Category: Market News

Market Analysis
November 24, 2022 BY Steffy Bogdanova

Daily market commentary: Most EU shares open in the green, following an Asian session governed by a bullish sentiment

EU benchmarks remains well oriented this morning, with the DAX-40 index from Frankfurt registering the best performance so far as the market now trades well above the 14,500pts mark, with the 14,580.0pts resistance in sight. Pierre Veyret– Technical analyst, ActivTrades Brent oil prices hedged higher during Wednesday trading, read more... Disclaimer: opinions are personal to…

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Daily Market Commentary
November 23, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices hedge higher

Should such plans go ahead, Moscow is likely to react by further restricting exports, in a move that could create scope for further gains in the price of the barrel. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a…

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November 22, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar is hedging lower in relation to other major currencies in a move that can be interpreted as a consolidation

European Shares Stock markets opened without clear direction on Tuesday in Europe, extending the Asian trend, alongside US futures on the S&P500. Market sentiment remains toneless for the second trading day of the week as most investors are still struggling to assess the short- to mid-term outlook for risky assets. Even as rising covid cases…

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November 22, 2022 BY Steffy Bogdanova

Weekly data: Gold and Oil ahead of FOMC minutes

On the technical analysis point of view the price is currently trading around the $1,740just above the 61.8% of the Fibonacci retracement level. With a bear flag formation forming in the last 4 days we might see some continuation to the downside with a very strong area of support around the $1,712 price area which…

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European stock market experiences positive change
November 21, 2022 BY Steffy Bogdanova

Daily market commentary: Risk appetite is on the downside as investors digest the latest news of fresh Covid-related restrictions in China

European Shares European benchmarks opened mixed on Monday, continuing the trend started by Asian shares overnight, as market sentiment starts a new trading week under pressure. Risk appetite is on the downside this morning as investors digested the latest virus development from China where rising Covid deaths are sparking worries of tighter restrictions in the…

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Market Analysis
November 17, 2022 BY Steffy Bogdanova

Daily market commentary: European markets edged moderately higher alongside US futures

European Shares European markets edged moderately higher, alongside US futures, as bullish sentiment stays alive despite poor performances registered by Asian shares overnight and ahead of a busy day on the macro front. Market sentiment remains supported by investors’ risk appetite as almost all EU benchmarks are trading in green territory, holding their recent gains…

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Reduced retail sales curbs the pound
November 16, 2022 BY Steffy Bogdanova

Daily market commentary: The pound lost ground to other major currencies, following the release of UK inflation data

Such a scenario will no doubt impact the sentiment of investors, reducing the appeal of pound denominated assets. With further bad news likely to arrive on Thursday, when the Chancellor of the Exchequer is expected to announce a number of fiscally restrictive measures, there may be scope for more sterling weakness. Ricardo Evangelista – Senior…

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