-07
Prices were cut from 1.9% on the performance version of the Model 3 to 5.6% on the basic version of the Model S. Tesla has cut price of the basic version by 5.6% to $84,990, while the price of the...
View ArticleTechnical Analysis #C-COFFEE : 2023-04-10
The International Coffee Organization (ICO) reported a decrease in global coffee exports from October 2022 to February 2023 by -8.7% to 48.7 million bags (60 kg each). The ICO does not exclude the...
View ArticleTechnical Analysis USDSEK : 2023-04-11
Silf/Swedbank Sweden Manufacturing Purchasing Managers Index (45.7) for March was published last week, which turned out to be worse than expected. It has been below 50 points for 7 months already. This...
View ArticleTechnical Analysis #C-COCOA : 2023-04-12
The Ivory Coast Agriculture Ministry does not rule out a 25% y/y reduction in the country's 2nd crop (mid-crop) cocoa to 450,000 tons. Cleaning began April 1st. Earlier, Ivory Coast authorities said in...
View ArticleTechnical Analysis #D-DAI : 2023-04-13
Mercedes-Benz Group is a Germany-based auto giant which produces luxury cars and vans and sells them globally. Its market capitalization is €73.7 billion. The stock is trading at P/E ratio (Trailing...
View ArticleTechnical Analysis GBPUSD : 2023-04-13
UK manufacturing production was stagnant in February: the Office for National Statistics reported UK manufacturing was unchanged in February after 0.1% decline in January, when an 0.2% increase was...
View ArticleTechnical Analysis #S-NVDA : 2023-04-14
Nvidia launched its new AI-enablers gaming chip – GeForce RTX 4070 GPU on yesterday. The GPU went on sale at $599. It is Nvidia’s cheapest available GPU which uses AI technology and the company expects...
View ArticleTechnical Analysis NZDUSD : 2023-04-14
New Zealand’s manufacturing sector recorded contraction in March: the BusinessNZ Manufacturing Index declined to 48.1 in March from 51.7 in February. Readings above 50.0 indicate expansion, below...
View ArticleTechnical Analysis CADJPY : 2023-04-17
The Canada Consumer Price Index (CPI) for March will be released on April 18. Inflation is expected to fall to 4.3% y/y (below the CB rate). A similar Japan CPI indicator will be released on April...
View Article