Charts Today - 14 Mar 2018 - US tech stocks give up gains

  • US dollar weak again, Sterling stronger.

  • Bitcoin looking more bearish

  • US stocks pull back, but futures point to recovery

  • Europe sagging, Asia off 0.5% generally

  • Crude oil weakening, Gold and silver turn short term bullish

  • US 10 year yields pull back sharply

  • US tech giants give up some recent gains.

Nothing in this material constitutes advice and the content may have been prepared some time ago with the position having changed since. Specialist advice should be taken in relation to specific circumstances. No warranty, express or implied, is given as to its accuracy and we do not accept any liability for error or omission in the information contained in this material. Updata Limited and its employees shall not be liable for any damage (including, without limitation, damage for loss of business or loss of profits) arising in contract, tort or otherwise from any action or decision taken as a result of viewing this material. The views expressed in this material do not necessarily reflect the views of the officers, directors or any employee of Updata Limited.

Recommended Content


Recommended Content

Editors’ Picks

USD/JPY jumps above 156.00 on BoJ's steady policy

USD/JPY jumps above 156.00 on BoJ's steady policy

USD/JPY has come under intense buying pressure, surging past 156.00 after the Bank of Japan kept the key rate unchanged but tweaked its policy statement. The BoJ maintained its fiscal year 2024 and 2025 inflation forecast, disappointing the Japanese Yen buyers. 

USD/JPY News

AUD/USD consolidates gains above 0.6500 after Australian PPI data

AUD/USD consolidates gains above 0.6500 after Australian PPI data

AUD/USD is consolidating gains above 0.6500 in Asian trading on Friday. The pair capitalizes on an annual increase in Australian PPI data. Meanwhile, a softer US Dollar and improving market mood also underpin the Aussie ahead of the US PCE inflation data. 

AUD/USD News

Gold price keeps its range around $2,330, awaits US PCE data

Gold price keeps its range around $2,330, awaits US PCE data

Gold price is consolidating Thursday's rebound early Friday. Gold price jumped after US GDP figures for the first quarter of 2024 missed estimates, increasing speculation that the Fed could lower borrowing costs. Focus shifts to US PCE inflation on Friday. 

Gold News

Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high

Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high

Stripe announced on Thursday that it would add support for USDC stablecoin, as the stablecoin market exploded in March, according to reports by Cryptocompare.

Read more

US economy: Slower growth with stronger inflation

US economy: Slower growth with stronger inflation

The US Dollar strengthened, and stocks fell after statistical data from the US. The focus was on the preliminary estimate of GDP for the first quarter. Annualised quarterly growth came in at just 1.6%, down from the 2.5% and 3.4% previously forecast.

Read more

Majors

Cryptocurrencies

Signatures