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We're celebrating our new partnership with
@ManCity
by giving away a home shirt signed by
@DeBruyneKev
.
To enter, follow, retweet, comment your score predictions for the upcoming Man City vs Arsenal game on 17th October & tell us why you think you’re correct.
#TradeYourEdge
We are thrilled to partner with Esporte Clube Bahia this season. Curious to know more about us? Check out and start trading or copy-trading with us! ⚽🤩
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#BBMP
#Axi
We’re excited to announce our multi-year partnership with
@ManCity
. Their drive & determination to get the winning edge really resonates with our ambitions at Axi.
#TradeYourEdge
#Axi
#MCFC
Find out more:
GOLD Weekly: The
#CME
Group is getting set to launch a new Shanghai $Gold Futures contract in October. See what this means for Asia gold traders and investors.
Full analysis here:
#Trading
#commodities
#preciousmetals
Losses may exceed deposits
🇺🇸🏡 US Property Market In Focus
🔸 Mortgage data due at 12:00 BST / 07:00 ET
🔸 Build Permits one hour later
🔸 New Home Sales at 15:00 BST / 10:00 ET
A weaker US property market is on the risk radar
Mortgage rates remaining stubbornly high, contributing to (un)affordability
If this BofA forecast is correct it’ll be incredible fun on Friday
200k payrolls added and a drop in the unemployment rate to 4.2%
Markets trying to figure out if this is *good news that’s good news* or *good news that’s bad news*
The U.S. NFP data is out! 253K new jobs were added to the U.S. economy. What are you trading post-NFP?👀
This information is not to be construed as financial advice. Readers should seek their own advice. OTC Derivatives carry a high risk of investment loss.
#NFP
#USA
Why US jobless claims will be a key data release today 🧵 1/5
Friday's weak Non Farm Payrolls sent shockwaves through markets, 'confirming' the fears triggered by the poor ISM manufacturing report the day before
But things might not be *as bad* as feared...
As
@M_C_Klein
and
New at THE OVERSHOOT:
The U.S. Job Market Is Better Than It Looks
<-- There is much less to the rise in joblessness than meets the eye, while annualized wage growth is still running about 1.5 percentage points faster than pre-pandemic.
Ready to exercise your brain? Solve this math puzzle and see if you can outsmart the numbers! 💪🧠
This information is not to be construed as financial advice. Readers should seek their own advice. CFDs carry a high risk of investment loss.
Another day, another miserable German data point
German GfK consumer sentiment even lower at -22
Q2 GDP unrevised at -0.1%
Europe's economic engine is heading for the scrapyard
🔥 The BURNING Question
Have bears finally got the upper hand?
Or was this week an illusion? A mirage? A cruel trick?
Pullbacks of around 10% from peaks are relatively common in healthy uptrends (
#study
)
Can bulls retake the initiative and drive the S&P 500 on to new highs?
@mercesquadrao03
@ecbahia
Obrigada pela recepção calorosa! É uma honra fazer parte da comunidade baiana. Estamos entusiasmados com a oportunidade de colaborar com todos vocês e contribuir para o crescimento e o sucesso desta vibrante comunidade.
Not pretty overnight!
Japanese stocks catching down to the US in Asian trade
🩸 Nikkei -4.3% 😲
📅 On the calendar today
🔸 Final August Services PMI’s for EU & UK
🔸 Eurozone Producer Prices
🔸 Bank of Canada Rate Decision
🔸 US JOLTS
🔸 US Fed Beige Book
JUST IN 🚨: Warren Buffett Indicator hits 195%, the highest level in history, surpassing the Dot Com bubble, the Global Financial Crisis, and the 2022 Bear Market
📉 Intel struggling to find buyers despite falling 61% so far this year!
Now trading at 2012 prices and still waiting for the bargain hunters to show up...
$INTC
‼️ IF THE ECONOMY'S SO STRONG, THEY WOULDN'T BE CUTTING 50BPS!!!!
THEY'RE CUTTING TOO MUCH, INFLATION'S GOING TO ROCKET AGAIN!!!
Seeing a lot of these *deterministic* takes
Which is fine if your goal is to get attention on the internet....
