Tag: us dollar

daily market analysis
July 16, 2020 BY Valentina Kirilova

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

EUROPEAN SHARES  European shares slid lower on Thursday, mostly in profit taking moves sparked by disappointing Chinese retail sales this morning. Even if trading optimism has recently been boosted by vaccine developments, today’s poor Chinese data underline that market confidence remains feeble and reminded some investors the path to a full recovery may be longer…

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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
April 21, 2020 BY Valentina Kirilova

Daily market commentary: Brent has fallen noticeably, the collapse has been even more dramatic for WTI

EUROPEAN SHARES  European stock markets opened lower on Tuesday as energy shares led benchmarks down following yesterday’s historic rout on oil. Analysts and traders clearly didn’t expect black gold to go below zero and this has unsurprisingly had a negative impact on European oil majors like Total and Eni, which are currently trading 5% lower…

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Daily Market analysis
April 15, 2020 BY Valentina Kirilova

Daily market commentary: The dollar reverts to being the safe haven of choice

EUROPEAN SHARES  European markets slid lower on Wednesday, following the trend registered overnight by Asian benchmarks albeit on lower volumes than usual. Today’s uncertain market sentiment comes after investors started to digest the first few earnings reports with the financial sector publishing mixed results on Tuesday. This blurry picture is making it hard for traders…

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Daily Market analysis
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…

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