12th May Monday Market update #183: Everyone loves a deal; leading to risk-on giddiness.
- Paul Wallace
- 24 minutes ago
- 2 min read
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Hello Traders,
Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few 'charts of interest' thrown in. There are no trade recommendations, this is not a signal service, nor trade recommendations - just what I am looking at and interested in.
Today we looked at; FX STAM, Deutsche Bank Ag ($DB), Walmart Inc ($WMT), Walt Disney Company ($DIS), 302132 Avic Chengdu Aircraft Company ($302132), and Dassault Aviation ($AM).
The Monday Market Update for May 12th, 2025, discussed market trends and key indicators. The weekend analysis had highlighted that the Swiss Franc and Sterling were top performers, while the US dollar and Aussie dollar lagged. However, the positive outcome from the US-China trade talks had majorly impacted risk appetite, with the Japanese yen and Swiss franc weakening against the dollar this morning. Indices showed strong performances, with most in the green. Oil prices rose, and Bitcoin surged above $100,000. Upcoming data, including US CPI and UK GDP, were noted as potential market movers. The session also covered specific stocks like Deutsche Bank, Walmart, and Disney, emphasizing their recent performance and future outlook.
We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $N225, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, $AUD, $CHF, $NZD and $GBP.
Have a great trading week, and I’ll see you next Monday at 1230.
Trade well,
Paul
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