EUR/USD 1.17685
-0.115%
Gold 4854.42
1.329%
Oil 82.946
-7.452%
USD/JPY 158.556
-0.368%
GBP/USD 1.35187
-0.057%
GBP/JPY 214.355
-0.412%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 19th, multiple sources disclosed that Esmail Qaani, commander of the Quds Force of Irans Islamic Revolutionary Guard Corps, visited Baghdad, the Iraqi capital, that day. This is Qaanis first overseas trip since Iran and the United States announced a temporary ceasefire earlier this month. Iraqi officials and sources said that Qaanis visit will involve discussions with various Iraqi parties on how to de-escalate the regional conflict and its impact on Iraq. Qaani will meet with Iraqi political leaders and leaders of armed factions to try to coordinate positions among pro-Iranian factions in Iraq and ensure that the security situation in Iraq and the entire region does not deteriorate further during this "sensitive period." Sources indicated that Qaanis visit may also involve efforts to resolve the political deadlock in Iraq caused by the nomination of a new prime minister.Hong Kong Financial Secretary Paul Chan Mo-po announced today (April 19) that the Office for Attracting Key Enterprises will announce a new batch (the sixth batch) of key enterprises tomorrow. The list includes several companies with market capitalizations exceeding HK$100 billion, covering cutting-edge fields such as life sciences and healthcare, low-altitude economy, artificial intelligence, new energy materials, cross-border financial infrastructure, and fintech. Chan noted that the Office has previously successfully attracted over 100 key enterprises, focusing on life sciences and healthcare, artificial intelligence and data science, fintech, advanced manufacturing and new energy technologies, and cultural and creative industries. These enterprises originate from various regions including Mainland China and Europe and the United States, fully demonstrating Hong Kongs superior business and innovation environment, as well as its attractiveness as a platform connecting Mainland China and the international community.On April 19th, under the unified coordination of the State Administration for Market Regulation, market supervision and public security departments of Shanxi and Sichuan provinces jointly cracked a major criminal network involved in the production and sale of trademark infringement and counterfeit liquor. The operation uncovered seven locations in Lüliang and Taiyuan cities, Shanxi Province, for the production, concealment, packaging, trademark printing, and mailing of illegal products, as well as one online live-streaming sales point. Nearly 20,000 cases of suspected counterfeit liquor, over 700,000 counterfeit packaging materials, 14 pieces of counterfeit manufacturing equipment, and 41 large storage tanks were seized. As of now, the amount involved has been determined to be 260 million yuan. The public security organs have summoned 22 people, taken coercive measures against 11, and transferred 2 for prosecution.On April 19th, my countrys first large-scale application project of hydrogen-blended natural gas, covering 100,000 households, was officially launched in Weifang, Shandong Province. The project utilizes Weifangs existing urban natural gas pipeline infrastructure to achieve stable hydrogen-blended natural gas transmission and distribution. The project covers 100,000 urban households in Weifangs central urban area, comprehensively encompassing various residential gas usage scenarios, including daily life and commercial catering. Residents can use hydrogen-blended natural gas normally without replacing their existing gas appliances. Experts stated that by implementing the "Hydrogen to Every Household" technology demonstration project, the "last mile" of hydrogen energy application in the urban gas sector has been bridged, achieving large-scale, continuous, long-term hydrogen-blended operation for the first time nationwide. The application of hydrogen-blended natural gas has significant demonstration benefits in energy security, green electricity consumption, and energy conservation and emission reduction. Preliminary calculations indicate that if hydrogen is blended at a 10% ratio in national urban gas consumption, it can replace approximately 15 billion cubic meters of natural gas annually, correspondingly reducing carbon dioxide emissions by approximately 30 million tons.Mayor of Tel Aviv, Israel: Iranian airstrikes have rendered more than 1,000 apartments in the city uninhabitable.

European Open: Commodity currencies track futures markets lower

Skylar Shaw

Apr 08, 2022 11:37

The ASX 200 index in Australia is presently trading at 7,444.70, down -45.4 points (-0.61%).


The Nikkei 225 index in Japan has dropped -448.64 points (1.64%) and now trades at 26,901.66.


The Hang Seng index in Hong Kong has dropped -289.22 points (1.31%) and is now trading at 21,791.30.


China's A50 Index is presently trading at 13,868.31, down -99.87 points (-0.71%).

The United Kingdom and Europe:


The FTSE 100 futures in the United Kingdom are now down -4 points (-0.05 percent), with the cash market expected to open at 7,583.70.


Futures on the Euro STOXX 50 are now down -6 points (-0.16%), with the cash market expected to open at 3,818.69.


The DAX futures in Germany are now down -37 points (-0.26%), with the cash market expected to open at 14,114.69.


For the second day, Asian markets were pulled down by the FOMC-induced selloff on Wall Street, with the Nikkei leading the way down and plummeting to a near 3-week low. All of the key Asian benchmarks we follow were in the red, and futures suggest another dismal start.


Market Internals (FTSE)


Our research did not fare well in yesterday's price movement. All of Tuesday's gains were reversed as prices pulled back to (and fell under) the 7575 support level. Nonetheless, it maintained above Tuesday's low and recouped around two-thirds of the day's losses, forming a hammer candle at the closing. A break of the low confirms the formation as a 1-bar bearish reversal (hanging man), whilst a break of the high confirms the formation as a bullish hammer.


  • Futures in the United States: The DJI futures are now down -148 points (-0.43 percent )

  • Futures on the S&P 500 are now down -53.5 points (-0.37 percent )

  • Futures for the Nasdaq 100 are now down -18.25 points (-0.41 percent )

  • 4249.45 on the FTSE 350 index (-0.34 percent ) 6th of April, 2022

  • 265 (75.50 percent) stocks rose, while 81 (23.08 percent) fell.


Eight stocks sank to new 52-week lows, while 22 advanced to new highs.


Over the last 200 days, 34.47 percent of equities have closed above their 200-day average.


A total of 56.98 percent of stocks finished higher than their 50-day average.


7.69% of stocks ended higher than their 20-day average.


Premier Foods PLC (PFD.L) outperformed by 5.96 percent, Syncona Ltd (SYNCS.L) by 5.64 percent, and Indivior PLC by 4.02 percent (INDV.L)


Capricorn Energy PLC is a -8.57 percent underperformer (CNE.L)


Aston Martin -7.54 percent 888 Holdings PLC (AML.L) -7.51 percent Lagonda Global Holdings PLC (AML.L) -7.51 percent (888.L)


The Fed's weight continues to bear down on commodity currencies.


At the moment, we appear to be witnessing a lot of countertrend movements in the currency markets. Commodity FX has continued to retreat from highs as it becomes clear that the RBA and RBNZ are following the Fed's hawkish path, with the AUD and NZD among the weakest majors today.


AUD/USD has reversed all of this week's gains and is on the verge of forming a bearish pinbar at present levels. The week's high failed to break through the upper Keltner channel, and a quick look at lower timeframe momentum implies the week might be closed at present levels. But it doesn't rule out the possibility of a rally ahead of a lower-level breach.

Suggestion