Category: Market News

November 01, 2022 BY Steffy Bogdanova

Weekly data: Gold and fiber ahead of busy week

With no signs of reversal or corrections the most plausible scenario would be a continuation of the current trend at least in the short term. This is always dependent on the economic news related to the US Dollar which there is a lot coming this week. We can easily notice areas of possible resistance on…

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European stock market experiences positive change
October 31, 2022 BY Steffy Bogdanova

Daily market commentary: Stock indices open on a mixed tone in Europe, following the trend spotted in Asian shares overnight

Technically speaking, the STOXX-50 still trades above its immediate support at 3,600 pts, inside a rising wedge which highlights the fact the bullish trend is slowing more and more. Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a trading advice.

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Market Analysis
October 28, 2022 BY Steffy Bogdanova

Daily market commentary: Share markets drifted slightly lower, from Chinese and Japanese stocks to US futures on the S&P500

Мeanwhile, corporate results are likely to continue driving sentiment for stocks, with today’s reports from Safran, Sanofi and Airbus in Europe alongside Exxon Mobil and Chevron in the US. Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a trading advice.

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Daily Market Commentary
October 27, 2022 BY Steffy Bogdanova

Daily market commentary: The euro is trading flat as the European session gets underway, remaining above parity with the US dollar

European Shares Shares fluctuated on Thursday in Europe, trading sideways in a less volatile fashion than usual, as traders brace for today's ECB announcement. The wait-and-see trading stance prevails so far on European benchmarks, following a 4-day rally fuelled by bets of a pivot in hawkish monetary policies. While a 75 basis point rate hike…

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October 26, 2022 BY Steffy Bogdanova

Daily market commentary: A string of negative economic data released reveals that the Fed’s tightening drive is starting to open some cracks in the American economy

European Shares European shares held their gains at the start of another busy day, following the bullish sentiment registered overnight in Asia, as short-term risk appetite remains high almost everywhere. Macro developments are taking a break this week with the lack of key data release (apart from the ECB meeting tomorrow), and investors rely on…

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European stock market experiences positive change
October 25, 2022 BY Steffy Bogdanova

Daily market commentary: European shares register a modest advance, despite Asian stocks closing on a mixed tone

However, even if optimism remains alive, investors are likely to need concrete evidence of monetary and economic improvements before driving stock indices higher. Until then, it’s only investors buying rumours. Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a trading…

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