A crucial week to start with presidential elections, new…
November 2, 2020We are starting one the most crucial weeks of the year with US elections, Brexit negotiations, surge in corona virus and multiple economic releases including US jobs reports, BoE and…
US stimulus package news and new Corona restrictions in…
October 12, 2020With US closed today for Columbus Day we expect a muted market activity today. This week earning season will get underway with results from U.S banks later this week. White…
U.S. STOCK FUTURES ERASE GAINS
September 30, 2020As U.S congress continues to argue over the size of a new economic support package after the additional unemployment benefits expired. Investors have remained cautious with COVID-19 infections on the…
Brazilian Assets Lower on Announcement of Social Program
September 29, 2020UNITED STATES US stocks started off the week on a high as hopes for another stimulus package revived. The NASDAQ led gains, up 1.86% while the S&P and the DOW…
Risk on with Positive Data from China. Non-Farm Payrolls…
September 28, 2020UNITED STATES Today’s agenda is dominated by ECB and FOMC speeches with CNY off on holiday. We should see US Final GDP Numbers and Non-Farm Payrolls later this week. Trump…
Markets Dropped after FED Comments
September 24, 2020US indices dropped yesterday after the comments of FED officials: some of them highlighted that uncertainty is still too high and “the most difficult part of the recovery is still…
FED Remained the Rate Unchanged With the Prediction to…
September 17, 2020US FED decided to leave the rate unchanged with the forecast to stay near zero for the next 3 years with an idea is to help the economy to rebound.…
All Eyes are on Central Banks Action Later This…
September 14, 2020UNITED STATES Bond Prices Edge Higher Ahead of FOMC; Inflation Heats Up — 10-Year 0.671%. Traders are looking out to Wednesday’s Federal Open Market Committee meeting statement and anticipate policymakers…
ECB Won’t Overreact to Stronger EUR
September 11, 2020EUROPEAN UNION As largely expected, ECB meeting came in-line yesterday, announcing that the bond buying programme would remain at EUR1.35tn and rates would be left unchanged. Separately, Lagarde said that…
ECB Rate Decision Coming Today
September 10, 2020After the three-day drop in US equities indices, market appreciated on Wednesday – S&P gained 2%, Nasdaq closed 2.7% higher. However, futures are trading slightly lower this morning, losing 0.3%.…