DAX 40 Buoyed by Solid US Earnings Results Despite Pervasive Fed Hawkishness

DAX 40, Natural Gas, EUR/USD, US Dollar, Fed, USD/JPY, Crude Oil - Talking Points

dax 40、天然气、欧元/美元、美元、美联储、美元/日元、原油 - 谈话要点

• Germanys DAX 40 is at a 1-month high with other equity indices

  德国 dax 40 与其他股票指数处于 1 个月高点

• Netflix results have added to the sunny outlook and other techs may follow

  netflix 的业绩增加了阳光明媚的前景，其他技术可能会紧随其后

• The Fed reminded markets of their intention and might still spoil the mood

  美联储提醒市场他们的意图，可能仍会破坏情绪

The DAX 40 index has held recent gains as a rosier outlook for risk assets seemingly overwhelms a straight-talking Federal Reserve on further tightening of financial conditions.

dax 40 指数近期保持上涨，因为风险资产的乐观前景似乎压倒了直言不讳的美联储对进一步收紧金融状况的看法。

European stocks have been aided by natural gas prices remaining subdued after retreating earlier in the week. The catalyst for the move appeared to be warmer weather and better than expected inventory levels in the build-up for the impending northern winter.

欧洲股市受助于天然气价格在本周早些时候回落后仍然低迷。推动这一举措的催化剂似乎是天气转暖，并且为即将到来的北方冬季积压的库存水平好于预期。

Wall Street saw an uptick of around 1% in the major indices on their close and futures are pointing toward another good start to their cash session later today.

华尔街收盘时主要股指上涨约 1%，期货指向今天晚些时候的现金交易时段的另一个良好开端。

Netflix reported after market and beat estimates with 2.4 million new subscribers added in the third quarter after two quarters of contraction. The stock was up 16% at one stage before easing a touch.

netflix 在经过两个季度的收缩后，在第三季度增加了 240 万新用户，超出了市场预期。该股一度上涨 16%，随后有所回落。

APAC equities were mixed with Australian and Japanese markets a touch higher while China and Hong Kong were in the red.

亚太地区股市涨跌互现，澳大利亚和日本股市略微走高，而中国和香港股市下跌。

EUR/USD has retained recent gains with the US Dollar coming under pressure in the risk-on environment. This is despite Treasury yields continuing to rise with a couple of basis points added across the curve in Asian trade so far today. The benchmark 10-year note remains above 4.0%.

欧元/美元保持近期涨幅，美元在风险环境下承压。尽管美国国债收益率继续上升，今天亚洲贸易曲线上增加了几个基点。基准 10 年期票据仍高于 4.0%。

Overnight, Minneapolis Federal Reserve Bank President Neel Kashkari reiterated his hawkish stance by saying, “if we don‘t see progress in underlying inflation, or core inflation, I don’t see why I would advocate stopping at 4.5, or 4.75, or something like that.”

隔夜，明尼阿波利斯联邦储备银行行长尼尔卡什卡里重申了他的鹰派立场，他说：“如果我们没有看到潜在通胀或核心通胀取得进展，我不明白为什么我会主张停在 4.5 或 4.75 或其他水平。像那样。”

The Biden administration announced that they will release an extra 15 million barrels from the Strategic Petroleum Reserve (SPR) to make a total of 180 million barrels. If needed, they have said that they will release more from the reserve.

拜登政府宣布，他们将从战略石油储备（spr）中额外释放 1500 万桶，使总产量达到 1.8 亿桶。如果需要，他们表示将从储备中释放更多。

They also said that they would buy back WTI oil in the US$ 67 – 72 bbl area. The WTI futures contract is edging up toward US$ 84 bbl while the Brent contract is around US$ 90.50 bbl.

他们还表示将回购 67 美元至 72 桶区域的 wti 石油。 wti 期货合约小幅上涨至 84 美元/桶，而布伦特原油合约约为 90.50 美元/桶。

USD/JPY traded at another 32-year high overnight with no sign of intervention today as the price nears 150.

美元/日元隔夜再创 32 年高点，今天没有干预迹象，价格接近 150。

After UK and European CPI figures today, Canada will see also CPI numbers and the Fed will release their Beige book later in the day. There is also a big line up of major central bankers expected to be making comments throughout the next session.

在今天英国和欧洲的 cpi 数据发布后，加拿大也将看到 cpi 数据，美联储将在当天晚些时候发布他们的褐皮书。还有一大群主要央行行长预计将在下个交易日发表评论。

Alphabet and Tesla will be releasing their results later on.

alphabet 和特斯拉将在稍后公布他们的结果。

DAX 40 TECHNICAL ANALYSIS

dax 40 技术分析

The DAX 40 is rallying toward potential resistance levels at the 55- and 100-day simple moving average (SMA). They are currently at 12916 and 13079 respectively.

dax 40 正在向 55 天和 100 天简单移动平均线 (sma) 的潜在阻力位反弹。它们目前分别为 12916 和 13079。

Further up there are two descending trend lines at 13270 and 13310 that might offer resistance.

进一步向上有两条下降趋势线13270和13310可能提供阻力。

On the downside, support could be at the prior lows of 12011 and 11829.

不利的一面是，支撑位可能在 12011 和 11829 的前期低点。