Dollar slid amid interest rate uncertainty

Commodities market

Oil prices continued gains fueled by a weaker dollar and tight supplies. Brent crude futures rose 0.7%, and WTI crude rose 0.3%. 

Key tickers:

Brent: 102.50 — strong buy.

WTI: 95.68 — strong buy.

NG: 7.153 — strong buy.

Foreign exchange market

The dollar is down today as investors’ expectations of an aggressive 1% rate hike from the Fed receded over strong US core retail sales data. The DXY index was down 0.2%. 

Key tickers:

EUR/USD: 1.0085 — sell.

USD/JPY: 138.26 — strong sell.

USD/CAD: 1.2997 — strong sell.

GBP/USD: 1.1883 — buy.

Metals

Gold is up today over a pullback in the US dollar as expectations of a 100 basis points rate hike weakened. Gold futures were up 0.52%

Key tickers:

XAU/USD: 1715.00 — strong buy.

XAG/USD: 18.895 — strong buy.

XPT/USD: 859.08 — strong buy.

XPD/USD: 1883.90 — neutral.

Crypto market

Bitcoin price settled climbed above the $21,300 level, and ETH spiked above the $1400 level. The next major resistance for bitcoin is $22,000.

Key tickers:

BTC: $21,822.0 — strong buy.

ETH: $1,432.43 — strong buy.

Neo: $9.7700 — strong buy.

Zcash: $63.30 — strong buy.

Stock market

The U.S. stock futures rose yesterday with S&P 500 and Nasdaq 100 futures up 0.1% and 0.3% respectively.

Helped by a bounce on Wall Street, European stock futures are higher today. DAX futures traded 0.9% higher, CAC 40 futures climbed 1%, and FTSE 100 futures rose 0.6%.

Key tickers:

-    indexes

S&P 500: 3,863.16 — strong buy.

Nasdaq 100 (NDX): 11,983.62 — strong buy.

Dow Jones Futures: 31,353.0 — strong buy.

DAX: 12,864.72 — strong buy.

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Apple #APPLE: 150.17 — strong buy.

Amazon #AMAZON: 113.55 — strong buy.

Tesla #TESLA: 720.20 — strong buy.

Meta Platforms Inc #FACEBOOK: 164.70 — strong buy.