The Week Ahead – Jackson Hole steal the spotlight amid Covid fourth wave
The market relaxes on the vast risk aversion that dominated the last week ahead of Friday’s Jackson Hole’s symposium. What are the major events and risk drivers as we head into a new week? It’s been a better market mood as a fresh week begins with a higher risk appetite in the Asian session. Investors […]
April 23 Forecast: Biden tax hike and covid resurgence pressurizes the market
The equities market is bound to end the week bearish as the US corporate tax hike and rising cases of Covid in Asia dampened risk appetite. The Euro is recovering from the shocking ECB fall on the back of expansive PMI data from the zone. Meanwhile, crypto sell-off continues as major futures deals near expiration. […]
Daily Market Themes, Analysis and Forecast – April 14 Update
The dollar index was tamed beneath 92 as the US bond yield resumed the downwards correction. Gold jumped back to the 1740-1750 region to absorb the retreat that started late last week. US stock indices reached fresh record highs. Highlights today include speeches from ECB President Largade and some members of the FOMC including Chairman […]
Daily market themes, analysis and forecast – March 23 update
The markets have been having moderate volatilities this week so far as sentiment gears toward risk-off. Negative risk sentiment resumed on Tuesday to further pressurize equities and lift the dollar. The US stock market had a significant resurgence on Monday although has dropped a bit earlier today. In the Chinese market, losses are far bigger […]
Forex Analysis – How will Pound Sterling react to the UK Budget?
On Wednesday, the UK Chancellor of the Exchequer (Finance Minister) will reveal the country’s latest budget. Traders and investors, among many other things, would like to check a likely tax hike, especially for corporations and big investments. The UK’s debt profile has surged since the pandemic, as so for other countries. The government is indebted […]
The Week Ahead (March 1-6) – spotlight on NFP, RBA and Stimulus
A fresh week is starting in the financial market. Traders and investors will expect as much volatility as was seen last week. Ahead of the US employment data, will the dollar add to gains? The market will not be void of big moves this week. The US is expected to push the 1.9 trillion pandemic […]
The week ahead – mixed risk tone starting a potentially volatile week
The week started very active with big bearish openings across risk assets. However, the Asian session is leading a cautiously positive recovery. Heading into the London session, safe havens are pressured after being supported by last week’s beating of the stock markets. S&P 500 is recovering over half of Friday’s dip – up by over […]
Markets ending on risk-aversion amid Senate hearing on GameStop
The dollar recovers the overnight losses as it continues to dominate its peers. The week is about to end on risk aversion as the stock market struggles after the biggest dump since October. The rebound on wall street is quickly fading as the dollar regains the lead overnight. EURUSD is back at the 1.21 critical […]
January 22 market update – session wrap and sentiment analysis
Risk appetite slows down in the last days of the week as markets rethink the impact of the stimulus. Central banks maintain the status quo in their monetary policy meetings with hawkish tones. What are the core points of the week and risk drivers going forward? Market Wrap FX After plummeting across all the sessions […]
Daily market highlight & risk drivers – January 18 Pre-New York Session
The greenback maintains firmness at the start of the New York session on Monday. Last week risk-off sentiment gets extended as the buck continues to lead its peers. Stock market struggles as dollar soars on risk-off The dollar index is flying toward 91. Although banks are on holiday in the US to observe Martin Luther […]