FlowBank's hand-curated fresh financial news [header_noDither] 05.04.2023 Good morning FlowBankers! Here's the latest market news, hand-curated by our research team. New: See our [LinkedIn](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7Cg_0yV5TS2j7hvhbmW3vdXms982gdSW5Q6WYD1rYZptW7whYrg1fKgBhW2Hwl0r7DNfR5W76nLJf3j0cKhTWR4R3_X47qW42HXjm6lHHhLW4Wsg1r2pgHrXW5fJ9WL22DBlrN8SqP3vXRTpvVNSw176t4LGJW3QpP5m5h2nsDW87wHMK17J9GFW1hbqbn5tf6GRMNdJrMHTyh1W3YVd7W2jj-YDW1LsbY98twyXZ3ckZ1) and [Instagram](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8NpQ2-MJwV1-WJV7CgYq_W37vpJW6yKpS9N1j7Lttj29swW6KsLh_7Hmc72V8KWQD6WT9H3W8VJtvd7nb8VNW8FQFQ_3v7-RfW6b_xHt85gV6lVYKbkt1VmDKlW5JH1Gv44rsrHN63CLXT7bWYGW7FQR_V5q_RD5W2-hdBC8TWl5hW97Vs6b27G3YNW67J1j22YF0v7W3JP6W25BRZmCW9550mn3vrc4P3ltK1) highlights below The Big Story [walmart-1] Walmart hit a YTD high this week as the two-day annual investor conference kicks off in Florida. Walmartâs president, chief executive, and top management are due to speak. The team is expected to discuss the retailerâs strategic plans and long-term growth targets as well as unveil new initiatives. These meetings have a history of moving the share price. [Start Trading](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nqp2-MK5V1-WJV7CgH_GN35_kMKMhCYJW4cY5yL2VnXHbVQ11dM5qzRyKW3cmcnt8cnKK3W3LcWNQ1tmTP9VXMF4D87W1GQW5cgBDs3pfxQ0W8JSTkZ4d1bCmW4_fHMb8y1wJmN4BvZbNw3VzYW1K-bg142fMktW1cBBvf73dsxtW6fxJ8G2RxRp1W6hC4lj6HvxH2W5gMYBB1lCVj4W101zgm2J5HgHW39TGSj4mSd2mVDjbXy5K3HjBW7fPM192Y2ZhgW55cLdP3qN_6734Vr1) Trader's Corner In focus ⢠ETH/USD has rallied to a 7-month high near $1900 ahead of next week's highly anticipated Shanghai Upgrade. ⢠EUR/USD hovers around 1.0950, a 2-month high ahead of EZ service sector PMI which is expected to confirm strong growth at 55.6. Economic data ⢠RBA Governor Lowe speech ⢠UK, EZ, US services PMIs ⢠US ISM non-manufacturing PMI ⢠US ADP employment Earnings ⢠Hilton Food Group ⢠EnQuest [Start Trading](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nqp2-MK5V1-WJV7CgMR5W6P_fC63fQ-D_N8Bbd4MKmc1rW9cFf9g2c-w3VW3qVrl114f9k4VmNqRG2qdfk4VV9qcg8wcqJKW6lvs_t4Y2858W2gjXzb1t70HHW48ygS085ZPL9W7gkLWq5bZvN4W58Qq2K51WvpvW1J9QQ66Hf4KHW1r8b7X4D3Bt-W2dvNXy4fRnFnVSnTfc8MZQ9HW685xY544M2yfVp9f2P7N4ChzW6Y0YZQ9dC0GDW1-qxM_7Ldwg4VVvr-32Ry49234rS1) Market Recap European market ended Tuesday mixed, with the DAX rising as eurozone inflation expectations fell to the lowest level in a year. Meanwhile, the FTSE underperformed as GBP/USD rose to 1.25, a 10-month high. US stocks closed lower on Tuesday as weak data fueled recession concerns. JOLTS job openings fell below 