A crest of hope and comfort?
A downside surprise on estimates for US CPI in the month of July saw the dollar sink alongside bond yields, while equities rallied hard in the immediate reaction. While the…
Eurostoxx futures +0.3% in early European trading
German DAX futures +0.3% UK FTSE futures +0.2% Equities are keeping the good mood from yesterday going so far, with S&P 500 futures also seen up 8 points, or 0.2%,…
China offers cryptic response on military drills around Taiwan
Well, they definitely are – at least from what can be observed in the region. The situation on the ground hasn’t changed all too much since last week. China were…
US stock declines deepen. NASDAQ down -1.3%
The stock declines are deepening a bit with the NASDAQ reaching down -1.3%. The S&P index is down -0.45% and the Dow industrial average is now lower after a early…
European stocks join the party with strong closing gains
Stoxx 600 +0.8% German DAX +0.9% UK FTSE 100 +0.7% French CAC +0.9% Italy MIB +0.6% Spain IBEX +1.3% US stocks are back to June levels while the Dax has…
Market Outlook for the Week of August 08-12
Last week the CPI print data for the CHF was below expectations and as a reaction the Swiss franc depreciated. Analysts at Pantheon say inflation will peak in August and…
Europe has filled underground gas storage facilities by more than 70% on average
The region continues to actively prepare for winter. On the gas day of August 5 (ends at 07:00 Moscow time on August 6), almost 72 billion cubic meters of gas…
Media: Western sanctions have rendered a service to Russia and Putin
He told reporters that the restrictions „have done a favor for Russian President Vladimir Putin.” Russia has gained economic independence, and also receives additional revenues to the state budget in…
S&P 500 approached key resistance
Further movement of the index will show whether the rise in the US stock market from the June lows is more than just a bearish rally. S&P 500 index chart in…