Brazilian Assets Lower on Announcement of Social Program

September 29, 2020

UNITED 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, 2020

UNITED 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, 2020

US 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, 2020

US 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, 2020

UNITED 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, 2020

EUROPEAN 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, 2020

After 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%.…

 

Brent Crude Falls Below $40/BBL for the First Time…

September 9, 2020

The S&P 500 index SPX fell 2.8% to 3,331.84, clinching its first three-day losing streak in nearly three months with nearly 90% of all shares lower. The likes Apple AAPL,…

 

Stocks Brush Off Last Week Jitters to Open Week…

September 8, 2020

EUROPEAN UNION European stocks broke off from the previous week’s selloff to start the week on a high. Monday’s 1.66% gain for the STOXX and 2.38% rise for the FTSE…

 

Major Market Moves on Friday were Attributed to the…

September 7, 2020

UNITED STATES A very quiet day on the cards due to Labour day bank holiday both in the US and Canada. Major market moves on Friday were attributed to the…