Hedging
Hedging

News & Press

02
May

Today’s Economic Calendar

European markets expected to open lower ISM manufacturing index for April Final manufacturing PMIs from Europe Futures markets point to a lower opening of the European cash session, following a mixed  Asian session. Trading in Asia was muted as Chinese traders were off for holidays. As UK traders are also off for holiday today, somewhat […]

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02
May

Good Morning Europe

Indices from Asia-Pacific traded mixed today. Nikkei gained 0.2%, S&P/ASX 200 dropped 1.2% and Kospi moved 0.4% lower Stock markets in China were closed for holidays. US futures trade little changed compared to Friday’s cash close. European futures point to a lower opening of today’s cash session. According to the Times, Russia is preparing for […]

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29
Apr

U.S Data Heaps More Pain on Eur

Core PCE prices in the US which exclude food and energy fell  to 0.3% month-over-month in March, following 0.4% gain in February and in line with market expectations of a 0.3% rise. Year-on-year, core PCE inflation went down to 5.2 % from 5.4 % in previous month and below analysts’ estimates of 5.3%. Personal income […]

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29
Apr

Lets Talk Amazon (AMZN.US)

Amazon (AMZN.US) stock plunged 10.0% before the opening bell after the tech giant posted disappointing quarterly results and revealed a revenue forecast that missed analyst estimates. Company’s sales growth slowed down to 7.0% compared to 44% last year, meanwhile costs increased and its investment in electric vehicle company Rivian (RIVN.US) erased its profits.  Revenue at $116.4 billion came  in-line […]

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29
Apr

Talking CHNComp

Coronavirus pandemic in China is far from over. While the number of new daily cases moderated recently, restrictions remain in place creating a drag on the economy. Mass testing is being carried out in more and more cities to identify Covid hotspots. Economic damage from such an approach will stretch beyond China due to the […]

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29
Apr

Muted Reaction to Positive German Data

A flurry of Q1 GDP reports from European countries was released this morning. However, the most closely watched one, as always, was the German release at 9:00 am BST. The German report was expected to show a 0.1% QoQ expansion in Q1 2022, following a 0.3% QoQ contraction in Q4 2021. Report turned out to […]

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29
Apr

Fridays Economic Calendar

European markets set to open higher Q1 GDP data from Europe US core PCE inflation for March to be released in early afternoon Futures markets point to a higher opening of the European cash session, following the stellar Wall Street session yesterday and upbeat trading in Asia today. DAX futures trade around 150 points above […]

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29
Apr

Good Morning Europe

US indices had a stellar session yesterday in spite of the US GDP miss. S&P 500 gained 2.47%, Dow Jones moved 1.85% higher and Nasdaq surged 3.06%. Russell 2000 gained 1.80%. Stocks in Asia traded higher. S&P/ASX 200 added 0.7%, Kospi gained 1% and Chinese indices traded up to 3% higher. Stock market in Japan […]

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28
Apr

Hawkish Guidance From Riksbank

Riksbank surprised markets today with an unexpected 25 basis points rate hike. Main interest rate increased from 0.00% to 0.25%. However, this is not the end as the Bank provided hawkish guidance, leading SEK to strengthen 1% against the euro. Key takeaway from policy statement Bank will cease purchases of Treasury bills, starting today Asset […]

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28
Apr

Russian Decision Raises EUR Concerns

The Russian decision to halt natural gas flows to Poland and Bulgaria raised concerns that Russia may cut whole Western Europe off its gas. This has magnified downward pressure on the common currency and resulted in a steep drop on the EURUSD market. The main currency pair even dipped below 1.05 for a moment this […]

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