Category

Market Structure & Technicals

5 articles
Global markets demonstrated resilience and reached record highs amid encouraging economic data. European equities advanced to an all-time high, supported by softer US payroll figures that diminished expectations of imminent Federal Reserve rate hikes, while the UK’s FTSE 100 experienced a slight dip following disappointing services PMI data. In Asia, the Nifty 50 also climbed to a one-month high, and Bitcoin surged past $62,000, fueled by renewed ETF inflows and easing rate hike concerns. These developments suggest investors are cautiously optimistic, balancing concerns about geopolitical risks with the potential for continued economic expansion.