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Bearish_USD
Dollar reverses February gain

The US dollar slid for a third day, wiping out most of its February gains. Bitcoin crossed $48,000 in buying momentum after the Tesla investment. China stocks rallied 2%, the Nasdaq and Russell 2000 hit new highs but the Dow and S&P 500 closed lower.

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S&P 500 hits record after Biden signs stimulus bill

The S&P 500 has crossed back into record high territory following a choppy fortnight thanks to fears over rising bond yields. The euro gained amid dollar weakness despite a dovish ECB meeting. Joe Biden Signed the $1.9 trillion stimulus bill.

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DAX30 hits record high

The German Dax index struck a fresh record high as investors rotate into European markets. The rotation trade in the US went into reverse with Tesla rallying nearly 20% amid a surge in tech stocks that saw the Nasdaq have its best day since November.

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Spain & Italy indices breakout!

News of another successful phase 3 vaccine trial, this time from Moderna has seen the Dow Jones hit a new record high with corresponding breakouts occurring in beaten-down European indices.

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Tesla excluded from S&P500!

The S&P 500 index committee left out Tesla in its latest reshuffle and Japanese conglomerate Softbank apparently played a part in causing recent tech volatility. Today China trade balance and German industrial production data is released.

DAX40
DAX index grows from 30 to 40 stocks

The DAX index is testing technical support in the run up to the addition of 10 new stocks on September 20. The dollar dipped, while the pound rose slightly on the highest UK inflation in 9 years.