Gold Gold prices have barely moved during early Monday trading, reflecting the performance of the US dollar, which is also trading flat. Market expectations have settled on a 75bp rate hike by the Federal Reserve this Wednesday, and so the mood in the markets is now calmer, contrasting with the greater turbulence of previous weeks,…
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Meanwhile, the current political crisis in Italy following prime minister Mario Draghi’s resignation after the two key parties withdrew their support to the Government, is also adding uncertainty. However, despite today’s bearish price action, equity markets remain on their way to close their best week in a month, while investors try to assess whether this…
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McDonald’s might hold ahead of earnings Shares in McDonald’s Corp (symbol ‘MCD’) have made gains since late last month to around $253 as losses continued in some other sectors and participants are increasingly worried about the prospect of a recession. McDonald’s will report its earnings for Q2 pre-market on Tuesday 26 July. The consensus for…
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European Shares Markets slid lower shortly after the opening bell in Europe on Wednesday, despite an optimistic sentiment registered during the Asian trading session, as traders brace for today’s important ECB meeting. While a 25bp rate hike is now widely anticipated in Europe, all eyes are likely to be on the new bond stability tool…
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European Shares Equity markets opened higher everywhere on Wednesday, from Japanese shares to US Futures, with tech stocks as the best performers. An optimistic wind is blowing on financial markets this week as investors welcomed the latest batch of earning reports in the US. The fact that companies are showing a certain resilience to the…
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European Shares Stocks slid slightly lower in Europe on Tuesday, following the trend spotted overnight in Asia, while US futures were mixed. Investors are driving markets lower today, seizing the occasion given by lingering global and local worries to take some profit after a two-day rally. Traders are monitoring updates on the corporate front to…
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That said, traders will be patiently waiting for more information from the ECB and are likely to keep their focus towards data, with this week’s new batch of corporate results from Bank of America, Goldman Sachs and Tesla. Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the…
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European Shares Stocks traded higher in Europe on Friday, with all sectors in the green, despite a mixed open following disappointing macro figures from China. Investors have been slightly worried about seeing the Chinese economy slowing down in Q2 after GDP and industrial production both fell short of expectations. However, the strong retail sales data…
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European Shares European shares continue to fall, alongside US futures, as market sentiment remains weighed down after the latest US CPI release. Investors waiting for a positive surprise were left disappointed yesterday following another inflation print showing a fresh 40-year record high at 9.1%. This number isn’t well perceived at all by the market as…
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European Shares European and US contracts slid lower on Wednesday, despite Asian shares closing in the green, as investors brace for a busy day on the macro front. Slight improvements regarding the virus situation in China lifted market sentiment overnight, especially towards tech stocks, while treasury markets remained stables. It’s inflation day in the US…
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