You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
화요일 Apr 16 2024 12:18
6 분
We’re in one of those strong dollars + firmer Treasury yields = weaker stocks, higher VIX paradigm. Basic resources, autos and financials led the declines early doors in Europe on Tuesday as the major indices fell sharply in the wake of a rough session on Wall Street.
Considerations about escalation in the Middle East are meeting with concerns about when the Fed might start cutting rates, which has sent the dollar to a 5-month high. China’s GDP expansion in the first quarter beat forecasts, but retail sales and industrial production were softer than expected.
As for the Middle East, there are always geopolitical concerns — this is the noise. Geopolitics never stopped the S&P 500 index from making another record high. But for traders the geopolitics combined with some fresh macro uncertainty about what the central banks are going to do next, it means more volatility in the near term.
오늘 거래를 개설한 경우 발생할 수 있는 손익(총 비용 및 수수료)을 계산하세요.
시장
상품
계좌 유형
포지션
수량
금액은 다음보다 크거나 같아야 합니다. 기준 금액:
금액은 다음보다 작아야 합니다. 기준 금액:
금액은 최소 랏 증가분의 배수여야 합니다.
USD
EUR
GBP
CAD
AUD
CHF
ZAR
MXN
JPY
가격
수수료
스프레드
레버리지
환전 수수료
유지증거금
오버나이트 스왑
과거의 성과가 미래의 결과를 보장하는 것은 아닙니다.
계좌 통화와 일치하지 않는 통화로 표시된 상품의 포지션을 청산할 경우, 환전 수수료가 부과됩니다.
The FTSE 100 dropped more than 1.3% as it came off for a second day after hitting the 8k level. It dipped 0.38% on Monday as oil prices softened. That came after more wobbles on Wall Street saw the S&P 500 decline 1.2% and the Dow almost erase its entire year-to-date (YTD) gains to close at 37,735, having been close to 40k at the start of the month, despite some blowout results from Goldman Sachs.
The Nasdaq Composite declined 1.8% but like the broader market is still around +6% YTD. Tesla was down more than 5% and the rest of the Mag 7 were all down by around 2% or so. TSLA now –35% YTD – time to shoot Chico?
Treasury yields and the U.S. dollar rallied to fresh YTD highs as US retail sales beat expectations. The 10-year Treasury yield trades above 4.63%, with the 2-year knocking on 5% again. These are levels last seen in November when the “higher for longer” message was cutting through to markets before the ‘Powell Pivot’ in mid-December.
Gold prices also snapped back smartly despite the 10-year Treasury Inflation-Protected Security (TIPS) hitting 2.20%.
Morgan Stanley’s Mike Wilson notes he has been highlighting the “4.35-4.40% on the 10-year UST Treasury yield as a key level for stock valuations, and last week it was breached decisively to the upside.... multiples may now face headwinds if rates rise further.”
New York Fed President John Williams said rate cuts will likely start this year, though Mary Daly, president of the San Francisco Fed, there is no urgency to cut:
“The worst thing we can do right now is act urgently when urgency isn’t necessary.”
Fed chair Powell and Bank of England governor Bailey are due to speak later. This offers The Fed chair in particular the chance to offer some clear signalling about the FOMC’s reaction function in the wake of the repricing in Treasury markets since the hot inflation data last week and yesterday’s retail sales numbers.
Guess who’s back — volatility makes a return on the S&P 500 with VIXX spiking hard in the last couple of days. A general sense of “fear” and trading off the news which is always going to create downside and volatility – the slow creep higher doesn’t happen in these conditions.
Sterling hit a fresh 5-month low this morning as UK jobs data was mixed – unemployment rose, but wage growth remains strong. This fixes the sense that the Bank of England should be cutting soon but cautiously — but positive real earnings growth should be a reason to be cheerful (as long as inflation remains under control).
위험 고지: 본 기사는 저자의 견해만을 반영하며, 정보 제공 목적으로만 작성되었습니다. 이는 투자 조언, 투자 리서치 또는 거래 권유를 구성하지 않으며, Markets.com 플랫폼의 입장을 대변하지도 않습니다. 주식, 지수, 외환(FX), 원자재의 거래 및 가격 예측을 고려할 때, CFD 거래에는 상당한 수준의 위험이 수반되며 모든 투자자에게 적합하지 않을 수 있음을 유의하시기 바랍니다. 레버리지 상품은 원금 손실을 초래할 수 있습니다. 과거의 성과는 미래의 결과를 보장하지 않습니다. 거래 전에 관련된 위험을 완전히 이해하고, 투자 목표와 경험 수준을 고려하십시오. 암호화폐 CFD 및 스프레드 베팅 거래는 모든 영국 소매 고객에게 제한됩니다.
최신
모두 보기토요일, 25 10월 2025
3 분
금요일, 24 10월 2025
4 분
금요일, 24 10월 2025
3 분
KO