10 million for the first time in almost 2 years, and US factory orders declined for a second straight month. Today US and European futures are mixed as risk sentiment remains fragile, and investors fret over the chances of a recession. Global services PMI data is in focus. A 50 bps hike from RBNZ caught the market off-guard. Chart Of the Day The AAII US investor sentiment indicator is slightly bullish, indicating investors are turning less risk-averse as banking crisis fears ease. Overall sentiment remains depressed, a contrarian net-positive. Fundamentals continue to improve with the earnings picture getting better at the heavy cost of job cuts. Will it be enough to withstand a market pullback, remains to be seen. [AAII 04042023](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7CgNs9W9fxv1F5m0N1cW3pCqnl5VH3TqW4kxSNb7fqq9fW8Qtszk5M64p-W96L7FS3xJLnmW4qTxJP7zVHllW2gLLTy6llvyZW7L0GyP3K8Jl7W9kBlHd7k3G0YVQR2_s8ssvBpW1trc2x4BXTztW8xJftS8FG0-2Vr3tdz3xDkFFW28l47V6xmt2TW7TPF049gF0QyW3jq5Fq70XSrtN94Z16Sx1Hv1W2JffJy8LL5Fx31Sv1) [LINKEDIN](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7CgDKYW72L4Yw2Zl4MWW4fZG7G81rqZvN1B_zy--nzT3VnZ_9q341-CmVLMV1L6xJbVqW6h_tsY6KF5RxW2S_J3486Nr9MW69CLv961-qDmW19hlhV3xgX53W2ZdmkQ7VjM34W2Z_Ypr2Sx6LtN9jygh8Nj5vlW4vdt055KxVdBW1c05Y77XbyV8W96vGCy79jzTgW8y5r5x59mnhZW3m_QM48RH7YTM2P0C2rC2fT39sK1)Highlights Gold: March is Best Month since July 2020! Gold just had its best month since July 2020! Could gold still make a run if the banking stress subsides?⣠Click [here](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7CgMZGW4z4XT08kGysXW1C272P8cDFLKW70GGLN960QLLW1W6XRm6zgLnxN2q7y-SqYNXlW2cnBmY5rxszsW7VMs3Z6-jS9rW82R_YD1S8jkjW2sfZLb94-nTvW3nmJ6J5QzwzgW7zFPQc8rsHpzN3GBjhywJd3kW1GDS5x7JFJvlV9XQvT17hp7YVvKsD92nzQhDW8CLLxs7cWljPN6YW1lm6jYBXVGbJ562BJ8HF3c2b1)to read more. [Gold analysis - 31.08.2023](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7CgYH9W7QchDV39wM_5N2NHhX_V3zRKW1yWsMJ3Ph4nRW8-nKcB7BS8fDW2qN0Gw5vXZYbW3yw_ZS9kQjQLW7YPwJ51_VSqqW6wzDmg55gcc2W571x1H4v5ww-W7xpKhB6b4NyKW2QHz6V4phdysW7j5Fx65QJNqLW2FVDYm2G0jZtW4g0bSP8dNHzKN8bnpgp6TvsjW1KMb0Z5L7jZVW2kScbg8mrhS9W39p_1J1GsMdX31SZ1) [LinkedIn](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7CgT-NW65_mw-6HBRFzM9fwFcn0GlYW4Q72_V1t0yCPW8mQXBm343m_QW7cnyBm84QPN3W1zQsCd8HfdnnW1gsTkY1V0fNNW8PWCk63NGd6RN4wM_1tL6W8CW2Th8Hf3fqC3wW4LzyKR1XP27MW26ycCK94__H8W5qCHR63RdVTPW5-pwMf39Vz-YW7TLJ7p3cCBDgV1f5JZ7ShMmsW8Cg8PC82VK2PW4rGzqr7h2HT031Q31) poll: Do Commodities âFitâ in Your Portfolio in 2023? ð¾ [Vote here, we would love to know your views