Stocks dive after the U.S. inflation data announcement

Commodities market

Oil prices rose today yet stayed below the $100 mark as both tight supply and recession risks influence the market. Brent crude climbed 0.7%, and WTI crude 0.6% up.

Key tickers:

Brent: 98.81 — strong sell.

WTI: 95.36 — strong sell.

NG: 6.672 — strong buy.

Foreign exchange market

The U.S dollar continues to soar today on expectations of hefty rate hikes by the Fed after the recent red-hot inflation data. The DXY index traded 0.6% higher today.

Key tickers:

EUR/USD: 1.0011 — strong sell.

USD/JPY: 138.88 — strong buy.

USD/CAD: 1.3022 — strong buy.

GBP/USD: 1.1838 — strong sell.

Metals

Gold was down today as the new Fed’s rate hikes were expected. Gold futures fell 0.41%, and the U.S. dollar rose.

Key tickers:

XAU/USD: 1718.64 — strong sell.

XAG/USD: 19.004 — strong sell.

XPT/USD: 847.23 — strong sell.

XPD/USD: 1956.00 — strong sell.

Crypto market

As annual inflation reached 9.1% in June, BTC dropped below $19,100 and ETH moved to 1,020 for some time. Now two major cryptocurrencies are trading slightly below $20,000 and $1,100 respectively.

Key tickers:

BTC: $19,978.7 — sell.

ETH: $1,097.00 — neutral.

Neo: $8.2100 — strong sell.

Zcash: $53.90 — sell.

Stock market

European stock futures slid today, continuing the previous losses after the recent announcement of the U.S. CPI data. The DAX futures traded 0.2% lower, the CAC 40 futures dropped 0.4%, and FTSE futures fell 0.3%.

Key tickers:

-    indexes

S&P 500: 3,801.80 — strong sell.

Nasdaq 100 (NDX): 11,728.53 — strong sell.

Dow Jones Futures: 30,588.0 — strong sell.

DAX: 12,760.55 — sell.

-    Shares    

Apple #APPLE: 145.50 — neutral.

Amazon #AMAZON: 110.40 — strong sell.

Tesla #TESLA: 711.12 — neutral.

Meta Platforms Inc #FACEBOOK: 163.44 — neutral.