Chart of the day - US100 (29.08.2024) xtb.com/en/market-anal… US100 (Nasdaq 100) rebounds by 0.50% to 19,400 points today after yesterday's declines following Nvidia's quarterly report release. The futures on the technology index closed yesterday with a drop of over 2.00%,

Week Ahead: AI sell off, payrolls and German elections | XTB ⁦XTB UK⁩ xtb.com/en/market-anal…

The first debate had a major impact on the election, this one could also impact the momentum of both campaigns. Harris currently leading Trump in the polls by 55% to 48%, according to PredictIt. XTB UK

Shocking news out of Germany in the last 24 hours. Firstly, the win for the AfD in two German states and secondly news that ⁦Volkswagen⁩ could close plants in Germany for the first time. ⁦XTB UK⁩ Politics and labour market are key risks for Sept xtb.com/en/market-anal…

Politics and labour market risks kathleen brooks Stocks in Europe and Asia had a mixed start to September. The Euro Stoxx index is eking out a small gain, while the FTSE 100 is down 0.11%. For those who have been around long enough, this should be no surprise. September is

There is a lot of worry about rising Japanese interest rates and what this means for global capital flows. Get our take on why this concern is overdone here. ⁦⁦XTB UK⁩ The yen comes back into focus as the UK consumer makes a mild return | XTB xtb.com/en/market-anal…

The yen comes back into focus Analysis by kathleen brooks xtb.com/en/market-anal… The yen carry trade and Japanese interest rates are gaining a lot of attention on Tuesday morning. The governor of the Bank of Japan wrote a letter to the Japanese government, explaining the

Are falling commodity prices a warning sign or a boost for equities? | XTB xtb.com/en/market-anal…

Are falling commodity prices a warning sign or a boost for equities? | XTB ⁦XTB UK⁩ xtb.com/en/market-anal…

European markets are following the us lower on Wednesday, all sectors are lower for the ftse 100. For now, 8,200 looks like good support. The ftse 250 is also under pressure, even though the service sector pmi was strong. XTB UK

More good news for the UK economy Analysis by kathleen brooks The service sector PMI is another piece of good news for the UK economy. The all-important service sector PMI report for August rose to 53.7, up from 53.3 in July. This is the highest reading since April and bodes

OPEC+ talking about delaying the production hike planned for later this year. This should help the oil price to recover. XTB UK

Are chip makers decoupling from the broader market? Analysis by kathleen brooks Stocks markets have mostly stabilized over the last 24 hours. The S&P 500 is pointing to a muted open later today and European stocks are mostly higher on Thursday. Japanese stocks remain under

Highest paying jobs are being cut at us firms, according to the ADP report. This is a clear sign that labour stock piling in the US is over. A new era for the labour market is upon us. XTB UK

This data isn’t good for the dollar or stocks. Lower job creation = weaker US economy, which could hurt corporate profits and potentially slow the uptake of AI.

If professional firms are laying off workers, I think it’s too early to say they are replacing people with AI. Instead, it’s a sign of cost cutting, which may also hit cap ex budgets and delay uptake of AI.

In the pre market, Nvidia is down 1.8%, spx expected to open slightly lower. Will the market boost expectations of a 50 bp rate cut from the Fed in two weeks? If yes, this may be the only factor that can save the day for market bulls. XTB UK

The better than expected jobless claims number - lowest since May- is helping to spur a mini rally in big tech names, as we lead up to the payrolls report. XTB UK

US NFP preview: A lose/ lose situation? kathleen brooks Stocks markets stabilized on Thursday after a tumultuous week, however, volatility is still elevated and the Vix index is at the 20 level ahead of August’s Non-Farm Payrolls report that is released later on Friday. We

BREAKING: 🗽US NFP report slightly lower than expected; unemployment rate drops to 4.2%. US100 gains 📈 xtb.com/en/market-anal… US Non-Farm Payrolls for August: 142k vs expected 165k vs. 114k previously -Private change: 118k vs 140k exp. vs. 97k previously -Manufacturing