The ECB rate decision and Lagarde’s press conference are key events of the day. Rate announcement will come at 12:45 pm BST while the press conference will begin 45 minutes later, at 1:30 pm BST. While a change in the level of interest rates is unlikely, a strong and clear guidance may be offered. The […]
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Our Blog
Our Blog
09
Jun
Jun
All Eyes on The ECB
European markets set to open lower ECB decision in the spotlight Earnings from FuelCell Energy and NIO Futures markets point to a lower opening of the European cash session, following a downbeat trading on Wall Street yesterday and in Asia today. Oil is pulling back slightly after reaching 3-month highs yesterday. Safe haven currencies, like […]
09
Jun
Jun
Morning Brief
US stock market indices finished yesterday’s trading lower. S&P 500 dropped 1.08%, Dow Jones moved 0.81% lower and Nasdaq declined 0.73%. Russell 2000 dropped 1.49%. Stocks in Asia also traded lower today, although with few exceptions. S&P/ASX 200 dropped 1.20%, Kospi slipped 0.5% and indices from China traded up to 1.6% lower. Nikkei was outperformer, […]
08
Jun
Jun
What to expect from the European Central Bank?
What to expect from the European Central Bank? The European Central Bank is set to announce a monetary policy decision tomorrow at 12:45 pm BST. Market does not expect rates to increase this week but calls for a rate hike continue to mount, with many pointing to July as a start for rate lift-off. Nevertheless, […]
07
Jun
Jun
The Morning Brief
US indices finished yesterday’s session slightly higher. S&P 500 gained 0.31%, Dow Jones moved 0.05% higher and Nasdaq added 0.40%. Russell 2000 gained 0.36%. Indices from Asia traded mixed – Nikkei added 0.1%, S&P/ASX 200 dropped 1.4% and Kospi moved 1.7% lower. Indices from China traded mixed. DAX futures point to a lower opening of […]
06
Jun
Jun
The Week Ahead
European markets set to open higher Oil gains after Saudi Aramco price hike RBA and ECB rate decision later in the week Asian indices managed to book gains during the first trading session of a new week. Strong gains were spotted in China as Beijing continues to lift pandemic restrictions. Elsewhere, oil gained after Saudi […]
03
Jun
Jun
The Morning Brief
US indices snapped a 2-day losing streak and finished yesterday’s trading with big gains. S&P 500 gained 1.84%, Dow Jones moved 1.33% higher and Nasdaq rallied 2.69%. Russell 2000 added 2.31% Liquidity during the Asian session was limited as markets in China and Hong Kong were closed for holidays. Nevertheless, gains could be spotted in […]
02
Jun
Jun
Short-term Outlook DAX 30
The German benchmark index has stabilized and is rising again in the short-term. D1 chart The DE30 is recovering on Thursday after yesterday’s retest of last Friday’s breakout level at 14,319 points. This offers a chance to resume the short-term uptrend and test resistance at 14,616 points – on Monday the index halted its rise […]
02
Jun
Jun
Talking Cryptocurrency Market
Recent price reactions in the cryptocurrency market pointed to a likely broader rebound, fuelled by optimistic Bitcoin forecasts from JP Morgan analysts and news of another Andressen&Horotwitz fund looking for opportunities on the sector’s declines. Meanwhile, Bitcoin slipped below $30,000 again amid yesterday’s weakness in US indices. Will the bulls manage to sustain the rally? […]
02
Jun
Jun
Morning Brief
US indices booked a second downbeat session in a row. S&P 500 dropped 0.75%, Dow Jones moved 0.54% lower and Nasdaq finished 0.72% lower. Russell 2000 dropped 0.49% Stocks in Asia-Pacific region traded mostly lower. Nikkei dropped 0.2%, S&P/ASX 200 moved 0.9% lower and Kospi plunged 1%. Indices from China traded mixed DAX futures point […]