Tag: DAX 30

daily market analysis
August 06, 2020 BY Valentina Kirilova

Daily market commentary: Gold price continues to skyrocket

EUROPEAN SHARES  Stocks opened mostly lower on Thursday in Europe amid weaker market sentiment following mixed developments on multiple fronts. Rising US-Sino tensions, increasing virus cases on the old continent and the recent batch of mixed macro data are some of the clouds darkening the sky for investors at the moment. As previously said, there…

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daily market analysis
July 23, 2020 BY Valentina Kirilova

Daily market commentary: The Dollar Index continues to decline

EUROPEAN SHARES  Stocks opened slightly higher in most European markets on Thursday, retracing some of yesterday’s losses while market sentiment remains mixed and directionless on a very short-term basis. Even if most bullish trends remain valid on European benchmarks so far, especially on the DAX-30 Index, lingering concerns over the uncertainty on the timing of…

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daily market analysis
June 29, 2020 BY Valentina Kirilova

Daily market commentary: The gold price is slowing down

EUROPEAN SHARES  European equities surprisingly opened higher following drops in Asian shares overnight where last week’s global risk-off sentiment continues. Bull traders managed to take control of European markets at the opening bell after China, EU’s second largest trading partner, published much-improved industrial production figures for May. However, this initial spike is likely to be…

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daily market analysis
June 23, 2020 BY Valentina Kirilova

Daily market commentary: The spot price of gold remains steady

EUROPEAN SHARES  European stock indices opened significantly higher on Tuesday after Washington reassured investors on the state of the US’ relationship with China with President Trump stating the trade deal signed with Beijing in January was still “intact”. These few words were enough to offset recent uncertainty surrounding risk assets, reviving market sentiment and driving…

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daily market analysis
June 18, 2020 BY Valentina Kirilova

Daily market commentary: The US dollar is staging a slow comeback

EUROPEAN SHARES  European share markets opened mostly lower on Thursday, following a similar trend overnight in Asia, as investors’ appetite for risk loses momentum. This decreasing interest towards riskier assets came after there were rises in infections in more and more locations, sparking fresh concerns about the economic recovery. Even if the recent reassuring macro…

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daily market analysis
June 16, 2020 BY Valentina Kirilova

Daily market commentary: The dollar remains under pressure

EUROPEAN SHARES  European shares traded significantly higher on Tuesday, with similar gains on both Asian stocks and US futures on the S&P 500. This bullish trading stance took hold during yesterday’s US session when both the Fed and Washington tried to reassure investors against rising virus numbers. While the Fed will start buying corporate bonds…

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Daily Market analysis
May 27, 2020 BY Valentina Kirilova

Daily market commentary: The dollar is gaining ground

EUROPEAN SHARES  Shares edged slightly higher in Europe on Wednesday despite a mixed session in Asia overnight fuelled by simmering Sino-American tensions. While investors now expect fresh US sanctions as a reply from the Trump administration to China’s behaviour towards Hong Kong, it certainly hasn’t killed the optimistic mood reigning on markets right now. Developments…

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Daily Market analysis
May 15, 2020 BY Valentina Kirilova

Daily market commentary: European markets show volatility

EUROPEAN SHARES European markets showed volatility as they edged higher on Friday as traders weighed up the mixed data from China overnight. Investors were pleased to see the Chinese Industrial Production topping estimates for April but were disappointed by the drop in Retail Sales which highlighted the weakness of demand in almost every sector, and…

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