Home Featured Market Update – April 21 – Recession Fears Hit Sentiment

Market Update – April 21 – Recession Fears Hit Sentiment

0
Market Update – April 21 – Recession Fears Hit Sentiment


You can also find out more about the following: USD Rotated (USDIndex at 101.60) as Fedspeak (all 5 mantra was “inflation is still too high”) and fundamental data (Existing Home Sales, Leading Indicators, Philly Fed & Weekly Claims) all conspired to dent sentiment and raise fears of recession again, as Instability rules Treasuries Rose Stocks closed down, (#TSLA, -9.75% & #AT&T -10.4% Leading decliners Europe closed at low’s, Asian markets are also lower, JPY Get a little lift before the BOJ next Monday with AUD & NZD lower. Oil is continuing to fall and will have a large weekly loss. Gold Under the age of $2k & BTC Tests $28k once again down -7.85% This week.    
Overnight AUD April PMI data Manufacturing missed and declined48.1 (from 49.1) & reThe mains have been in decline and are actually getting worse. Services have improved (52.6 vs. 50.7). UK Consumer confidence Surprised and reached a 14-mth (-30 You can also find out more about us on our website. -35Are you ready to pay your winter fuel bills? March Retail Sales Missing -0.9% vs. 1.1%.
  • FXUSDIndex Rotates at 101.50, EUR1.0935 The following are some examples of how to get started: You can also find out more about JPY Under pushed  134.00 Before recovering, you need to get support. Sterling It is under 1.2400 1.23900.  
  • Stocks – US markets are closed (-0.33% up to -0.80%) #US500 Closed -24.73 (0.60%) at  4129.US500 FUTs are available at 4146 and below the key …



Continue reading…