Bulle und Br vor hellem Hintergrund

FX Majors rangy, stocks bounce back ahead of FOMC

On Tuesday, markets were trading sideways to lower on back of Brexit concerns and the important Fed meeting, taking place this evening. DAX has hit our first target from our Orderbook in our weekly update. Market participants have scaled back the expectation of a rate hike in light of the recent US employment report, which […]

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European Markets Are Trading Lower – US Dollar under selling pressure

European stocks markets are trading lower today. EuroStoxx is falling 1,9%, followed by DAX, -1,32%. In the forex market, the US Dollar continues to suffer from fresh selling pressure against the euro while “Brexit” worries spurred widespread weakness in the British Pound. The EURUSD pair extended its rally beyond 1.1400. Regarding GBPUSD, the pair is […]

WEEKLY-3

Weekly Marketscope

▸With US Payrolls showing a significant disappointment at 38K last week, we expect the major theme for the upcoming week is further talk of a June rate hike by the FED now being off the table. This should leave the currency markets with further drops in the US dollar, unless FED Chairman Yellen can convince […]

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Risk Constructive Ahead of Important US Job Report

Europe closed in mixed territory yesterday following a lower PPI and an ECB which turned out to be a non-event as expected. Strikes and flooding in mainland Europe also had an effect, leading to the DAX just managing to take home gains, whereas the CAC40 and FTSE100 lost ground. In the US, markets were bid, […]

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Rangy Markets on UK Holiday – more USD bids to come?

With UK Bank Holiday on Monday, markets were relatively rangy with the US Dollar stabilising against peers, less the JPY and risky assets continuing higher. US equity markets, closing 0.3-0.7% higher, were led by financials and the S&P50 managed to take home its fourth daily gain in a row. In Europe, Euro Stoxx 50 closed […]

Roadsign of higher interest rates ahead against blue sky

Hawkish Fed Speakers send Risk on the offer – H-S in S&P

Following a good finish for the week in global markets, Monday’s price action was negative on back of hawkish comments from Fed speakers (Bullard in particular mentioning that if interest rates were kept too low, for too long time, it would hurt the economy) about the US monetary policy and potential rate hike in June. […]

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Safe Haven Preferred By Markets Ahead of Key Events

Stock markets in Asia corrected lower for the second day in a row following the major indices in Europe and the US. Interest rates continued on the bid with US rates forming a clearer uptrend than in the EU. Oil was on the offer, but still above recent break-out level at 42.40. As investors fled […]