Weekly Market Wrap With Gary Thomson: CAC 40, AUD, OIL, AMAZON

FXOpen

Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of  FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.

  • European Stock Markets on All-Time Roll Despite Economic Bleakness
  • Australian Dollar Weakens amid Inflation News
  • Brent Crude Oil Makes Sudden Rally As OPEC Countries Mull Low Output
  • AMZN Share Price Hits 25-Month High After Inclusion in DJIA Index

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This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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Latest articles

Indices

DAX 40 Index Closes Above 20,000 for the First Time

On 24 October, we noted that the DAX 40 stock index (Germany 40 mini on FXOpen) was losing bullish momentum and could break downward from the Bearish Rising Wedge pattern (marked with black lines).

Since then, as indicated by the

Shares

Apple (AAPL) Stock Hits Record High

The Apple (AAPL) stock chart reveals:
→ Yesterday’s closing price exceeded $242 for the first time in history.
→ The stock has risen nearly 30% since the start of 2024.
→ Over the past 30 days, it has gained approximately 9%.

Dan

Forex Analysis

Yen Strengthens on Rate Hike Expectations; Euro Tests Recent Lows

USD/JPY

Over the past week, the USD/JPY pair dropped by approximately 500 pips. As anticipated, sellers tested the critical 150.00–149.00 range. This level may serve as the starting point for an upward corrective rebound.

The

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