ð¡](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8NqJ2-MKpV1-WJV7CgQTZW4FvmpX76Bz0fW5sQG_H6YZpP8W4pCl-S21CqH9W2jzpZ24cBPZvW96dx1G2X-3N4W6j7KqP1GKnCVW1wtCYY7JQFxxW29p7QB2SG5cYVcjCxB6bTRmBV3ybKN7tSLnjW4m1VtV3tjn_0W7fZ5-V44NT6_W2sYShK7mlpxZW4XKNDc2xpQV5W1P9xBr8Wt_rHTJ8f04sdfBdW6CFZY62dBPpsW1h19wW1pY3b9W8D4b6s7xwQRNW8mvtfr9hMtY2W27cwrf62q7YYW85hhgd50lFWC1S1) Poll of last week ([here](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8NqJ2-MKpV1-WJV7CgSKdW6sRJRB5-4sDrW9bNQbC8_vPGpW3XdFyQ5qPghhW2S7_hx39pkGzVnlcg551qbZ-W2wd7tK91fStKW61-FPt962bmSN4pwg2fqsll_W3rbr1x2DLxTbW7mwyZK4hK5cMW7l1_0w36P3gwW8-6_Xm4H-JxzVZr3Pz2ZFpJRW2m--gg6G-zwFVFNtmk2chy1WW7Mj9FS3HBddkW1yxQkk936SzRVsGwrK6zTBZ6W4psMLs5QP0BgN2HR4gHXLDb6W3XpqKQ1Y0myWMsbK__gyQwd3fgZ1)): Will Gold be a winner in 2023, from here? ð¥ [INSTAGRAM](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8NpQ2-MJwV1-WJV7CgFFJW4XcqP449s_JxW7kj8rJ2Xm6M0W8FX2PB8rSKkDW2zls9_78n6KzW7CkmKs4PK08HW399z1G52jBvWW3mk1W67vr4PhW6WT7JX75-kWTN4Nr8yM6cx4yW2bWSFj1r-N0_W8DXL3g4GBjJ1W2ZmDqK4fFptzW2KPK_B7hYShwW4lcL418gC2VrW8B-WDJ5fxj77W2C8TM05P2Wjc33lM1)Highlights Which of these brands will benefit the most from Easter holiday shopping? ð ⣠Click [here](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8NpQ2-MJwV1-WJV7CgY17W8jtBrM8gTGRyW3-vfq26HX_P1VggZm03DncN5W8Sn97_3b01F9W2qt0T42yZ7zgW4BFPW47FSbmGW24gFqj7hyHr7W3j2mHn8qW86DW4Yl0g34TsX2tW95F1Nk8-z7ysW5N3TBD7R6QTyW9k70T42lVy9DW46zVly86MdMjW9f47rs97PG06W3GdfK_8QFxHwN21ntnnww9Cj3htQ1)to see our page. [pop](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7CgN1QW3DJx1s2Lpt3cW7Y847B7QpbY4W8JZy-d99ymM9W7tXthv7qMHrpN8hWjQrK-ybNM4rWXWWGMwFN73Q48p3bvRkW3qdPdG8Kz-P0W54pbCk6XBBcHW7ZQ9G43wMd5wW7L120Y6_bjwlW7FLbpw1yzw4cW6kRDkZ4SD1w6N3Mc0_TKsXy_W1_wFm36FMb1FMsVLkG5FR9XW9cTY9G6Q4c-2W2rDkxB3sWJFR36J41) FlowBank Blog Forex: Oil War to Boost Commodity Currencies [trading 123](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7CgK_HW8n-wrh6xQTjZW17lCZV751T-NW8v80xx4sYC81MMsGwbGdhnrW8DgQGD44w_nQW8bDcDx3xkX7ZN7XRF3Dqpwr9W8JTZMk37QT2RW5N0B2g5C6y-fW6p3MRF6Nb8t7W8bR0KK2CbVpGW7C1rQ_6TxXCtW6zvkpD1SckxGW53xVdJ6J9dbhVVdCh_87ggQRW1xC8RG1SHzz_W6rnjX78J23BzW4GndYk67q_ps3hm81) Markets have been on a roller coaster ride. Here are our latest forex trading ideas for EUR/USD, USD/JPY, EUR/CAD and EUR/NOK. Get more from FlowBank [Join our LinkedIn Community](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7CgYflW5bWzfN6bnMvwN5qDK7NXmSHbW97k-mx4GGBw_N2MD59ytC0-5W3q3rNC6m9wF7W61mNBL7JkKcRW8m_f8w46ngrgVJDpnx3qYqrmW5m-WnG69Mf98W7qypSw1-5KjtW5r7fn48Z8LqlW2GVscJ59z9PLW5Zw_PB7-M8RpVCJq2_4dkHJKVgfK7L5qyQ5FW444sPM2GSCvxW8rqF6S5JrDy5W5Z1PrR3wspJQ3g9h1) [Read our latest