Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations

15:30

Macro USA: The number of initial unemployment claims in the United States last week was 222,000, while the expectation was 240,000 claims. Last week the number was only 199,000 (when economists expected 260,000 claims), setting the lowest level since 1969. In the week before that, 270,000 unemployment claims were filed, above expectations.

15:10

About an hour and a half before the opening of trading in the US, and the contracts also succumbed to market pressure and they are slowly changing direction. %.

In the pre-Boeing arena it stands out with a 5% increase, while Modern and Apple governs about 2.6%. Riskipade, Israelis and Lance Redhill focus on interest.

In the oil market, increases of about 2% that were recorded earlier have been deleted and now both types of crude oil are trading stably. WTI oil is trading around $ 65.6 a barrel, and Brent oil at $ 68.9.

In Europe, the trend is still negative and strengthening. Dax is down 1.4%, Kak is down 1.2% and Potsey is down 0.8%. The crypto market is declining at low rates, and Bitcoin is trading around $ 56.5 thousand.

13:25

The declines in European markets are intensifying: Dax is down 1.2%, Kak is down 1%, Eurostox 50 is down 1.4%. Potsy is still trading down 0.7%. Futures are still green.

In the early trading arena, the Israeli cannabis company IMC Cut by 7.5%, after diving by 16% yesterday. The company reported yesterday that it will acquire 51.3% of Oranim Plus Pharm, which owns a majority of the medical cannabis pharmacy in Jerusalem, Oranim. The total consideration is NIS 11.9 million (approximately $ 4.9 million), of which NIS 10.4 million in two cash payments and the balance in shares.

Risked , Valence and Stratiss strengthen in the pre-. Modern Loses almost 4%.

11:50

Trading in Europe continues to be in a negative trend, but more moderate than at the time of opening. Dax is down 1%, Potsy is down 0.7% and Kak is down 0.8%. Eurostox 50 weakened 1.1%, the Amsterdam index shed 1.3% – the highest decline currently in Europe.

In the futures trading arena, the increases are actually getting stronger. Contracts for the Dow Jones are up close to 0.9%, the S&P 500 is up 0.6% and the Nasdaq is up 0.3%.

In the commodity market, increases are also increasing, with both types of oil climbing by more than 2%. The bond market has seen moderate gains, with the yield on the 10-year US government bond standing at 1.45% – an increase of two basis points since this morning.

10:20

Trading day in European markets opened with strong declines, with Dax dropping 1.3%, Potsy falling 1%, Kak losing 1.2% and Eurostox 50 falling 1.6%.

The declines are widespread and cross the stock from most industries, but the declines of various tourism companies stand out against the background of the fear of Omicron – despite the reassuring message of the World Health Organization. In London American Airlines is down 2%, the intercontinental hotel chain is down 1.8%, the owner of British Airways IAG is down 1.7%. Despite rising oil prices, BP and Royal Dutch also retreated.

The pharmaceutical company stands out in Frankfurt soup Which decreases by 1.7%, and more declines are recorded in Adidas , Volkswagen , puma , BMW andDeutsche Bank Which decreases by 1%. In Paris stock Hermes Decreases by 2.3%, Renault Weakened by 2% and also Michelin , Louis Vuitton , Ex , L’Oreal andAirbus Lose height.

Asian stocks moderated to close and the Shanghai Composite index ended the day down 0.1% after trading on the positive side in recent hours. Shenzhen was down 0.2%, Nikkei was down 0.6%. On the other hand, Hang Seng added 0.3%, Kusfi advanced 1.6% and the China 50 index rose 0.5%.

Softbank mimics 5% in Tokyo, Nissan down 2.7% and Mitsubishi 3.1%. In Hong Kong Alibaba was down 2.5%, Tencent and Mitouan made slight progress. Samsung was up 1.9% in Seoul, Hyundai was up 2.2%, LG was up 1.6%.

8:05

In Asia, trading is on a mixed trend with Nikkei losing 0.5% and Shenzhen down 0.2%, while Shanghai up 0.1% and Hang Seng up 0.3%. Cospi rose 1.4%, the Sydney index closed down 0.15%.

In Hong Kong, energy companies are rising, including China Petroleum, which is up 2%, and Petrocina, which is up 0.6%, while Alibaba is down 3.3% and Shiomi is down 0.3%.

In Tokyo, the Softbank group stands out, which is down 4.9%, Mitsubishi Chemical, which is down 8.2% and the oil giant Infax, which is down 2.6%. Nissan, Mitsubishi Motors and Mazda are also losing ground. Sharp rises of Nippon, Mitsui and Kawasaki balance the index.

Yesterday was a volatile day on Wall Street, which began with nice gains of close to 2% and ended with sharp declines after it became known about the first infection in the Omicron variant in San Francisco. Indices immediately changed direction: the Dow Jones fell 1.3%, the S&P 500 fell 1.2% and the Nasdaq fell 1.8%.

This morning futures are trading up 0.6%, in response to a senior World Health Organization official last night who provided a reassuring message about Omicron’s disease and the effectiveness of vaccines against it. “Preliminary data indicate a slight morbidity from Omicron, only minor adjustments in vaccines will be required,” he said.

In the government bond market, there have been moderate increases, and the yield on 10-year bonds has risen by 1.44%.

The shekel is trading stable against the dollar and the euro. The dollar is trading for NIS 3,163, the euro for NIS 3,579. The crypto market is also calming down. Bitcoin is stable at around $ 56.9 thousand, Heather weakened slightly to about $ 4,530.

In the trading arena for crude oil contracts, increases of about 1.5% are recorded. Brent oil trades around $ 69.9 a barrel, WTI at $ 66.5 a barrel. Gold weakened 0.4% to $ 1,776 an ounce.

By Editor

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