British Airways parent down double digits Similar to the US, airlines and travel names were among the hardest hit in the UK yesterday, when the FTSE 100 closed down 3.4% and the FTSE 250 was off by 4%. Renewed second wave and lockdown fears were the order of the day, with British Airways owner IAG…
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EUROPEAN SHARES European share markets registered a slight rebound on Tuesday, following Monday’s sell-off, while US futures and Asian stocks kept on trading lower led by the financial sector. Even if there are now numerous bearish market drivers, rising Covid-19 numbers in several countries and uncertainty over further US fiscal stimulus are the most important…
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EUROPEAN SHARES European contracts traded lower on Thursday as market sentiment remains uncertain ahead of today’s slew of corporate results. The Fed’s extremely dovish tone yesterday was already largely priced in and didn’t lead to extreme price action on stock markets. Even though Jay Powell pledged to keep the macro environment extremely accommodative using all…
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EUROPEAN SHARES European shares were little changed on Tuesday with this week’s consolidation phase continuing ahead of tomorrow’s Fed meeting. Even if the strong bullish pace on equity markets slowed significantly this week, the lack of sharp downside corrections prevents the current trend from being really threatened. This lateral tone in the very short-term is…
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OIL Investors are betting on a V-shaped recovery for economies and a similar scenario on oil demand. Moreover, they are seemingly confident that there will be space in Cushing’s oil tanks at the expiries of the contracts in the coming months. All this sounds a bit too optimistic but what we have seen is that…
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China 2020 Earlier this year, the same happened. When the coronavirus cases started to pick up in China, the Shanghai composite started to decline. The cases picked up quickly. However, the Chinese government acted fast, and on February 4, the Shanghai composite bottomed out, and about one day later, we saw the peak in the…
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EUROPEAN SHARES Friday saw most European benchmarks consolidate following a solid three day rally. The market sentiment remains alive today, thanks to the global support measures taken in almost every region. However, investors around the world may be tempted to take some profits before the weekend. The spread of the virus doesn’t seem to be…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 22, 2020. This is not a trading advice. See details below: FOREX In the absence of any significant news or major data, the foreign exchange market appears to be driven by a resurgence in risk appetite that emerged during the…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 8, 2020. This is not a trading advice. See details below: FOREX The dollar swung widely against the safe havens of the yen and Swiss franc following Iran’s missile attack against American military bases in Iraq. However, despite the price…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for December 10, 2019. Global markets are down across the board this morning as investors err on the side of caution ahead of the December 15th deadline for the next round of US imposed tariffs, which is fast…
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