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  2. Date: 7th May 2024. Dow Jones Close To 1-Month High, Eyes on Disney Earnings. The stock market trades at a 3-week high after significant support from the latest earning reports and US employment data. Economists continue to expect a rate cut no earlier than September 2024 despite the US unemployment rate rising to 3.9%. The US Dollar Index trades higher on Tuesday and fully corrects the decline from NFP Friday. Dow Jones investors wait for Disney to release their latest quarterly earnings data. The stock holds a weight of 1.93%. USDJPY – The US Dollar Regains Lost Ground The USDJPY is an interesting pair on Tuesday as the US Dollar is the best performing currency within the market while the Yen is witnessing the strongest decline. Investors will continue to monitor as we enter the European Cash Open to ensure no significant changes. The exchange rate has been declining since the 29th of April when the Japanese Government is believed to have intervened and strengthened the Yen. However, the US Dollar has been gaining over the past 24 hours. During this morning’s Asian Session, the exchange rate trades 0.44% higher. Currently the only concern for the US Dollar is the latest employment data which illustrates a potential slowing employment sector. However, investors are quick to point out that this cannot be known simply from 1 weak month. This is the first time the NFP data read lower since November 2023. No major data is in the calendar for the next two days which can influence the US Dollar. Despite the weaker employment data and lower wage growth, investors continue to predict a rate cut no earlier than September 2024. This is something which can also be seen on the CME FedWatch Tool, which shows a 34.3% chance of rates remaining unchanged in September. In regard to the Japanese Yen, most analysts expect the next rate increase in the second half of this year depending on a stable movement of inflation. In addition, investors are monitoring the actions of financial authorities, expecting new currency interventions from them against a weakening Yen. This is the main concern for investors speculating against the Yen. However, economists continue to advise the Yen will struggle to gain even with a small rate hike, unless the rest of the financial world starts cutting rates. USA30 – Investors Turn To Disney Earnings Data! The Dow Jones is close to trading at a 1-month high and is also trading slightly higher this morning. The index recently has been supported by the latest employment data which indicates a higher possibility of rate cuts by the Fed. Today investors focus on the quarterly earnings report for Disney. Disney stocks are trading 0.37% higher during this morning’s pre-trading hours indicating investors believe the report will be positive. So far this year the stock is trading 28.40% higher and is one of the better performing stocks. Yesterday, the stock rose by 2.47% but remains significantly lower than its all-time high of $197. Currently analysts believe the earnings data will either be similar to the previous quarter or slightly lower. If earnings and revenue read higher, the stock is likely to continue rising. The stock is the 22nd most influential stock for the Dow Jones and will only influence the USA30 and USA500, not the USA100. Currently, technical analysis continues to indicate a strong price sentiment. The price trades above the 75-bar EMA and above the VWAP. In addition to this, the RSI is trading at 68.11 which also signals buyers are controlling the market. The only concern for traders is retracements. A weaker retracement could decline to $38,703, whereas a stronger retracement can fall back to $38,571. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Michalis Efthymiou Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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  4. The amount of 0.1 USD has been deposited to your account. Accounts: U42819369->U366*** Викторина в чате Profit-Hunters BIZ.. Date: 18:37 ☀️ 06.05.24. Batch: 591272101.
  5. Today
  6. 🎉 Big news! 🏆 User ID 37419370 is the Win A Lambo Round 10 WINNER, driving away with a Lamborghini Huracan! 🏆 With an impressive 34,688 tickets held, User 37419370 faces a thrilling decision: Lamborghini or 3.14 BTC.
  7. 06.05.24 15:56 Активировать Электронный ваучер №7356660112 активирован. Сумма: 1,01 доллар США. Партия: 590941446 Спасибо за Баунти!!!
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  10. Спасибо за бонус The amount of 0.1 USD has been deposited to your account. Accounts: U428->U222. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 18:35 07.05.24. Batch: 591494597
  11. The amount of 0.2 USD has been deposited to your account. Accounts: U42819369->U190. Memo: API Payment. Викторина в чате Profit-Hunters. Date: 18:35 07.05.24. Batch: 591494486.
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  17. Спасибо за викторину! The amount of 0.2 USD has been deposited to your account. Accounts: U42819369-U161XXXX3. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 18:35 07.05.24. Batch: 591494511.
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  19. 05.05.24 20:41 Получать Поступил платеж 0,1 USD со счета U42819369 на счет U36512265. Пакет: 591070697. Памятка: Оплата через API. Викторина в чате Profit-Hunters BIZ. Спасибо ☺️
  20. 05.06.24 07:46 E-voucher Activate e-Voucher #0674368075 has been activated. Amount: 8.4 USD. Batch: 590952492.
  21. Спасибо The amount of 0.2 USD has been deposited to your account. Accounts: U42819369->U38***** Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 18:35 07.05.24. Batch: 591494524
  22. Спасибо! The amount of 0.1 USD has been deposited to your account. Accounts: U42819369->U5634. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 18:35 07.05.24. Batch: 591494544.
  23. Спасибо! The amount of 0.2 USD has been deposited to your account. Accounts: U42819369-U226. Викторина в чате Profit-Hunters BIZ.. Date: 18:35 07.05.24. Batch: 591494529.
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  25. Спасибо 07.05.24 18:35 Receive Received Payment 0.1 USD from account U42819369 to account U24352***. Batch: 591494604. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.
  26. Thanks for a bonus! 07.05.24 18:35 Received Payment 0.2 USD from account U42819369 to account U1336*******. Batch: 591494516. Memo: Викторина в чате Profit-Hunters BIZ.
  27. The amount of 0.2 USD has been deposited to your account. Accounts: U42819369->U29350740. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 18:35 07.05.24. Batch: 591494502.
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