Global Markets Mixed: What Investors Should Know Today
By Today, the global markets are mixed, with European shares rising and the Asia-Pacific region and the Americas mixed. The eurozone’s STOXX 600 gained 0.1%, London’s FTSE 100 rose 0.2%, Spain’s IBEX 35 Index rose 0.5%, the German DAX climbed 0.1%, French CAC 40 surged 0.1%, and Italy’s FTSE MIB Index rose 0.2%.[0] The Nasdaq, S&P 500, and S&P 500 futures are down -1.1%, +0.2%, and +0.2%, respectively.
In the currency markets, the USD/AUD, AUD/USD, USD/INR, USD/JPY, USD/GBP, USD/CHF, USD/EUR, USD/CAD, GBP/USD pairs are some of the most popular pairs traders are trading. In addition, cryptocurrencies such as Bitcoin are also popular.[1]
In the commodities markets, Crude Oil (Brent), Oil – US Crude, Crude Oil (WTI), and Toronto TSX are trading at -0.7%, +0.1%, +0.1%, and -0.7%, respectively.[2] The Dow Jones Industrial Average and the Dow Jones futures are down today.
In terms of stocks, Apple Inc. (NASDAQ: AAPL) and Cisco Systems Inc (NASDAQ: DE) are bullish today. The market sentiment is also bullish, with a focus on U.S. CPI.[3]
Investors should be aware of the risks associated with foreign exchange trading, including the potential for losses to exceed deposits.[4] It is recommended that investors educate themselves on the risks associated with trading and seek advice from an independent financial or tax advisor.[4] Engaging in leveraged trading of foreign currency or other off-exchange products using margin carries a high level of risk and may not be suitable for all investors.[4]
0. “Dow Falls 150 Points; US Consumer Prices Rise 0.5% In January – Endava (NYSE:DAVA), Denny's (NASDAQ:DENN)” Benzinga, 14 Feb. 2023, https://www.benzinga.com/news/earnings/23/02/30900435/dow-falls-150-points-us-consumer-prices-rise-0-5-in-january
1. “Dow Jumps Over 300 Points, Dollar Surges in Midday Trading” Marketscreener.com, 13 Feb. 2023, https://www.marketscreener.com/quote/stock/FIDELITY-NATIONAL-INFORMA-12027/news/Dow-Jumps-Over-300-Points-Dollar-Surges-in-Midday-Trading-42974955
2. “US equity close: Mixed bag as tech lags. Second weekly decline of the year” ForexLive, 10 Feb. 2023, https://www.forexlive.com/news/us-equity-close-mixed-bag-as-tech-lags-second-weekly-decline-of-the-year-20230210/
3. “Dow Jones, Nasdaq, S&P 500 weekly preview: Use Q1 rally to cut stocks exposure By Investing.com” Investing.com, 13 Feb. 2023, https://www.investing.com/news/stock-market-news/dow-jones-nasdaq-sp-500-weekly-preview-use-q1-rally-to-cut-stocks-exposure-432SI-3001760
4. “Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, AUD/USD, US CPI” DailyFX, 12 Feb. 2023, https://www.dailyfx.com/news/markets-week-ahead-dow-jones-nasdaq-100-us-dollar-aud-usd-us-cpi-20230212.html
