{"id":2385,"date":"2020-10-08T14:04:00","date_gmt":"2023-03-31T20:19:07","guid":{"rendered":""},"modified":"2024-05-29T08:08:18","modified_gmt":"2024-05-29T08:08:18","slug":"market-daily-outlook-ecb-monetary-policy-and-us-politics-lead-the-markets","status":"publish","type":"post","link":"https:\/\/blog.zulutrade.com\/fr\/market-daily-outlook-ecb-monetary-policy-and-us-politics-lead-the-markets\/","title":{"rendered":"Market Daily Outlook – ECB Monetary Policy and US Politics lead the markets"},"content":{"rendered":"

The positive sentiment still remains on equity markets just before the ECB monetary policy meeting and after the talks over the relief package to the airline industry.  Yesterday most US and EU indices had solid gains while they still look bullish today as well.<\/span><\/p>\n

CopyTrade with ZuluTrade<\/span><\/a><\/p>\n

On major US news, the latest poll by Quinnipiac University <\/span>shows<\/span><\/a> an 11% lead in Florida to Biden over Trump while 13% in Pennsylvania and 5% in Iowa respectively. In the meanwhile, Trump <\/span>continues<\/span><\/a> to use “hostile” wording against China due to Covid-19 as he promised that they going to pay for the damage caused by the pandemic. Elon Musk, CEO of Tesla, <\/span>informed<\/span><\/a> his employees that it is possible to produce 500.000 cars within 2020, which helped to boost the company’s share gains. <\/span><\/p>\n

On major EU-UK news,  Charles MIchel, ECB president, tweeted:<\/span>
\"\"
<\/span><\/p>\n

UK is already <\/span>thinking <\/span><\/a>of new measures for fighting the coronavirus spread as the new cases were increased to 14k per day<\/span><\/p>\n

On global news, France, U.S., and Russia escalate their efforts to help Armenia and Azerbaijan stopping their war conflict in Nagorno-Karabakh by initiating talks in Geneva on Thursday. Samsung announced its highest profit in two years in the third quarter as it surged by 58%.<\/span><\/p>\n

Reviewing the technical view, SPX500 closed above 50SMA in the daily timeframe and faces currently the latest major swing high at 3428. NAS100 is still in consolidation mode, though, the breakout of 11549 will potentially initiate the next bullish leg. <\/span><\/p>\n

SPX500 Daily<\/span><\/p>\n

\"\"<\/span><\/p>\n

NAS100 Daily<\/span><\/p>\n

\"\"<\/span><\/p>\n

CopyTrade with ZuluTrade<\/span><\/a><\/p>\n

XAUUSD is ranging from $1877 (support) to the grey zone (resistance) and bias is still no clear.<\/span><\/p>\n

XAUUSD 240min<\/span><\/p>\n

\"\"<\/span><\/p>\n

USOil is rallying to the upside after testing 20EMA successfully as Hurricane Delta is forcing oil producers in the Gulf of Mexico to stop their operations once again. The grey zone acts a major resistance zone for the participants. <\/span><\/p>\n

USOil 240m<\/span><\/p>\n

\"\"<\/span><\/p>\n

Disclaimer<\/strong><\/p>\n

The views expressed do not constitute investment or any other advice \/recommendation \/suggestion and are subject to change. Reliance upon information in this material is at the sole discretion of the reader. Opinions expressed in the report do not represent the opinion of<\/span> ZuluTrade Social Trading Platform<\/span><\/a> and do not constitute an offer or invitation to anyone to invest or trade.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The positive sentiment still remains on equity markets just before the ECB monetary policy meeting and after the talks over the relief package to the airline industry.  Yesterday most US and EU indices had solid gains while they still look bullish today as well. CopyTrade with ZuluTrade On major US news, the latest poll by […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2385","post","type-post","status-publish","format-standard","hentry","category-market-view"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1716969964:4"],"rank_math_seo_score":["15"],"rank_math_og_content_image":["a:2:{s:5:\"check\";s:32:\"645f1f5db70f00e216ab147d4141f5ac\";s:6:\"images\";a:5:{i:0;s:44:\"\/image.axd?picture=\/2020\/1082020\/charles.PNG\";i:1;s:56:\"\/image.axd?picture=\/2020\/1082020\/SPX500Daily 8102020.png\";i:2;s:56:\"\/image.axd?picture=\/2020\/1082020\/NAS100Daily 8102020.png\";i:3;s:53:\"\/image.axd?picture=\/2020\/1082020\/XAUUSDH4 8102020.png\";i:4;s:56:\"\/image.axd?picture=\/2020\/1082020\/USOilSpotH4 1082020.png\";}}"],"rank_math_analytic_object_id":["155"]},"pll_post_group":null,"_links":{"self":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/comments?post=2385"}],"version-history":[{"count":1,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2385\/revisions"}],"predecessor-version":[{"id":3979,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2385\/revisions\/3979"}],"wp:attachment":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/media?parent=2385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/categories?post=2385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/tags?post=2385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}