Research](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7CgMh3W5Mp4993j-pfvW7Qmr0-5Lpsm5W7tBsST8WbcLqMVGkq6zlxNKW1WSNW68tVKhjW4XxJ2l6HHCW-W5bMgSc7pS5zDW56_fXC3YR6swVGYw-63l4HfBV2Mp6B1f-nYjW3CwDT71yLG7DW4BnB0C7Wznn9N1jzDrHCznr4W7L_ptC5gH8WtN8N4gXpQ0YZdVLHgHt4-XsL9W6_1vfz45K2ysN8PLNzxfKbFP3pC71) [Subscribe to Flow TV](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8NpQ2-MJwV1-WJV7CgSR4W2vSLct3X8q-5W3Y_TZj366H7HW5G1Z5q1yQtdqN4jtjSwNGtjQW8JG-jb3NhZJ2W38D25n8bJMnzW69W5BC8RP_M_W77Sg3J8z18msW2x1ntG8H1PZHW3gy4zb96dbXdW3F72Gr4J5THrW2Gb7Xc194lzBW6YxmWx6VJJrbN5KjhY0C10F3W1t3WYD3My9cwW7CBdHs2dw16k3c521) [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8NpQ2-MJwV1-WJV7CgTz8W2J30sG2JVcN-W779HmN303pkYN2m1vdqX0jFYW21wJ_L1rNqVyW8F4Mxr3QYrcjW8yMCcW79ztSZW1cgXn412XblbW7kzqhn4kLchRW95JYZb1ShHMhW3nHtbg6h8wtrN2YVVkF4NBx4W3QWS1r6RPGMGW1Hpk7Y4cBRNyN5ZYG0mRnYG4W7Gr3qM8ChMXXW4Y23pr7sfz9W3nTx1)
[LinkedIn](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nq52-MJQV1-WJV7CgXkBW7GPfXf6tyBsDW6DxXDw55_93lN8twzD8tzXGjW2h8D6G1vSD7sVnqK-F1Scf-_W8jM4MZ5j0XdbW1VZl3N3mr_BwW5GzcM81t7cnjW1fd1lg4cN7bVW42RfsQ7PC79BW3pmHYx99rRSDW5lFFr459JjCRW63PY2R33FSFPW6zHfTP5BLr42W5QRngH1NHxbgVQxrtV587B7mW326b1H3mPd03W5CxWJ941syk536-s1)
[Twitter](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8NpQ2-MJwV1-WJV7CgMl-W3SmDld3HrTqDW2F-5dW7_YkSQW8xVkDn1CyK-GW8d8Z952gRF7-W5B8dHQ1-VvrkW4kYcm_6Wjll-W8ffVYD39LJD0W6Vy1186-XnnbW7F3JqJ2k2Fp2W8sKryY8WK1jmVl24Z44-zFdFW8n2XNB5QzP33Vv4nqC6bBCR2W6__FsR1qBjPRW48dvkq6K922SW2Zccrd6zbPy-3p601)
[Instagram](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8NpQ2-MJwV1-WJV7CgZXXW4pHW7L1ppZHMW6-sk8V611yTQW34V0HW8-Hj_gN4dcK-7zd0PHW6nqlXv6Bhj6LW94fz7g28cRtkW69Kl914NV57WW6jkMlQ26h4nrW3qbcDq98m2SSW1vJ--P1HdN3gW4JXCR59dpXmMN6mh5Fx_cDgsW6gbg__6SQYTdW4RSs111_J-WHW2JHpS82kw4GLW2PgY1j32K7NZ3nB21)
[YouTube](113/cXx8Z04/VVShgt5_2b-0W40t0D_2cjGT7W4125np4Y_2_SN6B8Nqp2-MK5V1-WJV7CgW1GW4x95tk7NKHx0W4VRhPk8bBhsXW8NNlNr31c91KW85nsFT6vZRnlN6MVxmjP8L1WW6jPM0y97ChlTW2jmDyB7WCs-TN6jzLC3_Mw3LW1ZQRvg3R4kXVW8Jv9YY93xbGHW7hB8x24H-D-pW81Tr2B7wgp-QW3c7h526yFLcMW7qy9y-5zJJXjW6fLDZk4pbCd0W8qjKgH4gwP7pW2sGtH581-99SW7HgVYp2hwm4_W3wdSmj1Lp-xmW24yGM68HqTpM3lXW1) FlowBank SA, Esplanade de Pont-Rouge 6, P.O. Box 1303, 1211 Geneva 26, Switzerland, +41 (0) 22 888 60 00 [Unsubscribe]( [Manage preferences]( This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error, please notify us immediately, and delete it from your system. If you are not the intended recipient, you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited. Although we scan attachments, we advise you to carry out your own virus check before opening any attachment.