Daily market commentary: European shares resumed their upward trend LeapRate

March 10, 2021 BY Steffy Bogdanova

Daily market commentary: European shares resumed their upward trend

EUROPEAN SHARES European shares resumed their upward trend, despite initially opening down, as investors’ risk appetite remains alive and well. Even if a rotation from growth to “defensive” shares is still taking place, the global market sentiment is still oriented towards riskier assets this week. Indeed, with today’s signature on the $1.9 trillion stimulus package…

August 10, 2020 BY Valentina Kirilova

Daily market commentary: European shares are trading higher today

EUROPEAN SHARES European shares are trading higher on Monday as hopes of a US stimulus package and strong macro data from China provided a fresh boost to bullish sentiment. Even if the recent battle between Republicans and Democrats over the new stimulus package scared some investors last week, the four new executive orders recently signed…

July 10, 2020 BY Valentina Kirilova

Daily market commentary: What can we expect from the oil price?

EUROPEAN SHARES Stocks slid lower on Friday in Europe, extending yesterday’s losses and following the bearish trend overnight in Asia, as risk appetite fades across the globe. Despite a positive start to the week, record increases in the number of infections and deaths in several countries (California, Florida, Mexico, BRIC countries etc…) has brought some…

June 03, 2020 BY Valentina Kirilova

Daily market commentary: The euro continues to outshine other currencies

OIL Risk-on is still the main story on stocks markets as investors are betting on a quick recovery of economies. This scenario, in conjunction with expectations for an extension of the cut by OPEC, is lifting oil. Moreover, the API released figures yesterday announcing a modest but surprising draw of half million barrels in the…

May 25, 2020 BY Valentina Kirilova

Daily market commentary: The dollar is benefiting during early Monday trading

EUROPEAN SHARES European stocks opened slightly higher on Monday following a mixed trading session in Asia, particularly in Hong Kong where shares extended Friday’s losses amid mounting tensions with China. The return of violence in the region is seen as a new bearish factor for share markets as traders fear it could lead to deeper…

April 08, 2020 BY Steffy Bogdanova

Daily market commentary: The US dollar is gaining ground against other major currencies

GOLD In the last few days we have seen an acceleration of the gold price as it seems that investors are starting to realize that central banks will be forced to print a huge amount of money and put in place other ultra-expensive measures to fight the coronavirus-induced crisis. From a technical point of view,…

April 07, 2020 BY Valentina Kirilova

Daily market commentary: The US dollar is losing some of the ground gained over the last few days

EUROPEAN SHARES All European benchmarks are trading significantly higher on Tuesday, extending yesterday’s gains, as market sentiment strengthened towards risk assets such as stocks and corporate bonds. This revived risk appetite, mainly built on hopes of an easing of the COVID-19 spread, is getting stronger and stronger as new reassuring data confirm the progress we…

July 15, 2019 BY Valentina Kirilova

Daily market commentary: The Turkish Lira is under the spotlight

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 15, 2019. See details below: FOREX The Turkish Lira is under the spotlight, following this weekend’s downgrading of the country’s credit rating by Fitch. Basing its decision on the deterioration of institutional democracy and the loss of credibility of economic…

July 04, 2019 BY Valentina Kirilova

Daily market commentary: Gold is declining but holding well

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 4, 2019. See details below: GOLD After a new rally yesterday, gold is declining but holding well above the support level of $1,400. Investors are waiting for NFP figures from the US and are trying to understand how this data…

July 03, 2019 BY Valentina Kirilova

Daily market commentary: Every EU benchmark is bullish

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 3, 2019. See details below: EUROPEAN SHARES European shares are extending yesterday’s gains despite a mixed trading session in Asia overnight and while U.S. Futures point to a steady open ahead of 4th of July bank holiday. Market sentiment is…

Tag: STOXX-50 index