Dow Jones and FTSE 100 Forecast for the Week Forward

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Dow Jones and FTSE 100 Forecast for the Week Forward

Fairness Evaluation and InformationDow Jones | Company Earnings, NFP and Federal Reserve to Drive the IndexFTSE 100 | Election Da


DJI 2-Hour Chart

Fairness Evaluation and Information

  • Dow Jones | Company Earnings, NFP and Federal Reserve to Drive the Index
  • FTSE 100 | Election Dangers Rising Whereas Brexit Deal Optimism Fades

Percent Change in Various Indices

Supply: Thomson Reuters, DailyFX

Dow Jones | Company Earnings, NFP and Federal Reserve to Drive the Index

The Dow Jones has been among the many underperforming property all through the week amid a raft of softer than anticipated earnings experiences for index heavyweights, Boeing and Caterpillar. As we glance in the direction of subsequent week, earnings will kick into excessive gear for US indices with the likes of Apple, Fb, Google and Pfizer to announce their Q3 outcomes.

Except for firm earnings, there will probably be loads of key US knowledge for market contributors to digest. On Friday, we are going to see the US jobs report wherein consensus is for a studying of 90okay. The labour market is seemingly slowing down with the YTD common jobs achieve of 168okay from 223okay in 2018. Elsewhere, preliminary Q3 GDP from each the Euro space and the US are due, whereas the Federal Reserve are anticipated to chop rates of interest by one other 25bps, nonetheless, on condition that that is largely priced in, the main target will focus on Powell’s rhetoric as as to whether one other price lower will happen in December.

US NFP Chart

FTSE 100 | Election Dangers Rising Whereas Brexit Deal Optimism Fades

FTSE 100 posted its largest weekly achieve in 9-monthsbecause the Pound pulled…



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