Category: Market News

March 18, 2022 BY Steffy Bogdanova

Daily market commentary: Even if the war in Ukraine continues to fuel market volatility, risk appetite seems to keep prevailing in Europe

European Shares Equity benchmarks traded mostly higher in Europe on Friday, despite patchy performances in Asia as investors digested mounting uncertainties around Russia-Ukraine talks. Even if the war in Ukraine continues to fuel market volatility as well as cross-asset rotation trading, risk appetite seems to keep prevailing in Europe as share markets are set to…

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March 17, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar index hedged down, following the announcement of the first interest rate hike since 2018

Gold Gold prices rose during early Thursday trading, benefiting from the weakening of the dollar, due to the inverted correlation between the two assets. The greenback lost ground to other major currencies after Wednesday’s rate hike and Fed’s hinting at several more increases until the end of the year, as the move had already been…

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March 16, 2022 BY Steffy Bogdanova

Daily market commentary: It is expected that the US central bank will hike interest rates

European Shares European shares jumped at market open on Wednesday, alongside Asian equities, and US Futures contracts, amid improving global market sentiment. The “risk-on” trading stance is back on track everywhere, and market panic is clearly fading as investors digest the latest positive macro developments brought by both China and Russia/Ukraine diplomatic talks. The strong…

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March 16, 2022 BY Steffy Bogdanova

Weekly data: sentiment recovers ahead of the Fed

A return to strength looks unlikely as of now based on TA. Although yesterday’s test of the 23.6% weekly Fibonacci retracement area has been rejected for now, selling volume has been high since last week and the downward reaction on 9 March from the area of the all-time high has been very strong. With ATR…

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March 15, 2022 BY Steffy Bogdanova

Daily market commentary: WTI crude oil prices continue to recede as hopes that talks between Russia and Ukraine may lead to a de-escalation

European Shares Shares drifted lower in Europe on Tuesday, extending losses registered during the Asian trading session, amid continuing market volatility. The sell-off in Chinese shares due to renewed lockdowns to combat a coronavirus outbreak as well as the prospect of economic sanctions from the West raised by the possibility of a military support to…

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March 14, 2022 BY Steffy Bogdanova

Daily market commentary: Stocks trade higher in Europe, alongside US Futures as new round of diplomatic talks begin

European Shares Stocks traded higher in Europe on Monday, alongside US Futures, as investors bet on an improving geopolitical context at the beginning of a new round of diplomatic talks. Market volatility may not be over as war continues for now, with Russia still targeting military facilities across Ukraine. In addition, the prospect of a…

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March 10, 2022 BY Steffy Bogdanova

Daily market commentary: The price of WTI crude oil is hedging up following a 12% drop in the price of a barrel during the previous session

Gold Gold prices dropped below $2,000 per ounce during Wednesday’s session and continued the hedge down during early Thursday trading. Risk appetite improved in the financial markets, as oil prices retreated from multi-year highs, following calls for the stepping up of oil production in countries with spare capacity. Despite the continuation of the geopolitical risks…

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March 09, 2022 BY Steffy Bogdanova

Daily market commentary: WTI crude oil prices remain above $120 per barrel, following the ban of Russian oil by the USA and UK

Gold Gold prices remain firmly supported above $2,000 dollars per ounce during early Wednesday trading, Demand for the precious metal increased as the geopolitical risk grew in Eastern Europe, with its price spiking on Tuesday and coming close to the all-time high reached in August 2020. The performance of gold will remain strongly linked to…

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