Daily market commentary: European shares climb, alongside US Futures contracts LeapRate

April 08, 2022 BY Steffy Bogdanova

Daily market commentary: European shares climb, alongside US Futures contracts

European shares European shares climbed on Friday, alongside US Futures contracts, paring some of Thursday’s losses as market sentiment improved for the last trading session of the week. All European benchmarks were in the green on Friday morning, with the best performances brought by Athens, Milan, and Paris, mostly due to energy shares as investors…

April 07, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar loses some ground to other major currencies but remains close to the highs it gained in the previous session

Gold Gold prices are almost flat during early Thursday trading, remaining within the same narrow range of the last few weeks. The value of the precious metal has been determined by the countering forces of, on one side, the geopolitical risk generated by the war in Ukraine, which enhances gold’s haven appeal, and the increasingly…

April 06, 2022 BY Steffy Bogdanova

Daily market commentary: European shares followed the global “risk-off” trend with all benchmarks drifting lower from Frankfurt to Lisbon

European shares European shares followed the global “risk-off” trend on Wednesday with all benchmarks drifting lower from Frankfurt to Lisbon, as monetary policies and growth expectations keep on pressuring market sentiment. Today will be a key day for both stock and currency traders with the release of the minutes of the last FOMC meeting. While…

April 05, 2022 BY Steffy Bogdanova

Daily market commentary: European markets traded mixed after gains in Frankfurt, Madrid and Copenhagen offset losses in Milan, London and Paris

European shares European markets traded mixed after gains in Frankfurt, Madrid and Copenhagen offset losses in Milan, London and Paris as investors struggle to assess the impact of different major market drivers. Risk appetite remains resilient as technical supports are preventing stock benchmarks from drifting even lower while cash continues to rotate from safety to…

April 04, 2022 BY Steffy Bogdanova

Weekly data: trade around the world

Key data this week Bold indicates the most important releases for this symbol. Tuesday 5 April from 4:30 GMT: statement and press conference of the Reserve Bank of Australia 12:30 GMT: American balance of trade (February) - consensus negative $88.5 billion, previous negative $89.7 billion 14:00 GMT: ISM non-manufacturing PMI (March) - consensus 58.4, previous…

March 31, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar recovered some of the ground lost over the last few sessions

Gold Gold prices barely changed during early Thursday trading. The price has remained within a relatively narrow range over the last two weeks, caught between the demand generated by its haven appeal and hedge against inflation, on one side, and the selling pressures generated by rising interest rates and yields, which make the non-yielding gold…

March 30, 2022 BY Steffy Bogdanova

Daily market commentary: The euro is on a winning streak, having gained 1.8% to the dollar

European Shares Stocks slid lower in Europe on Wednesday, snapping a 3threeday rally, as investors still need further confirmation of the recent progress towards reducing hostilities in the war in Ukraine. The optimistic talks between Moscow and Kyiv have significantly sustained market sentiment and appetite for risk since the beginning of the week. President Putin…

March 29, 2022 BY Steffy Bogdanova

Daily market commentary: The Euro is on the front foot as Russian and Ukrainian officials are due to meet today in Turkey

Gold Gold prices are down during early Tuesday trading. The appeal of the precious metal is declining among investors, as talks between Russia and Ukraine trigger hopes of a de-escalation in the conflict, while US treasury yields continue to rise. A ceasefire between Russia and Ukraine is a potential outcome of the talks between officials…

March 29, 2022 BY Steffy Bogdanova

Weekly data: European inflation ahead of the NFP

The 261.8% Fibonacci extension around $129 remains in focus as the key resistance. A breakthrough above this remains highly unlikely unless there’s a significant change in fundamentals. $100 is the main psychological area below which might also drive a bounce if it were to be tested this week. With no signal of saturation and ATR…

March 24, 2022 BY Steffy Bogdanova

Daily market commentary: A sense of it getting closer to de-escalation in the war in Ukraine, even if only temporarily, has been rising in the markets

European Shares European shares opened moderately higher on Thursday, following a mixed trading session in Asia, as investors brace for a busy day on the macro front. Euro bond markets traded slightly up as well this morning, confirming hedging moves from portfolio managers against today’s risk and market volatility that will be brought by a…

Category: Market News