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Key takeaways Nasdaq 100 uptrend intact: Despite a 1.5% pullback led by Meta on rising AI capex, the index remains supported above key short-term levels of 25,745–25,800. Treasury volatility supports equities: Compressed U.S. Treasury volatility, reflected in the MOVE Index, continues to reinforce risk-on sentiment and short-term equity momentum. Tech earnings drive futures rebound: Strong […]

The post Nasdaq 100: Short-Term Bullish Trend Remains Intact Despite a Less Dovish Powell appeared first on Action Forex.

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22/02/2025

Markets Weekly Outlook – US PCE, Japanese Inflation & Tariffs in Focus

US equity markets experienced a slight downturn due to concerns about inflation impacting consumer spending, highlighted by Walmart’s cautious outlook. The upcoming US PCE data is crucial as the Fed’s preferred inflation measure. Japanese inflation data will also be key this week as markets eye the Bank of Japans next move. German elections take place […]
20/08/2025

The Emperor is Naked

A selloff across US Big Tech names dampened market mood yesterday, triggered largely by mounting doubts over the AI boom. An MIT report revealed that 95% of companies investing in generative AI have yet to see returns, while OpenAI CEO Sam Altman himself warned that some sector valuations were “insane.” The comments may have been […]
06/07/2024

The Week Ahead – Will US Inflation Data Derail Market Optimism?

Soft US economic data, including lower-than-expected job growth, has increased market expectations for a September rate cut. The week ahead features important data releases, including US inflation figures and Chinese inflation data. US Inflation holds the key to a September rate cut. A decline in inflation could see significant changes to rate cut probabilities. Chart […]