Dial it down a bit though, eh?
☕️ Morning!
China's industrial profits data disappointed overnight, with weak domestic demand once again in focus
Aus consumer inflation expectations jumped from 4.1% to 4.4%, keeping pressure on the RBA to hike interest rates again...
Aussie dollar up 0.28% through Asia
More terrible data out of Germany
ZEW current conditions -84.5 vs -80 expected (& prior of -77.3)
ZEW Expectations 3.6 vs 17 expected (& prior of 19.2)
Excited about U.S. Earnings Season yet? 🤩 With all these big-name companies about to release their latest numbers, you should be! 🗠
What will you be trading?
Not to be construed as financial advice. Readers should seek their own advice. Losses can exceed deposits.
I'd say good morning but it just wouldn't be true - absolute CARNAGE in Asia!!!
Black Monday vibes in Japan with the Nikkei down over 13% - multiple circuit breakers triggered due to the ferocity of selling
XXXJPY destroyed with AUDJPY the worst hit, down by more than 4% on the
Stay on top of the latest events and get ahead of the curve. 💪
This information is not to be construed as financial advice. Readers should seek their own advice. OTC Derivatives carry a high risk of investment loss.
Rich & David discussed Nike in the latest episode of The Market Edge (including the effect a new CEO could have on the share price! 🔮)
Here's the full segment 👇
$NKE
😲 Is the UK about to have Austerity 2.0?
New chancellor Rachel Reeves says she's worried about a £20 billion fiscal black hole...
But does it even exist?
There's definitely more to this story... 👇
GOLDMAN: “.. our $SPX index target for year-end 2024 remains 5600 (+8%). Our forecast assumes the US economy continues to expand, earnings rise by 8% in 2024 and 6% in 2025, and the index trades at a P/E multiple of 20x .. while the drawdown has been sharp, it has barely reached
Win 2 VIP tickets to
@ManCity
vs Southampton & exclusive City merch!
To win:
⚽Follow
@axi_official
⚽Reply to this tweet with a photo of you supporting City & a prediction of gold's price by close of trading on 5th Sept .
Winners announced 10th Sept. Good luck everyone!
Crowdstrike having a stinker
Step 1. Bring world to a standstill
Step 2. lol soz, here's a $10 Uber Eats gift card
Step 3. Gift card “has been cancelled by the issuing party and is no longer valid”
😂😂😂
🍔 McRally or McDump?
Talked about McDonald's earlier in July when it tagged the edge of the descending channel
Despite MCD rallying slightly, sellers still look to be in control...
$MCD is slightly higher in pre-market even though earnings missed expectations this morning...
🇺🇸 NFP due in ONE hour!
Consensus sees 160k jobs added and unemployment rate dropping to 4.2%
Trader view 🔮
- A big downside MISS would likely trigger USD weakness as markets price in bigger, faster, harder rate cuts
- A big upside BEAT would likely see USD strength as
Goooooood mooooorning!
All very civilised overnight.
The US dollar continues to drift positively without smashing through levels...
The US 500 remains rangebound...
Very much a 'holiday week' feel to things so far.
Data today includes the European flash CPI & unemployment
✍️ Tuesday, 2 July 2024
08:30
The rise and fall of inflation in the euro area – past, present and future
Luis de Guindos, Vice-President, European Central Bank
11:30
Geopolitical shocks and inflation
Chair: Isabel Schnabel, Member of the Executive Board, European Central Bank
Markets Outlook: US
#equity
markets closed higher on Friday but will the upbeat mood continue?
@steveinnes123
paints some potential market scenarios after the election. Get his insights here:
#Forex
#OIL
#USFED
#NFP
#GOLD
$USDCNH
Losses may exceed deposits
ISM manufacturing employment index 43.4, way below the expected 49
Jobless claims continue rising too...
A weak NFP tomorrow and those "The Fed's already late" voices will get LOUD
ISM Manufacturing Index fell to 46.8, well below expectations and its lowest level of the year. The employment component (green line) dropped to its lowest level since mid-2020.
Happy Monday!!
