Category: Market News

Japanese Yen
December 21, 2022 BY Steffy Bogdanova

Daily market commentary: The yen remains the centre of attention as markets digest Bank of Japan’s decision

European Shares Benchmarks extended Tuesday’s gains in Europe this morning, alongside US futures, providing investors with a little relief following one of the most bearish week in months for equities. Both French and German indices lead the way on the old continent, driving the STOXX-50 index above the 3,800 pts mark as bull traders managed…

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Market Analysis
December 19, 2022 BY Steffy Bogdanova

Daily market commentary: Stock benchmarks are getting back some of the ground lost over the past two weeks

This should maintain significant pressure to those markets until the next earning season, which makes the short- to mid-term outlook for stocks difficult to assess. That said, a bullish leverage from China may provide a boost towards equities this week after Beijing abandoned its “Covid Zero” policy and pledged more growth in 2023. The STOXX-50…

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European stock market experiences positive change
December 16, 2022 BY Steffy Bogdanova

Daily market commentary: Risk appetite decreased after renewed hints of an uncertain economic outlook

The report isn’t expected to show any major change compared with last month, but a number above or below the 10% mark could significantly impact market sentiment today. Technically speaking, the STOXX-50 index has already broken-out a major support at 3,850.0pts (23.6% Fibonacci) and now heads further down towards the next at 3,735.0pts (38.2%) before…

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