Foreign Exchange Market Overview - Forex Analytics | IFCM
IFC Markets Online CFD Broker

Market Overview

Global stocks are trading in different directions currently ahead of Powell’s semiannual testimony before US Senate at 18:00 CET today after US stocks ended mixed on Monday. Apple shares rose 0.65% outperforming market, Alphabet shares slid 0.77% on Monday despite Wells Fargo raising its price target on Google’s Alphabet to $187 from $168 while maintaining an Equal Weight rating on the stock.

Global equity indexes are pointing in different directions currently after US stocks advanced on Friday following mixed nonfarm payrolls report. Nvidia stock fell 1.9% underperforming market while New Street Research downgraded Nvidia shares to neutral from buy in an industry report tagged a “health check” on artificial-intelligence stocks, Tesla stock rose 2.1% on Friday.

Global equity indexes futures are mostly rising currently ahead of June US jobs market report due at 16:30 CET today. SoftBank shares added 0.31% today after closing at a record high of 11,190.00 Japanese yen on Thursday, Sony Group Corp shares rose 0.5%.

Global equity indexes are pointing mostly up currently after Wall Street ended mixed on Wednesday on mixed reports. Alphabet shares rose 0.4%, Amazon shares slid 1.2% on Wednesday underperforming market amid reports Amazon founder and executive chair Jeff Bezos has filed to sell up to 25 million shares after he dumped 50 million in February.

Global equity indexes are pointing mostly up currently after tech stocks rebound led Wall Street gains on Tuesday. Nvidia shares slid 1.31% underperforming market, Tesla stock jumped 10.2% on Tuesday after reporting lower auto sales in the second quarter that still exceeded expectations.

Global stocks are trading in different directions currently after US stocks ended up on Monday. Apple shares rose 2.9% outperforming market, Tesla shares rallied 6.05% on Monday as Wells Fargo added Tesla stock to its third-quarter “Tactical Ideas list” yet kept its “underweight” rating and expressed concerns about slowing growth in deliveries and a risk of price cuts.

Global equity indexes futures are pointing in different directions currently after Wall Street slipped Friday despite soft PCE price index data. Alphabet shares slumped 1.84% as Rosenblatt cut its rating on Google’s parent Alphabet stock from Buy to Neutral citing “multiple areas of transitional risk that recommend stepping back for a little while to see how the company handles it,” Tesla shares added 0.29% on Friday outperforming market.

Global equity indexes futures are mostly rising currently ahead of PCE price index report due at 14:30 CET today after Wall Street extended gains on Thursday. Microsoft shares added 0.15%, Amazon shares rose 2.19% on Thursday outperforming market after Amazon reached $2 trillion in stock market value for the first time the previous day.

Global equity indexes are pointing mostly down currently ahead of US final GDP report today at 14:30 CET after Wall Street ended higher on Wednesday. Apple shares rose 1.96% outperforming market, Alphabet shares slipped 0.11% on Wednesday despite Jefferies raising the firm's price target on Alphabet to $215 from $200 and maintaining a buy rating on the shares.

Global equity indexes are pointing mostly up currently after tech stocks rebounded on Tuesday. Wall Street closed mixed again. Nvidia shares jumped 6.76% outperforming market, Tesla stock rose 2.61% on Tuesday as Stifel initiated research coverage of Tesla with a Buy rating and setting a price target of $265 – 45% above current level.

IFCM Trading Academy - New era in Forex education
Pass Your Course:
  • Get Certificate
trading academy
Close support
Call to Skype Call to WhatsApp Call to telegram Call Back Call to messenger