🚨🚨Global Equity Markets today 31 JAN
- **US Markets**:
- **S&P 500**: Flat near 6,000, with tech stocks like Nvidia (+8%) leading gains.
- **Nasdaq**: Up 2%, recovering from recent losses.
- **Boeing**: Surged 6% despite reporting its worst annual loss since 2020.
- **General Motors**: Fell 8.2% despite strong earnings guidance.
-Asia/Europe
- **Hang Seng**: Down 1.2% on China property sector concerns.
- **DAX**: Up 0.5% on stronger industrial data.
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Forex & Central Banks
- **USD**: Steady at 105.0 ahead of the Fed’s rate decision.
- **EUR/USD**: Testing support at 1.0700 amid ECB rate-cut expectations.
- **USD/JPY**: Consolidating near 155.22 with bearish momentum.
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Commodities
- **Oil**: Rose to $81/bbl on colder weather and tighter sanctions.
- **Gold**: Edged up 0.76% to $2,762.19, nearing record highs.
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Key Events & Data Today
- **Fed Rate Decision**: Expected to hold rates at 5.25–5.50%.
- **US Jobless Claims**: Forecast at 235K (prev. 238K).
- **Eurozone CPI**: Expected at 2.5% (core).
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Key Risks & Trends
- **Tech Volatility**: AI-driven stocks face pressure from cost-efficient models.
- **Tariff Concerns**: New US tariffs may worsen inflation.
- **Geopolitical Tensions**: Sanctions on Russian oil could disrupt supply chains.
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Notable Stock Movements
- **Starbucks**: Rose 3.2% post-market after better-than-expected sales.
- **Royal Caribbean**: Jumped 7.9% on strong profit forecasts.
- **Lockheed Martin**: Fell 8.5% due to weak guidance.
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Technical Outlook
- **S&P 500**: Neutral near 6,000; support at 5,450, resistance at 6,100.
- **Bitcoin**: Holds $62,000; resistance at $65,000, support at $60,000.
- **AUD/JPY**: Bearish below 98.848; break below 97.394 could trigger further declines.
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Conclusion
Today’s market dynamics hinge on the Fed’s messaging, tech earnings, and geopolitical developments. Monitor tariff announcements, oil supply risks, and China’s PMI data for directional cues.
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- RocketBull·01-31 22:49Great article, would you like to share it?LikeReport