Markets pretty unmoved by the French election result
No majority for anyone probably means no radical policies will be passed
German trade data once again missed expectations, with both imports and exports contracting
Big challenges for EU bloc still lie ahead
Ready for another BIG year of trading? Here are some of the key events moving markets this week...
What will you be trading?
Not to be construed as financial advice. Readers should seek their own advice. Losses can exceed deposits.
👀 Bank of America UPGRADES Palantir on 'Watershed Moment' S&P 500 index inclusion
📈 Raises $PLTR Price Objective to $50 (+45% from yesterday's close, $5 above prior all time highs)
Are BofA onto something or going way OTT?
"The upcoming S&P 500 inclusion provides a watershed
| 𝗗𝗔𝗬 𝟰𝟱 |
What a day of wildlife Jamie has had!!!😍
To top of this insane adventure Jamie was accompanied by a whale today!!!🐋
Alongside another marlin on the prowl for the poor tuna hiding under the boat 🐟
NY Fed survey shows the share of individuals who reported searching for a job increased to the highest level in the 10-year history of the survey
Among those with jobs, the average expected likelihood of becoming unemployed also jumped to a series high
The US tech stock index is already down 5% too, with reports that nvidia is -14% in early Frankfurt trade
Even oil is in the red despite rising geopolitical tensions in the middle East
Stay safe out there!
Monthly US core CPI a little hotter than expected at 0.3%
Nothing here that should drastically impact Fed policy decisions.
Markets converging on a 25bps cut for next weeks policy meeting now.
$USD kneejerks higher after release
@Newsquawk
Calendar 👇
Mixed picture across markets as we head into US CPI
Stocks lack direction, oil trying to recover yesterday's losses, yen giving back some of the overnight gains...
Headline & Core CPI both expected to print at 0.2% M/M, with Y/Y at 2.6% & 3.2% respectively... ⌛️(45 mins)
Focus will be on the $EURUSD as
#CPI
and other economic data from the
#Eurozone
may put it under pressure. Watch this video for the full analysis of the
#FX
markets and key drivers
#Trading
#FOMC
$AUDNZD Losses may exceed deposits.
2022 was a HUGE year in financial markets. 📈📉🎢
Take a look back at the most influential events & get ready for 2023 with Axi! 🚀
Watch our IG Stories for more details.
Losses can exceed deposits.
The $AUDUSD continued its ascent above the 0.6900 level and gained 0.28% to close at the 0.6913 mark on Friday. Can it push higher given positive news around the
#US
-China
#tradetalks
? Traders will eye the
#RBA
decision tomorrow.
#Forex
#trading
#FX
Losses may exceed deposits
📊 Let's put your trading skills to the test! 💰
Share your analysis in the comments below.
This information is not to be construed as financial advice. Readers should seek their own advice. OTC Derivatives carry a high risk of investment loss.
15 minutes until Nvidia CEO Jensen Huang takes the stage at Goldman's Communacopia tech event
$NVDA right below the 100 day moving average...
Can Jensen get the stock pumping again?
Or is there further to fall?
NVIDIA up again today after yesterday's monstruous +8% move
Classic gap fill in the first hour, then *up only mode* from 107.42 to 120.23...
Where next?
$NVDA 🚀
Every trader is different, but top traders have a lot in common. Check out these habits of successful Forex traders...
This information is not to be construed as financial advice. Readers should seek their own advice. Losses can exceed deposits.
Mixed picture across markets as we head into US CPI
Stocks lack direction, oil trying to recover yesterday's losses, yen giving back some of the overnight gains...
Headline & Core CPI both expected to print at 0.2% M/M, with Y/Y at 2.6% & 3.2% respectively... ⌛️(45 mins)
So Tether's gonna develop a stablecoin pegged to the UAE dirham
The same UAE dirham that's pegged to the US dollar
Tether's USDT is also pegged to the dollar
What's the point?
Is the Micron ( $MU ) earnings release tonight a bellwether for the overall health of the AI/tech rally as some have suggested?
🔹 Micron has ~1% weighting in the Nasdaq 100
🔹 Micron's leading chips are made in Japan & Taiwan
🔹 Taiwan's industrial production is 'booming'