Category: Carlo Alberto De Casa

daily market analysis
July 16, 2020 BY Valentina Kirilova

Daily market commentary: The US dollar is staging a modest comeback

EUROPEAN SHARES  European shares slid lower on Thursday, mostly in profit taking moves sparked by disappointing Chinese retail sales this morning. Even if trading optimism has recently been boosted by vaccine developments, today’s poor Chinese data underline that market confidence remains feeble and reminded some investors the path to a full recovery may be longer…

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daily market analysis
July 15, 2020 BY Valentina Kirilova

Daily market commentary: Reports of successful tests for a coronavirus vaccine enhance global appetite for risk

EUROPEAN SHARES  European shares continue to trade higher on Wednesday, alongside Asian equities and US Futures, as vaccine hopes keep on fuelling the market’s current bullish sentiment. Moderna’s promising results from its vaccine trial have helped sustain market sentiment today, and this optimism even offset new cases of the virus spotted around the world. However, the…

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daily market analysis
July 13, 2020 BY Valentina Kirilova

Daily market commentary: The Stoxx-50 Index continues to trade well

EUROPEAN SHARES  European shares opened significantly higher at the start of a busy week, following a clearly bullish Asian trading session overnight. While new coronavirus cases continued to grow significantly over the weekend, with lockdowns even coming back in certain hotspots, investors’ focus is targeted towards the opening of earnings season this week. The optimistic…

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daily market analysis
July 10, 2020 BY Valentina Kirilova

Daily market commentary: What can we expect from the oil price?

EUROPEAN SHARES  Stocks slid lower on Friday in Europe, extending yesterday’s losses and following the bearish trend overnight in Asia, as risk appetite fades across the globe. Despite a positive start to the week, record increases in the number of infections and deaths in several countries (California, Florida, Mexico, BRIC countries etc…) has brought some…

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daily market analysis
July 03, 2020 BY Valentina Kirilova

Daily market commentary: Gold volatility decreased once again

EUROPEAN SHARES Share markets opened mostly flat in Europe for the end of the week as benchmarks consolidate gains registered during Thursday’s bullish session following the higher-than-anticipated US job report, while the US remains shut for holiday. The recent batch of solid macro data from different economic zones (US NFP, Chinese Industrial Production, EU PMIs)…

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daily market analysis
July 02, 2020 BY Valentina Kirilova

Daily market commentary: Expectations for a quick economic recovery curb gold’s rally

EUROPEAN SHARES  European shares traded significantly higher on Thursday, continuing the bullish trend from Asian stocks and extending yesterday’s gains amid a renewed appetite for risk. Yesterday’s news about Pfizer and BioNTech’s successful vaccine trial turned market sentiment upside down as it came while investors were preparing to redirect their exposure from risk assets to…

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daily market analysis
June 29, 2020 BY Valentina Kirilova

Daily market commentary: The gold price is slowing down

EUROPEAN SHARES  European equities surprisingly opened higher following drops in Asian shares overnight where last week’s global risk-off sentiment continues. Bull traders managed to take control of European markets at the opening bell after China, EU’s second largest trading partner, published much-improved industrial production figures for May. However, this initial spike is likely to be…

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