Shares markets opened mixed in Europe on Monday, holding gains ahead of further macro developments this week.
Market sentiment fluctuated this morning, as losses in Germany due to the sharp price action in Bayer, were offset by gains in Paris and Madrid.
Even if equities started the week without direction, risk appetite remains high from investors as the dovish...
The US dollar touched a two-and-a-half-month low during early Monday trading, reflecting the consensus amongst market participants that the Fed has reached the end of this hiking cycle. US economic data released over the last weeks showed a slowdown in activity, in a dynamic that culminated with a lower-than-expected inflation reading for October. Investors will...
European shares rose on Friday, despite Asian benchmarks closing in the red, as investors brace for Eurozone’s CPI figures.
The sell-off in Asian Equities due to the US-Sino trade war resurgence didn’t spread to European contracts on Friday, as investors continued to cheer on the prospect of a much more dovish monetary policy to come.
Indeed, cooling inflation,...
European markets fluctuated on Thursday as bullish sentiment took a break while holding recent gains.
The equity rally spurred by dovish bets following cooler-than-expected inflation reports has now widely spread. Following sharp price rises on most benchmarks and a weaker US dollar, many traders have taken out profit, leading to some consolidation or slight...
The US dollar is trading within a narrow range in relation to other major currencies as Thursday’s session gets underway. The greenback appears to have found support, as economic data released on Wednesday showed the resilience of the American economy, with retail sales figures for October exceeding expectations. Inflation is dropping faster than predicted but...
Stocks rallied in Europe on Wednesday, with a fresh boost to risk appetite as dovish bets resurge.
Market sentiment towards risky assets strengthened significantly after investors witnessed softer-than-expected inflation readings in the US yesterday and in the UK this morning.
These reports relieved stock investors, who now have more clarity on the likely path of...
The US dollar had its worst session in a year, with the index that measures its performance against a basket of other major currencies dropping more than 1.5% on Tuesday. The sudden greenback weakness was triggered by the release of US inflation data for October, which was softer than expected and resulted in an increase in bets that the Fed’s hiking cycle is now...
Stock benchmarks registered modest gains on Tuesday, extending the sentiment seen in Asia overnight, with investors bracing for today’s crucial US inflation data.
As previously said in our last report, market sentiment towards risky assets has lost a bit of its direction over the past few days after Federal Reserve officials expressed mixed hints about the future...
The US dollar is trading almost flat as the European session gets underway. Investors are in wait-and-see mode ahead of the release of American inflation data for October later today. In terms of the currency markets, this event will be critical in the economic calendar and will likely impact the direction of dollar trading in the coming weeks. Senior Fed...
Equities climbed slightly at the start of a new week in Europe despite a bullish trend losing direction ahead of this week’s CPI data.
Investors and analysts are bracing for crucial inflation prints from the US, EU and the UK this week, with the desperate need to clarify where monetary policies will likely go in these regions, especially after the mixed signals...
The US dollar is trading almost flat in relation to other major currencies during early European trading. The greenback lost gas after last week's rollercoaster, framed by the downside created by a dovish Fed meeting and disappointing labour numbers, followed by some hawkish remarks from senior Federal Reserve officials. Investors are now in waiting mode, with...
European benchmarks opened lower following the bearish trend sparked at the end of the US trading session yesterday but quickly bounced back as bull traders defended support levels.
Fed Chairman Jerome Powell’s warning that borrowing rates may not be at “restrictive enough” levels surprised investors yesterday, stalling the rally in equities and treasuries while...
Stocks traded higher in Europe on Thursday, extending yesterday's gains as investors' appetite for risk resurges.
The bearish correction that started this week ended on Wednesday, and bull traders are continuing to pile up their exposure in both treasuries and equities as optimism about a peak in monetary tightening remains alive.
Without any significant clues...
Brent oil prices bounced back from the multi-month low touched on Wednesday, hedging just over the $80 per barrel level in early morning trading. Crude prices suffered this week, dropping more than 5% on future demand concerns, as well as lowered perceived supply risks from the Israel and Gaza situation. Inflation data from China, the world’s top oil importer,...
The US dollar hedged up in early Wednesday trading and continues to recover the ground lost to other major currencies at the end of last week. After last week’s dovish Fed stance and a disappointing jobs report, which saw the dollar touching a multi-week low, Federal Reserve officials have been working hard to reset expectations, talking tough and re-opening the...
The US dollar hedged down in relation to other major currencies during early Monday trading, but not significantly. With reduced liquidity in the markets due to the US Labor Day holiday, investors from the rest of the world are still processing the meaning of the latest employment figures from the US, which were published on Friday. The number of new jobs created...
The US dollar lost ground to other major currencies during early Friday trading, ahead of the release of the August Non-Farm Payrolls later in the day. Today’s softness comes on the back of Thursday’s gains, which followed the release of stronger-than-expected personal spending numbers. These ups and downs of the currency illustrate well the uncertainty amongst...
Gold prices are hovering close to the multi-week maximums reached on Wednesday as the financial markets continue to ponder the impact of the latest economic data released in the US. Disappointing employment and GDP numbers mean a lower likelihood of further rate hikes by the Federal Reserve, resulting in softer treasury yields and losses for the dollar in relation...
