Markets Tumble After Stronger US Data
Stock markets took a hit once again in the New York session as another strong data print out of the US gave more credence to the ‘stronger for longer’ opinion on US rates that is permeating the market.
Presidents Day Trading schedule 2023
Dear Trader, Please find our updated Trading schedule and general information related to the Presidents Day Holiday on Monday, 20th February, 2023.
The Month Ahead – February 2023
The Federal Open Market Committee (FOMC) statement is used by the panel to communicate the monetary policy to investors. It’ll consist of the outcome of the vote on interest rate and provide possible clues of future votes as well as discussion on the economic outlook.
Wednesday 01st February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4109.25, where the recent high is, before heading towards the 2nd resistance at 4180.00, where the previous swing high is.
Martin Luther King Day Trading Schedule – 2023
Dear Trader, Please note that in observance of the upcoming Martin Luther King Day on Monday 16th January 2023, there will be temporary changes to IC Markets’ trading schedule. All times mentioned below are Platform time (GMT +2)
