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On September 8th, Volker Treier of the German Chamber of Commerce and Industry stated that the setback in German exports in July stemmed directly from fluctuations in trade policy. Exports fell 0.8% month-on-month after five consecutive months of growth. He noted that a relatively weak global economy and increased competition are putting pressure on German exporters. However, exports to the US increased somewhat due to the Trump administrations announcement in July of a 10% tariff on EU imports. But Treier stated that the much-needed boost from an improved business environment for Germany and Europe has yet to materialize.On September 8, French Foreign Minister Jean-Michel Barrow announced that France would halt trade with Israeli settlements in the occupied Palestinian territories. France, along with the United Kingdom, Canada, Denmark, Spain, Finland, Ireland, Iceland, Norway, Poland, Portugal, and Sweden, issued a joint statement that day, committing to restrict trade with Israeli settlements. The joint statement said that the situation in the West Bank is rapidly deteriorating, with settler violence and settlement expansion reaching unprecedented levels. France, the United Kingdom, and Canada will propose national-level measures to ban trade with settlements. Barrow stated that France believes Israel must stop settlement expansion and related violence, and that France cannot support a situation that threatens the security of Israelis and Palestinians and regional peace and stability through trade. He also called on the European Union to take corresponding measures.On September 8th, British Foreign Secretary Ed Miliband announced in the House of Commons a shift in the UK governments Middle East policy and new sanctions against Israeli settlements in the West Bank. According to the measures announced by the British government, the UK will ban imports of goods from Israeli settlements in the West Bank and restrict British companies from providing certain services such as financing, construction, and advertising for new settlements.British Foreign Secretary: We will continue to assess the situation based on the actions of the Israeli government.British Foreign Secretary: Iran should not acquire nuclear weapons.

E-Mini Dow: Expecting Choppy Trade Ahead of Apple Earnings

Cory Russell

Apr 28, 2022 10:28

Following yesterday's sharp sell-off, which was fuelled by fears of an economic slowdown, June E-mini Dow Jones Industrial Average futures are creeping up early Wednesday. Microsoft is assisting in reducing the impact of Tuesday's drop. After the bell, the business released results that topped expectations.


June E-mini Dow Jones Industrial Average futures are up 260 points, or 0.78 percent, at 06:23 GMT. The SPDR Dow Jones Industrial Average ETF (DIA) closed at $332.29 on Tuesday, down $8.27 or 2.43 percent from its previous close.

On Both the Top And Bottom Lines, Microsoft Exceeded Expectations

Microsoft's stock soared as much as 6% in extended trading on Tuesday after the software giant reported fiscal third-quarter profits that above analysts' estimates and provided an upbeat forecast for the current quarter.


The Dow's Components Will Be More Volatile in the Future On Wednesday, Apple and Boeing will release their profits. Investors will also be looking for the latest information on weekly mortgage applications, foreign trade, and pending house sales on the economic front.

Technical Analysis of a Daily Swing Chart

According to the daily swing chart, there is a downward trend. The return of the decline will be indicated by a trade through 33081. The primary trend will shift upwards if 35413 is crossed.


There is a little downward tendency. The minor trend will be reversed if 34038 is crossed. The momentum will change to the upward as a result of this.


32086 to 35413 are the short-term ranges. The E-mini Dow is now trading near resistance from 33357 to 33750, which is the lower end of its retracement zone.

Technical Prediction on Daily Swing Chart

Early Wednesday, market response to 33357 will likely influence the direction of the June E-mini Dow Jones Industrial Average.

Possibility of Growth

The presence of buyers is shown by a persistent advance over 33357. Look for a burst through the short-term 50 percent mark at 33750 if this move is able to produce enough upward momentum. The E-mini Dow will be able to test the minor high at 34038 if it can break through this level.

A Pessimistic Prospect

The existence of sellers will be shown by a persistent advance beneath 33357. This might result in a retest of the 33081 low from yesterday.


The sellers have returned if you take out 33081. This might set the stage for a rapid drop to 32578, the next major low.

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