The magnitude of the current bounce suggests considerable institutional involvement, which is practically unknown in the week before a major event such as the NFP. That suggests in turn that the reaction to the job report could also be extremely strong, so the most conventional wisdom of waiting for the dust to settle after a…
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European Shares Equities continued to climb on Tuesday in Europe, extending yesterday’s gains and heading towards one of the best quarterly starts this year. Market optimism seems to be back on track in October, mostly brought by the prospect of lower oil supply on the markets as well as hopes of a peak in hawkish…
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European Shares Share markets fluctuated in Europe on Monday, following the mixed trading session registered overnight in Asia, as traders start their week on a cautious note. The bearish sentiment remains towards riskier assets as investors are weighed down by lingering inflation fears and tightening monetary conditions ahead of another busy week on the macro…
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European Shares EU shares pared some of yesterday’s losses this morning, edging higher as market sentiment improved slightly for the end of the week. Investors drove most benchmarks higher on Friday, in a corrective bullish move following another annual low in session yesterday, as they cheered positive macro data from the UK, France and Germany.…
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European Shares European markets pared gains and even registered further losses on Thursday, following a global trend, as a risk-off trading stance remains well in place in investors’ minds. Market sentiment stays significantly weighed down by rising uncertainty, brought to the markets by higher borrowing costs, elevated price pressure and the prospect of an economic…
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However, sentiment on monetary policy and economic conditions has changed rapidly over the last few days, so it makes sense in the context not to rely too much on the chart. In the unlikely event of a significant revision upward in American GDP for the second quarter, the price might push sharply lower in the…
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That said, the Stoxx-50 index still trades inside its short-term bearish channel, currently close to the upper band, while the RSI indicator may indicate a potential lateral consolidation to come. The overall sentiment remains clearly bearish for riskier assets and investors are likely to stay focused towards macro developments with today’s speeches from Fed chair…
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Investors are also bracing for another busy week with speeches from ECB and Fed officials alongside a batch of significant macro news such as Chinese PMI, US GDP and EU CPI. The GBP continues to crash alongside the main FTSE-100 UK index which highlights the lack of confidence investors have in the Government’s plans while…
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European Shares Stock markets extended declines on Friday in Europe, alongside Asian shares and US futures, amid fading appetite for risk on a global scale. Benchmarks drifted lower, trading closer and closer to their annual low while Treasury yields continue to climb almost everywhere as investor sentiment is being weighed down by higher borrowing costs,…
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Gold Gold has been trading flat during the early part of Tuesday’s session, remaining close to the 2-year minimum touched at the end of last week. The price of the precious metal is weighed down by the strength of the dollar, with investors bracing for the Federal Reserve rate decision due on Wednesday. The Fed…
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