Category: Carlo Alberto De Casa

daily market analysis
March 16, 2021 BY Steffy Bogdanova

Daily market commentary: Stocks opened higher from London to Zurich

EUROPEAN SHARES  Stocks opened higher from London to Zurich on Tuesday following gains during the Asian session while US futures also climbed. This resurgence in risk appetite impacted on all sectors, with travel and leisure shares at the top of the board, as investors continue to anticipate a “back-to-normal life” situation. However, it is important…

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daily market analysis
March 15, 2021 BY Steffy Bogdanova

Daily market commentary: The foreign exchange market reacts to rising Treasury yields

EUROPEAN SHARES  European benchmarks opened flat on Monday ahead of another busy week and after a difficult trading session in Asia. Reflation worries have resurged with traders already pricing the effect of rising prices from central banks’ monetary policies. It is interesting to note how last week’s bullish leverages (stimulus, vaccination rollout) have become today’s…

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daily market analysis
March 10, 2021 BY Steffy Bogdanova

Daily market commentary: European shares resumed their upward trend

EUROPEAN SHARES  European shares resumed their upward trend, despite initially opening down, as investors’ risk appetite remains alive and well. Even if a rotation from growth to “defensive” shares is still taking place, the global market sentiment is still oriented towards riskier assets this week. Indeed, with today’s signature on the $1.9 trillion stimulus package…

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daily market analysis
March 02, 2021 BY Steffy Bogdanova

Daily market commentary: The US dollar continues to rise

GOLD Gold remains in the danger zone with a long row of decreasing lows certifying the temporary low investor interest in bullion. The strength of the greenback is increasing the bearish pressure on gold, an asset traditionally negatively correlated with the Dollar Index. Moreover, the rebound of yields seen last week has been detrimental for…

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