CSFX Market News | Global Market Update

  SIEMENS JUMPS, SEES RISING RETURNS FROM BULGING ORDERS. SIEMENS AG gained on expectations for higher margins from factory automation equipment and software products next year as order books rise to a record even as the global economy takes a turn for the worse. The shares jumped as much as 8% in early Frankfurt trading, the most since March. Orders during fiscal 2022 climbed 17%, taking the backlog to a record €102 billion ($106 billion), Siemens said Thursday. Siemens said it expects earnings per share to more than double in the year ending September 2023 to a range of around 8.95 euros a share, seeing strong growth in all its main industrial businesses. That confidence underpinned a 6% increase in its annual dividend to €4.25 a share from €4.00. Conspicuously, it forecast that orders would continue to outpace revenue over the last 12 months, a forecast that contrasts markedly with the sharp decline in orders to German manufacturers over recent months. It said its forecast assum...

  During a recession, the unemployment rate normally rises because there is a lack of demand for products and services, which leads to a lack of need for employees. As a result of state and local governments implementing stay-at-home orders in reaction to the COVID-19 epidemic, the unemployment rate rose from 3.5 percent in February 2020 to a record 14.8 percent in April 2020, triggering the most recent U.S. recession. The exceptional loss of 22.1 million jobs between January and April 2020 triggered this massive increase in the unemployment rate. However, the economy quickly recovered, and the COVID-19 recession was the shortest on record. Prior to the epidemic, the United States had been experiencing its longest era of expansion in history. The Great Recession, which began in December 2007 and concluded in June 2009, was followed by a protracted period of rising economic activity. During the Great Recession, the worst economic slump in the United States since the Great Depression...

  investors digested Fed Chair Powell’s comments ON INFLATION Asia-Pacific stocks were mostly down on Thursday morning. The Shanghai Composite is up 1.52% at 3,316.55. Overall, the Singapore MSCI is up 0.67% at 283.95. Over in Hong Kong, the Hang Seng Index is up 1.52% at 21,299. In Japan, the Nikkei 225 is up 0.08% at 26,120.00, while the Topix index is down 0.05% at 1849.00. South Korea’s Kospi is down 1.22% at 2,314.32. Australia S&P/ASX 200 up 0.31% at 6528.40. Top News of the Day: Wall Street’s main indexes ended with slim losses on Wednesday after choppy trading as energy shares weighed and investors digested Federal Reserve Chair Jerome Powell’s comments on the central bank’s aim to bring down inflation. After opening lower, major U.S. indexes had erased losses following Powell’s testimony before a Senate committee, but then they faded into the close. Market Summary as per 22/06/2022: European equities Wednesday closing. The DAX futures contract in Germany traded down 1....

  EXXON MOBIL TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, EXXON MOBIL is trading in an up channel. EXXON MOBIL is currently trading above all SMA. RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness. Its immediate support is 83.35 & the resistance level is at 88.11. EXXON MOBIL will trade in the up channel until there is trend reversal. EXXON MOBIL TECHNICAL ANALYSIS: DAILY CHART CLICK HERE FOR FULL REPORT 900% TRADABLE BONUS  650 TRADABLE BONUS  DAILY  LIVE TRADING SIGNALS  DAILY  TECHNICAL ANALYSIS REPORT  OPEN  LIVE ACCOUNT /  DEMO ACCOUNT FOR MORE UPDATE VIST US  HERE 

  INTEL CORP. TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, INTEL CORP. is trading in a down channel. INTEL CORP. is currently trading below all SMA. RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness. Its immediate support is 37.65 & the resistance level is at 43.46. INTEL CORP. will trade in the down channel until there is trend reversal. INTEL CORP. TECHNICAL ANALYSIS: DAILY CHART CLICK HERE FOR FULL REPORT 900% TRADABLE BONUS  650 TRADABLE BONUS  DAILY  LIVE TRADING SIGNALS  DAILY  TECHNICAL ANALYSIS REPORT  OPEN  LIVE ACCOUNT /  DEMO ACCOUNT FOR MORE UPDATE VIST US  HERE 

  BP PLC TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, BP PLC is trading in an up channel. BP PLC is currently trading above all SMA. RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness. Its immediate support is 408.95 & the resistance level is at 430.71. BP PLC will trade in the up channel until there is trend reversal. BP PLC TECHNICAL ANALYSIS: DAILY CHART CLICK HERE FOR MORE INFO.

  TOP 5 STOCKS TO WATCH OUT TODAY Visa Inc (V):  Visa is one of the few mega-cap companies to post an unequivocally positive earnings report so far this season. Despite this huge headline numbers on its report, Visa stock didn’t move up that much. As investors digest the impressive results, Visa shares should move higher. The company’s fiscal second-quarter earnings leapt to $1.79 per share from $1.38 per share for the same period a year earlier. Importantly, this was miles ahead of analyst expectations at $1.65. Payment volumes also jumped, surging 17% year over year, with all-important cross-border transactions up a sizzling 38%. Those international payments are vital, since Visa gets to keep a much higher take rate on that class of purchases. While the tech sector is having a downbeat earnings season, the consumer is still strong and international travel is back on the upswing. With Visa stock still down sharply from its 52-week highs, opportunity lurks. Waters Corp. (...

