- FX – USDIndex rose to a high of 101.80, but lost most of its gains and finished at 101.50. USDJPY spiked to 135.75. The 50 minute delay in the announcement versus the average time saw JPY turn jumpy and USDJPY slipped to the lows before the headlines hit.
- Stocks – The US500 surged 1.96% & the US30 was up 1.57%. #Amazon up 4.6% posted $3.2 billion profit as it goes through multiple rounds of layoffs. The cost cuts and surprisingly strong sales in the cloud-computing division helped the e-commerce giant weather an uncertain economy. #DeutscheBank +2.54% has agreed to buy Numis in a deal that values the UK broker at £410mn, the two companies announced on Friday. #META +14%. #Natwest +2.01% profits increased by a better than expected almost 50%. #Tesla +4.19%.
Commodities – USOil eased a bit at $75.40.- Gold – has slipped to $1979 per oz from $2003.
- Cryptocurrencies – BTC flattened at $29750 from $26K lows.
Biggest FX Mover @ (06:30 GMT) USDJPY (+1.29%) up to 135.75. MAs aligned higher, MACD histogram & signal line rising, Stochastics at 89 and rising.
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Andria Pichidi
Market Analyst
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