Saturday , October 31 2020
Home / Tag Archives: Euro Zone News

Tag Archives: Euro Zone News

Risk Bid as Stimulus Talks Approach Deadline

Equities remain bid on stimulus hopes EU inflation rises Nikkei -0.44% Dax -0.26% UST 10Y 0.77 Oil $41 Gold $1900/oz BTCUSD $11725/oz. Asia and the EU EU PPO 0.4% North America Open USD Housing Starts 8:30 It’s been a very quiet night of trade in the markets with FX essentially marking time but equities remained bid with Nasdaq futures up by more than 50 basis points as investors still anticipated some positive news on stimulus talks in Washington DC. Stocks slid for most of the day...

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Aussie Double Whammy – Rate Cuts and Risk Off. 6500 in View?

Equities slide on failed stimulus talks Aussie labor data beats but AUD drops Nikkei -0.51% Dax -2.87% UST 10Y 0.69 Oil $40 Gold $1896/oz BTCUSD $11364/oz. Asia and the EU AU Employment 6.9% North America Open USD Philly Fed 8:30 USD Weekly jobless 8:30 Markets were under pressure in Asian and European trade today with Nasdaq futures down more than 2% at one point as investors sentiment soured after it became clear that no US stimulus would be coming before the election next month. The...

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Volatility Dies as Investors Still Hope for Stimulus

Stocks tread water Hopes of stimulus remain Nikkei -0.12% Dax -0.15% UST 10Y 0.76 Oil $40 Gold $1913/oz BTCUSD $10888/oz. Asia and the EU North America Open CAD Employment 8:30 It’s been a very quiet night of trade in Asian and early European sessions with equity futures mildly up but essentially treading water as investors continued to hope for some sort of a stimulus deal before the election. After pulling out of negotiations earlier this week President Trump reversed course and...

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In Markets – A Note of Caution Ahead of Debate

Equities give up gains in Europe Cable pushes towards 1.2900 Nikkei1.32% Dax 0.67% UST 10Y 0.65 Oil $40 Gold $1881/oz BTCUSD $10754/oz. Asia and the EU GBP Mortgage Approvals 84.7K vs. 71K North America Open No Data Markets were cautious today with equities giving up much of their Asia session gains in morning European dealing in listless, quiet trade as participants steeled themselves for the first Presidential debate at 0100 GMT. Overall the tone in the market remains positive as...

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Stocks Stabilize; Cable Hits a 2 Month Low

Nasdaq rises 0.50% BOE Bailey will remain accommodative Nikkei 0.18% Dax 0.97% UST 10Y 0.672 Oil $40 Gold $1904/oz BTCUSD $10485 Asia and the EU No Data North America Open USD Existing Home Sales 8:30 Risk appetite returned to stocks tonight especially the Nasdaq index which was up more than 0.60% in early London trade while currencies were quieter with cable sliding to fresh two month lows. There was little fresh newsflow to drive equity trade and the move appears to be a continuation...

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Markets Tread Water USDJPY Defies Flows

Very slight risk on in equities FX flat Nikkei 0.18% Dax 0.18% UST 10Y 0.68 Oil $31 Gold $1955/oz BTCUSD $11007 Asia and the EU GBP UK Retail Sales 0.6% North America Open CAD Retail sales 8:30 It’s been a very quiet night of trade in the capital markets with equities slightly higher while FX was essentially flat. Although there has been a mild risk on bid in Asian and early European trade today bullish sentiment has clearly cooled this week with Nasdaq feeling the most pain as...

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Stocks Resume Slide, Will ECB Stay Dovish?

Stocks turn negative in EU ECB on tap Nikkei -0.88 Dax 0.08% UST 10Y 0.69 Oil $37 Gold $1946/oz BTCUSD $10263 Asia and the EU No data North America Open EUR ECB 8:30 USD Weekly Jobless 8:30 Markets were choppy in Asian and early European trade with equities first selling off then rallying to come back to even as traders squared up ahead of the ECB meeting later today and the latest unemployment claims data from the US. Equities seesawed most of the night but found some buying into the...

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Stock Rebound; Cable Sinks as Markets Try to Stabilize

Stocks fins a bottom for now Cable pressured on Brexit fears Nikkei -1.04 Dax 1.01% UST 10Y 0.68 Oil $37 Gold $1927/oz BTCUSD $10210 Asia and the EU No data North America Open CAD BOC 10:00 Equity markets stabilized and finally caught a bid after a few days of heavy selling with Nasdaq up 2% in early European trade while in FX cable continued to be pressured lower on fears that the UK was abdicating international agreement as a result of its Brexit policy. Stocks actually sold off at the...

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The Important NFP of the Year

Stocks bounce back in Europe FX steady Nikkei -.1.1% Dax 0.19% UST 10Y 0.66 Oil $41 Gold $1938/oz BTCUSD $10415 Asia and the EU AU Retail Sales 3.2% vs. 3.3% EUR GE Factory Orders 2.8% vs. 5.1% North America Open USD NFP 8:30 CAD Employment 8;30 After falling further in Asia stock index futures stabilized in early European trade and rose by 50 basis points ahead of the important US Non-Farm payroll later today. Yesterday’s massive selloff was the first corrective move in the markets in...

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Can Jobs Data Maintain the Market Rally?

EU PMI data inline The market looks to jobless claims Nikkei 0.94% Dax 1.53% UST 10Y 0.66 Oil $41 Gold $1936/oz BTCUSD $11406/oz Asia and the EU EZ PMI UK Services PMI North America Open USD Weekly Jobless Claims 8:30 Markets were treading water in Asia and early European trade with stock index futures flat to negative as investors digested the massive recent gains that pushed indices to record highs. There was little fresh econ data to move prices as the EU Final PMI came in...

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