Daily market commentary: Stocks continued their rally in Europe, alongside US futures LeapRate

July 29, 2022 BY Steffy Bogdanova

Daily market commentary: Stocks continued their rally in Europe, alongside US futures

European Shares Stocks continued their rally in Europe on Friday, alongside US futures, as market sentiment improved following reassuring macro data in addition to positive corporate results. While today’s trading optimism was initially sparked by strong Q2 reports from Apple and Amazon yesterday evening, this morning’s surprising GDP data from Spain and France are driving…

European stock market experiences positive change

July 27, 2022 BY Steffy Bogdanova

Daily market commentary: Stock markets jump higher from Tokyo to US future contracts in New York

European Shares Stock markets jumped higher from Tokyo to US future contracts in New-York, as investors cheered a batch of positive corporate results. Solid reports from tech giants Microsoft and Alphabet have given a fresh boost to market sentiment on Wednesday, sparking hopes that companies can handle tighter monetary conditions and a slower economy. However,…

July 26, 2022 BY Steffy Bogdanova

Daily market commentary: Brent crude oil prices are rising, in a second consecutive day of gains

Oil Brent crude oil prices are rising during early Tuesday trading, in a second consecutive day of gains. Concerns over the supply of Russian gas to Europe are having a collateral impact on oil prices, as a potential squeeze on gas supplied to Europe is likely to increase demand of oil and other related fuels…

July 12, 2022 BY Steffy Bogdanova

Daily market commentary: The euro’s bearish trend is continuing

Oil Oil prices dropped during early Tuesday trading, as the markets appear increasingly convinced that a global economic slowdown is coming. With inflation remaining high and forcing central banks and fiscal authorities to withdraw stimulus, an energy crisis in Europe that appears to be about to get worse and trigger a recession, and disappointing demand…

June 29, 2022 BY Steffy Bogdanova

Daily market commentary: Brent crude prices fall, as investors consider a slowdown in global economic activity

Against this backdrop, today’s pause in the rise of prices comes as investors weigh the potential impact of the looming recession on future fuel demand; whether this pause will last remains to be seen, but the current scenario, where demand outstrips supply, would normally support further prices increases. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions…

June 14, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices rise as tight supply continues to squeeze an already tight market

Gold Gold prices bounced back from multi-week lows reached during early Asian trading this Tuesday. The precious metal is under pressure from rising bond yields and a strengthening dollar, as the markets react to last week’s release of US inflation, which was the highest in four decades. Investor expectations are shifting to accommodate a more…

June 01, 2022 BY Steffy Bogdanova

Daily market commentary: Brent prices hedge up modestly, as the impact of the EU sanctions on Russian oil is fizzling out

Gold Gold prices fell during early Wednesday trading, carrying the momentum initiated during the previous session. The value of the precious metal is declining in the markets, mainly due to its inverted correlation with the US dollar, as the American currency regains the front foot. Inflation related concerns remain at the top of Federal Reserve’s…

May 31, 2022 BY Steffy Bogdanova

Daily market commentary: A barrel of Brent reaches $124 - a level not seen since early March

Gold Gold prices are almost flat at the start of the European trading session, having earlier dropped by a half percent. The US dollar strengthened overnight, following hawkish comments by a senior Federal Reserve official, who maintained the US central bank should hike interest rates by 50 basis points at every coming meeting, until inflation…

May 13, 2022 BY Steffy Bogdanova

Daily market commentary: WTI crude oil prices rose during early Friday trading but remain on track for a weekly drop

Oil WTI crude oil prices rose during early Friday trading but remain on track for a weekly drop. There are two opposing forces dictating the markets stance in relation to oil; supply side concerns support the price of the barrel, with the ongoing war in Ukraine and the prospect of the European Union imposing a…

May 04, 2022 BY Steffy Bogdanova

Daily market commentary: WTI crude oil prices are hedging up

European Shares Stocks traded sideways, flirting with their opening level in Europe on Wednesday, as investors brace for today’s FOMC meeting. While Fed chairman, Jerome Powell, is widely expected to announce an historical 50-basis point rate hike in the end of the afternoon, investors will scrutinize his speech, looking for more clues on tapering and…

Tag: oil