Daily market commentary: Market sentiment remains uncertain as the end of the month approaches LeapRate

April 27, 2021 BY Steffy Bogdanova

Daily market commentary: Market sentiment remains uncertain as the end of the month approaches

EUROPEAN SHARES Market sentiment remains uncertain as the end of the month approaches while the short-term outlook continues to be torn between solid corporate results and spiking virus cases. However, while most concerns come from emerging countries, the fact that developed nations keep on registering solid economic data amid the success of the vaccine rollout…

April 12, 2021 BY Steffy Bogdanova

Daily market commentary: The dollar is recording some gains against other major currencies

GOLD The US Dollar is showing fractional gains against the eurozone currency, while the Dollar Index is also recovering and US yields are in green as well. These movements are similarly reflected on the gold price, which is showing a marginal loss and remains below the key resistance at $1,750. Only a clear surpass of…

April 06, 2021 BY Steffy Bogdanova

Daily market commentary: Gold is consolidating above $1,730 as the greenback is slowing down

GOLD Gold is consolidating above $1,730 as the greenback is slowing down. From a technical point of view, we are still in a lateral scenario in which only a clear climb above $1,750 can open space for further recoveries. That said, the bearish pressure seen in the last few weeks is losing strength and bullion…

March 24, 2021 BY Steffy Bogdanova

Daily market commentary: Despite a strong US dollar, gold is steady at $1,730

EUROPEAN SHARES European markets extended yesterday’s losses by opening lower on Wednesday, amid a lingering risk-off mood. Jerome Powell attempts to play down the threat of unwanted inflation wasn’t enough to sustain investors’ appetite for riskier assets while renewed lockdowns in Europe amid spiking infections continue to pressure stocks. However, even if cyclical and energy…

March 23, 2021 BY Steffy Bogdanova

Daily market commentary: Oil is showing further weakness in the first part of this week

EUROPEAN SHARES European shares opened lower on Tuesday, extending the bearish trend seen in Asia amid progress slowing in the fight against the pandemic. Today’s risk-off trading stance came after investors digested the prospect of an extended lockdown in Germany due to increasing virus cases in the region, which could significantly jeopardize the nascent economic…

July 06, 2020 BY Valentina Kirilova

Daily market commentary: The DAX-30 Index is one of Europe’s top performers

EUROPEAN SHARES All eurozone benchmarks opened significantly higher on Monday as the momentum on riskier assets remains strongly bullish momentum despite coronavirus cases continuing to rise over the weekend. As explained in previous reports, the recent positive macro data and potential development of a cure against the virus boosted market sentiment last week. However, the…

June 02, 2020 BY Valentina Kirilova

Daily market commentary: The US dollar continues to lose ground

EUROPEAN SHARES Most European stocks edged higher on Tuesday despite a mixed tone registered overnight by Asian benchmarks as investors still struggle to assess the potential impact of US civil unrest to markets. While recent reassuring macro data and optimism about the reopening of economies in both Europe and the US have sustained the bullish…

May 18, 2020 BY Valentina Kirilova

Daily market commentary: Gold price climbing to its highest in seven years

EUROPEAN SHARES Shares traded higher from Tokyo to London on Monday as investors start the week on an optimistic note as major economies reopen. All European benchmarks registered a bullish opening with mining and energy shares among today’s top movers with market sentiment fuelled by fresh hopes of a global recovery. However, even if the…

April 06, 2020 BY Valentina Kirilova

Daily market commentary: Stocks in Europe are trading significantly higher

OIL Even the best Hollywood movie director would have struggled to imagine the last few days for oil. The dramatic scenario seen last week, with WTI falling below $20 has been followed by a spectacular rebound of 50% in just two trading sessions. This happened when markets realized that the lower price, in conjunction with coronavirus, was…

November 07, 2019 BY Valentina Kirilova

Daily market commentary: DAX-30 index is one of the best performers in the Eurozone

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for November 7, 2019. See details below: EUROPEAN SHARES European shares extended yesterday’s global gains after the two largest economies in the world buoyed market sentiment with an agreement to roll back tariffs on each other’s goods prior to a phase one…

Tag: DAX-30 index