EUROPEAN SHARES European shares opened without clear direction on Friday as market sentiment remains mixed for the end of the week. Despite a strong optimistic tone registered in June, investors’ risk appetite is now tempered by a renewed momentum in daily virus cases in many areas, as well as rising trade tensions between Washington and…
Read more
EUROPEAN SHARES European stock indices opened significantly higher on Tuesday after Washington reassured investors on the state of the US’ relationship with China with President Trump stating the trade deal signed with Beijing in January was still “intact”. These few words were enough to offset recent uncertainty surrounding risk assets, reviving market sentiment and driving…
Read more
EUROPEAN SHARES Shares slid lower in Europe on Monday following a mixed trading session in Asia overnight after new virus cases were spotted in Australia, the US and Germany during the weekend. Market sentiment remains uncertain towards risk assets as coronavirus fears continue to grow while volumes keep on decreasing as more and more traders…
Read more
EUROPEAN SHARES European share markets opened mostly lower on Thursday, following a similar trend overnight in Asia, as investors’ appetite for risk loses momentum. This decreasing interest towards riskier assets came after there were rises in infections in more and more locations, sparking fresh concerns about the economic recovery. Even if the recent reassuring macro…
Read more
EUROPEAN SHARES European shares traded significantly higher on Tuesday, with similar gains on both Asian stocks and US futures on the S&P 500. This bullish trading stance took hold during yesterday’s US session when both the Fed and Washington tried to reassure investors against rising virus numbers. While the Fed will start buying corporate bonds…
Read more
EUROPEAN SHARES European stocks drifted lower at the opening on Monday, extending losses registered earlier this morning by Asian benchmarks, as the appetite for risk assets decreases. This risk-off mood, initially triggered last Thursday by fears of a second virus wave, has been confirmed over the weekend after a rise in the number of new…
Read more
EUROPEAN SHARES European shares were little changed on Tuesday with this week’s consolidation phase continuing ahead of tomorrow’s Fed meeting. Even if the strong bullish pace on equity markets slowed significantly this week, the lack of sharp downside corrections prevents the current trend from being really threatened. This lateral tone in the very short-term is…
Read more
OIL The oil price has started the new week in green as investors are celebrating the deal reached by OPEC+ over the weekend. The WTI price for both July and August expiry has now reached and surpassed the psychological threshold of $40, while the general sentiment remains positive as markets are betting on a quick…
Read more
EUROPEAN SHARES A raft of bullish factors saw European Stocks open significantly higher, following the tone set by Asian markets overnight, and with US Futures also pointing to a firmer open, trading optimism has rarely been this high. The party goes on for stock traders after the ECB surprised investors by announcing a higher than…
Read more
OIL Risk-on is still the main story on stocks markets as investors are betting on a quick recovery of economies. This scenario, in conjunction with expectations for an extension of the cut by OPEC, is lifting oil. Moreover, the API released figures yesterday announcing a modest but surprising draw of half million barrels in the…
Read more