Tag: forex

Daily Market Commentary
July 25, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar is trading flat

Gold Gold prices have barely moved during early Monday trading, reflecting the performance of the US dollar, which is also trading flat. Market expectations have settled on a 75bp rate hike by the Federal Reserve this Wednesday, and so the mood in the markets is now calmer, contrasting with the greater turbulence of previous weeks,…

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Daily Market Commentary
July 15, 2022 BY Steffy Bogdanova

Daily market commentary: The euro drops below parity

European Shares Stocks traded higher in Europe on Friday, with all sectors in the green, despite a mixed open following disappointing macro figures from China. Investors have been slightly worried about seeing the Chinese economy slowing down in Q2 after GDP and industrial production both fell short of expectations. However, the strong retail sales data…

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July 14, 2022 BY Steffy Bogdanova

Daily market commentary: European shares continue to fall, alongside US futures after the latest US CPI release

European Shares European shares continue to fall, alongside US futures, as market sentiment remains weighed down after the latest US CPI release. Investors waiting for a positive surprise were left disappointed yesterday following another inflation print showing a fresh 40-year record high at 9.1%. This number isn’t well perceived at all by the market as…

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Daily Market Commentary
July 13, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar index is trading flat

European Shares European and US contracts slid lower on Wednesday, despite Asian shares closing in the green, as investors brace for a busy day on the macro front. Slight improvements regarding the virus situation in China lifted market sentiment overnight, especially towards tech stocks, while treasury markets remained stables. It’s inflation day in the US…

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Daily Market Commentary
July 12, 2022 BY Steffy Bogdanova

Daily market commentary: The euro’s bearish trend is continuing

Oil Oil prices dropped during early Tuesday trading, as the markets appear increasingly convinced that a global economic slowdown is coming. With inflation remaining high and forcing central banks and fiscal authorities to withdraw stimulus, an energy crisis in Europe that appears to be about to get worse and trigger a recession, and disappointing demand…

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July 11, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar surges versus its peers

European Shares Global markets slid lower everywhere at the start of the new week, as appetite for riskier assets decreased and lingering dark clouds continue to overshadow market sentiment. While monetary tightening, inflation and the prospect of slower growth have been dampening the markets of late, today’s risk aversion came from China. Investors chose to…

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