Daily market commentary: Stock indices climb in Europe, following a positive trading session in Asia LeapRate

European stock market experiences positive change

September 27, 2022 BY Steffy Bogdanova

Daily market commentary: Stock indices climb in Europe, following a positive trading session in Asia

That said, the Stoxx-50 index still trades inside its short-term bearish channel, currently close to the upper band, while the RSI indicator may indicate a potential lateral consolidation to come. The overall sentiment remains clearly bearish for riskier assets and investors are likely to stay focused towards macro developments with today’s speeches from Fed chair…

September 26, 2022 BY Steffy Bogdanova

Daily market commentary: Investors seem to be buying the dip on EU shares, temporarily at least

Investors are also bracing for another busy week with speeches from ECB and Fed officials alongside a batch of significant macro news such as Chinese PMI, US GDP and EU CPI. The GBP continues to crash alongside the main FTSE-100 UK index which highlights the lack of confidence investors have in the Government’s plans while…

September 23, 2022 BY Steffy Bogdanova

Daily market commentary: The Japanese yen crosses the 145 level in relation to the dollar, the Bank of Japan intervenes

European Shares Stock markets extended declines on Friday in Europe, alongside Asian shares and US futures, amid fading appetite for risk on a global scale. Benchmarks drifted lower, trading closer and closer to their annual low while Treasury yields continue to climb almost everywhere as investor sentiment is being weighed down by higher borrowing costs,…

September 22, 2022 BY Steffy Bogdanova

Daily market commentary: The pound touches a new 37 year low against the dollar

The BoE’s own predictions point to an incoming recession, while the government is having to borrow enormous amounts in order to mitigate the effects of a devastating rise in the country’s cost of living. Looking ahead, despite the shift to a more hawkish stance by the central bank, the pound is likely to remain under…

Weekly data: Oil and Gold price action before the NFP

September 20, 2022 BY Steffy Bogdanova

Daily market commentary: Gold is trading flat, remaining close to a 2-year minimum

Gold Gold has been trading flat during the early part of Tuesday’s session, remaining close to the 2-year minimum touched at the end of last week. The price of the precious metal is weighed down by the strength of the dollar, with investors bracing for the Federal Reserve rate decision due on Wednesday. The Fed…

September 20, 2022 BY Steffy Bogdanova

Weekly data: all eyes on central banks, especially the Fed

The hawkish scenario of a triple hike on Wednesday seems to be almost universally priced in, so a case of ‘buy the rumour, sell the fact’ might apply for the dollar that evening and the euro might make at least a small bounce. As noted above, though, it’s the press conference that seems to be…

September 19, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar is starting the week on the front foot

European Shares European shares continued to fall shortly after the opening bell of the first trading session of the week, extending last week’s losses as traders brace for a busy week on the macro front. The cautious trading mood prevails on the markets on Monday after investors ended the last week with more questions than…

September 16, 2022 BY Steffy Bogdanova

Daily market commentary: Equity markets extend declines almost everywhere

The situation is clearly bearish on most EU benchmarks this morning, with traders bracing for the EU CPI figures as well as a triple-witching day where erratic market moves usually happen. The Stoxx-50 index has now broken-out of its short-term bullish trendline that has been supporting prices since the beginning of the month, and is…

September 15, 2022 BY Steffy Bogdanova

Daily market commentary: The euro is back to below parity with the US dollar

European Shares European stock indices climbed higher on Thursday, boosted by financials as traders continue to weigh the prospect of higher borrowing costs. Markets seem torn between a bearish sentiment on one hand, supported by lingering macro threats in a tighter liquidity environment, and dip buyers on the other who continue to bet on the…

September 14, 2022 BY Steffy Bogdanova

Daily market commentary: The US inflation numbers for August released yesterday surprised to the upside

Against this background, and with the Fed rate decision due next week, many investors now believe that the US central bank may hike rates by a full percentage point. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a trading…

Category: Market News

Daily market commentary: Stock indices climb in Europe, following a positive trading session in Asia

Daily market commentary: Investors seem to be buying the dip on EU shares, temporarily at least

Daily market commentary: The Japanese yen crosses the 145 level in relation to the dollar, the Bank of Japan intervenes

Daily market commentary: The pound touches a new 37 year low against the dollar

Daily market commentary: Gold is trading flat, remaining close to a 2-year minimum

Weekly data: all eyes on central banks, especially the Fed

Daily market commentary: The US dollar is starting the week on the front foot

Daily market commentary: Equity markets extend declines almost everywhere

Daily market commentary: The euro is back to below parity with the US dollar

Daily market commentary: The US inflation numbers for August released yesterday surprised to the upside

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