  MICROSOFT CORP. TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, MICROSOFT CORP. is trading in a down channel. MICROSOFT CORP. is currently trading below all SMA. RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness. Its immediate support is 240.27 & the resistance level is at 262.55. MICROSOFT CORP. will trade in the down channel until there is trend reversal. MICROSOFT CORP. TECHNICAL ANALYSIS: DAILY CHART CLICK HERE FOR FULL REPORT

  BOEING INC. TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, BOEING INC. was trading in a down channel. BOEING INC. is currently trading below all SMA. RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 120.54 & the resistance level is at 143.19. BOEING INC. was trading in the down channel before there is breakout downside. BOEING INC. TECHNICAL ANALYSIS: DAILY CHART Click Here For Full Report

  GOLDMAN SACHS TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, GOLDMAN SACHS is trading in a down channel. GOLDMAN SACHS is currently trading below all SMA. RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness. Its immediate support is 296.01 & the resistance level is at 326.35. GOLDMAN SACHS will trade in the down channel until there is trend reversal. GOLDMAN SACHS TECHNICAL ANALYSIS: DAILY CHART CLICK HERE FOR FULL REPORT

  LYFT INC. TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, LYFT INC. is trading in a down channel. It is trading below all SMA. The immediate support is 32.20 & the resistance level is at 36.05. LYFT INC. is trading in the down channel until there is trend reversal. LYFT INC. TECHNICAL ANALYSIS: DAILY CHART CLICK HERE FOR FULL REPORT

  LYFT INC. TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, LYFT INC. is trading in a down channel. It is trading below all SMA. The immediate support is 32.19 & the resistance level is at 38.11. LYFT INC. is trading in the down channel until there is trend reversal. LYFT INC. TECHNICAL ANALYSIS: DAILY CHART CLICK HERE FOR FULL REPORT

  BOEING CO. Technical Analysis: Weekly Chart In the weekly charts, BOEING CO. is trading in a down channel. It is trading below all SMA. The immediate support is 187.20 & the resistance level is at 200.77. BOEING CO. is trading in the down channel until there is trend reversal. CLICK HERE FOR FULL REPORT

  TWITTER Technical Analysis: Weekly Chart In the weekly charts, TWITTER is trading in a down channel. It is trading below all SMA. The immediate support is 31.93 & the resistance level is at 41.62. TWITTER is trading in the down channel until there is a trend reversal. TWITTER Technical Analysis: Daily Chart READ FULL REPORT - CLICK HERE

  ROYAL DUTCH SHELL Technical Analysis: Weekly Chart In the weekly charts, ROYAL DUTCH SHELL is trading in an up channel. It is trading above all SMA. The immediate support is 21.27 & the resistance level is at 23.35. ROYAL DUTCH SHELL is trading in the up channel until there is a trend reversal. ROYAL DUTCH SHELL Technical Analysis: Daily Chart CLICK HERE FOR FULL REPORT

  CITI GROUP INC. TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, CITI GROUP INC. is trading in the down channel. It is trading above 100 days SMA & below 20 and 50 days SMA. The immediate support is 60.00 & the resistance level is at 63.58. CITI GROUP INC. is trading in the down-channel until there is a trend reversal. CITI GROUP INC. TECHNICAL ANALYSIS: DAILY CHART Read Full Report - Click Here

  DAX 40 PRICE TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, DAX 40 is trading in a downward channel. DAX 40  is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. DAX 40 will follow a downward trend in the coming weeks. READ FULL REPORT - CLICK HERE

  Asia Pacific stocks were down on Thursday morning, with the focus squarely on the crisis in Eastern Europe. The Shanghai composite is down 1.85% at 3,424.53. Overall, the Singapore MSCI down 4.02% at 330.30. Over in Hong Kong, the Hang Seng Index down 3.06% at 22,947.00. In Japan, the Nikkei 225 down 1.89% at 25,930.00, while the Topix index is down 1.28% at 1857.50. South Korea’s Kospi down 2.60% to 2648.80. Australia S&P/ASX 200 down 2.99% at 6990.60. European equities Wednesday closing. The DAX futures contract in Germany traded down 0.42% at 14631.36, CAC 40 futures down 0.10% at 6780.68 and the UK 100 futures contract in the U.K. up 0.05% at 7,498.19. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.38% at 33131.77. The S&P 500 down 1.84% at 4225.49 and the Nasdaq 100 down 2.60% at 13509.43, NYSE closes down 1.21% at 16019.58. In the Forex market, GBPUSD down 0.31% at 1.3499. The USDJPY down 0.48% at 114.434. The USDCHF up 0.06% at 0.9178. EURUS...

  AUDNZD BUY = 1.0731 TARGET= 1.0746 SL= 1.0725 SILVER SELL = 23.685                                                                                                                                 TARGET= 23.574 SL= 23.834 CHECK DAILY FOREX & STOCK SIGNALS - CLICK HERE                 

  Asia Pacific stocks were mostly down on Wednesday morning. The Shanghai composite is down 0.63% at 3,547.44. Overall, the Singapore MSCI down 0.03% at 342.60. Over in Hong Kong, the Hang Seng Index down 0.10% at 24,013.00. In Japan, the Nikkei 225 down 3.08% at 27,380.00, while the Topix index is down 2.96% at 1919.00. South Korea’s Kospi down 0.75% to 2842.88. Australia S&P/ASX 200 down 1.03% at 7332.50. European equities Tuesday closing. The DAX futures contract in Germany traded down 1.01% at 15772.56, CAC 40 futures down 0.94% at 7133.84 and the UK 100 futures contract in the U.K. down 0.63% at 7,563.54. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.51% at 35368.48. The S&P 500 down 1.84% at 4577.10 and the Nasdaq 100 down 2.57% at 15210.76, NYSE closes down 1.56% at 16950.91. In the Forex market, GBPUSD up 0.10% at 1.36082. The USDJPY down 0.27% at 114.281. The USDCHF down 0.14% at 0.9159. EURUSD up 0.07% at 1.13320, EUR/GBP down 0.04% at 0.8...