CAC 40: the support at 6500 points will be decisive in the short term

The CAC 40 is marking time while waiting for PMIs, PCE inflation and speeches from the Fed The CAC 40 has stalled since last week after climbing to a 7-month high, slightly above its June and August peaks, thanks to investor speculation of less aggressive Fed tightening. However, the market could resume the downward path … Read more

USD/JPY: the dollar returns to test major support at 139 yen

USD/JPY stabilizes after US inflation-driven drop The price of USD/JPY has fallen in recent weeks to return to test major support at 139. Despite the monetary policy differential in favor of the dollar, USD/JPY has fallen 8% since its peak on October 21 following somewhat less hawkish rhetoric from some Fed members and encouraging signs … Read more

SP 500: Wall Street resumes its decline

Inflation figures will be decisive in the short term for Wall Street The New York Stock Exchange resumed its downtrend yesterday after a few rebound sessions. The tighter-than-expected outcome of the midterm elections, the rout in the crypto market and the disappointing quarterly results of Walt Disney (-13.2%) and a number of growth stocks like … Read more

Russell: Wall Street picks up while waiting for the CPI

Wall Street regains height while awaiting inflation figures The New York Stock Exchange is picking up, the S&P 500 and the Russell 2000 rising nearly 2% since Thursday, benefiting from a mixed employment report and statements from some Fed members. Job creations came out well above expectations, at 261k against 200k expected, but the unemployment … Read more

GBP/USD trading idea: the pound in bad shape after inflation

GBP/USD could break out from the bottom of its ascending triangle From a technical analysis perspective, the underlying trend for GBP/USD has been unquestionably bearish since last year as evidenced by the 200 session moving average, but in the short term the exchange rate appears to be moving in what looks like to an ascending … Read more

GBP/USD trading idea: the pound in bad shape after inflation

GBP/USD could break out from the bottom of its ascending triangle From a technical analysis perspective, the underlying trend for GBP/USD has been unquestionably bearish since last year as evidenced by the 200 session moving average, but in the short term the exchange rate appears to be moving in what looks like to an ascending … Read more

Russell 2000: support at 1640 points will be decisive

Consumer inflation expectations put pressure on stock markets Wall Street ended sharply lower on Friday, erasing much of its previous day’s gains amid concerns over inflation. The University of Michigan consumer confidence index showed rising inflation expectations for the coming years, raising fears of a tougher stance from the Fed. The median one-year inflation forecast … Read more

Nasdaq 100: Wall Street rebounds

Nasdaq 100 rebounds despite accelerating core inflation The New York Stock Exchange started a rebound yesterday after a difficult start to the session marked by higher than expected inflation figures which indicate more persistent inflation and therefore do not provide any reassurance on the pace of rise in interest rates. the Fed. The consumer price … Read more

60% of families have removed meat and fish from their menus!

7Sunday The news of 7Dimanche Published on Sunday, October 9, 2022 at 07:45 By JM According to a study on the changes in the eating habits of children in Wallonia in these times of energy and economic crisis, the family allowance fund notes that parents have to compromise between health and a tighter budget. The … Read more