Tržni podcast sredi tedna – 7. april

The Market Week – April – Week 1

The focus of attention once again this week is on the Trg obveznic, as the US 10-year treasury yield reversed from 1.76% do 1.63%, which also pulled the USD lower, as April got into full swing following the Easter holidays. President Biden outlined his $2.25 tn Infrastructure plans, with more details promised during the month. The IMF lifted global growth forecasts to 6% for 2021 on expectations of a strong US economy.

The details of Bill Hwang’s Archegos Capital collapse came into focus as Credit Suisse announced a loss of $ 4.7 bn. and parted ways with their Head of Risk (Lara Warner) and their investment banking chief (Brian Chin). Archegos had reported assets of $10 bn but highly leveraged positions of around $50 bn when the margin calls began.

Unemployment remains stubbornly high globally but this week signs of a turnaround continued in the USA. The Plače, ki niso na kmetiji was a blockbuster, beating the consensus of 650,000 new jobs for March and posting a 916,000 gain, with brezposelnosti padajo na 6.0% and revisions for 2021 adding an additional 156,000 new jobs. However, last week’s unemployment claims moved up over 700,000 again to 719,000, missing expectations, and the private payrolls from ADP also missed expectations at 517,000.

The vaccine rollouts continue to gain traction globally, however, the situation in the EU, with rising infections, extended lockdowns and a low vaccination rate, coupled with the persistent concerns over the AstraZeneca vaccine, weigh on the EUR. Indija in Brazilija remain key infection hotspots. Obstajajo 678.6 milijonov cepiva given across Države 179.

This week FX volatility continued as the USD reversed its March gains. The USDIndex fell from five-month highs at 93.45 to test lows at 92.25. EURUSD moved over 1.1800 from five-month lows at 1.1704 to test the 200-day moving average at 1.1880. USDJPY was the biggest reverse, moving from one-year highs at 110.96 to 109.57 nižje. Cable moved up from the mid-1.3700s to test 1.3900 še enkrat.

Global stock markets turned more volatile as the rotation from high growth technology stocks to financials, energies and industrials continued. The USA30 & USA500 objavljene nove vrhunce vseh časov, Več 33,400 in 4,080Oz.

O Gold price moved significantly higher this week, from the key $1685 support level, breaking and holding over $1725 and peaking at $1745 as the USD and yields cooled. Bitcoin also had another volatile week and utrjuje around immediate resistance at $58,000 but eyes a new all-time high over $60,000.

USOil prices moved lower and remain under $60.00 a barrel as the consequences of the OPEC+ production increases weigh, balanced by the improving economic outlook as forecast by the IMF.

Donos na US 10-Year Treasury Note holds above the psychological 1.50% level but has retraced significantly from the 14-month highs last week at 1.76% do testa 1.63%.

klik tukaj to access the HotForex Economic Calendar

Stuart Cowell

Glavni tržni analitik

Disclaimer: To gradivo je na voljo kot splošno tržno sporočilo samo v informativne namene in ne predstavlja neodvisne naložbene raziskave. Nič v tem sporočilu ne vsebuje ali bi se smelo šteti, da vsebuje naložbeni nasvet ali naložbeno priporočilo ali nagovarjanje za nakup ali prodajo katerega koli finančnega instrumenta. Vse navedene informacije so zbrane iz uglednih virov in vse informacije, ki kažejo na preteklo uspešnost, niso jamstvo ali zanesljiv pokazatelj prihodnje uspešnosti. Uporabniki priznavajo, da je za vsako naložbo v produkte s finančnim vzvodom značilna določena stopnja negotovosti in da vsaka tovrstna naložba vključuje visoko stopnjo tveganja, za katero so izključno odgovorni uporabniki. Ne prevzemamo nobene odgovornosti za kakršno koli izgubo, ki izhaja iz katere koli naložbe, izvedene na podlagi informacij, navedenih v tem sporočilu. Tega sporočila ni dovoljeno reproducirati ali naprej distribuirati brez našega predhodnega pisnega dovoljenja.

Vir: /227110/