In order to assess whether it is a good time to increase exposure to riskier assets such as equities, institutional traders often use correlation tools and inter-market analysis.
Depending on the macro environment (uncertainties, market drivers, monetary narratives), traders periodically assess their exposure between offensive and defensive values (Risk-on vs...
Today we face data from the Japanese market Foreign Bond Investments, also the Bond auction, in the European morning the UK mortgages will publish their rates also the 30-year Bond auctions will take place, and also 3 and 6 months European Bills will be auctioned. In the afternoon in the US market, the May MBA Purchasing Managers' Index will be published, as well...
- The market has been registering higher highs and lows since mid-February ; The mid-term trend is bullish
- Over the past couple of weeks, and with the establishment of a new all-time high, prices have naturally consolidated inside a bearish wedge.
This consolidation led the market back below the $2,300 zone where buyers seemed to be powerful and numerous enough...
- The Market registers higher highs and lows since October 2022 ; The long-term trend is therefore bullish.
- Since 2024, and thanks to the AI frenzy, the market has accelerated from $480 to a new all-time high just below the $1000 zone.
That sharp bullish impulsion that doubled the company's valuation and drove prices to uncharted territory has led investors to...
The week has started with the British index closed for the Bank Holiday at the beginning of May. Europe faces Spanish unemployment rates and PMI data from several countries including the Eurozone. These are expected to be slightly positive and the market has started off higher all morning on all European indices with slightly more positive forecasts than in their...
The European trading day has started in a session of mixed sentiment on Friday. Investors are still digesting Apple's US corporate results and awaiting reports on unemployment ratios in Europe, with Spain and Italy being the highlights. In the afternoon, U.S. unemployment rates, non-farm payrolls and manufacturing production data (PMI) are expected to be released....
- The market has been trading below a bearish trendline in the first part of April, correcting the rally started at the beginning of 2024. The short-term trend was then bearish.
- More recently, and since the impact over 17,480pts (50% Fibonacci), the German index has invalidated its short-term bearish trend.
The market has registered a sharp rebound leading...
This day we face news on retail sales and inflation rates in the land of milka chocolate and kinder eggs. Manufacturing, unemployment rate and production index data in some euro zone countries will also be important. In the afternoon, the US Dollar cross will be affected by the release of the US unemployment rate against the Swiss Franc. The Euro currency is...
- The market still trades above a bullish trend line since mid-February 2024, strongly helped by a decreasing Pound Sterling. The mid-term trend is bullish for UK equities.
- Since the 3rd impact on its bullish trendline at the end of last week, the market has rallied to an hall-time high above 8,000pts.
Since the impact on the 8,200pts mark, we can notice a...
Today, the Brent crude oil price has experienced a turbulent opening upwards, turning around from $86.72 to reach its current price at $87.54. The truth is that the triple bounce in the middle zone of the channel represents that the oil price has come to stay at least in this price area, after the high correction it has suffered since Friday April 12 and 19 where...
- The market trades above a bullish trendline since the 19th of April ; The short-term trend is bullish
- Since the bullish acceleration that lead the market to a 5-months high, prices have registered a sharp pull-back.
This bearish correction took the market back to the double support zone : trendline + 50% Fibonacci level.
The Ichimoku indicator still displays...
This morning we find important business confidence and consumer sentiment, inflation and CPI data from several euro zone countries, in particular the German consumer price release and the ECB's DeGuindos statement are considered relevant. Currently inflation data marked by the ECB this year has been marking a decline from 2.8% in January to 2.4% in March, so if...
Today, as a good Friday of results, the US market started upwards with the expectations of the 7 majors providing bullish joy in its premarket, despite the fact that important companies such as Intel or Hertz are not giving good data in their quarterly report.
Mostly technology and services stocks have had mixed results, but the Oil & Gas sector has been...
- AUDCHF has been trading within a bullish channel between February and April ; the mid-term trend was then bearish.
- Since mid-April, prices have registered a significant pull-back to a new low, far below the lower bound of the bullish channel.
The mid-term trend is now no longer valid.
However, a sharp rebound occurred above the 50% Fibonacci level, bringing...
- The market has been trading inside a bullish channel since the beginning of 2023 ; the long-term trend is then bullish
- Since the establishment of a new all-time high over 18,430pts, the market has registered a pull-back.
Investors, pushed by fading hopes rate cuts in the US as well as rising geopolitical tensions in the middle-east, decided to temporarily...
The bullish sentiment from Tesla's earnings release inflated global market sentiment in Europe and dragged the DAX and other indices higher today. Mostly the German index started the session higher by 0.2%, FTSE 100 by 0.3%, and the French CAC by 0.1%. . In addition to Tesla, Meta, Microsoft and Alphabet are releasing results today. Elsewhere in Europe, Orange in...
Europe's stock markets have extended initial gains at the start of the session and have recovered around 1% from the previous day. The British FTSE100 is back to its historical highs, while the EURoStoxx 50 is once again pushing towards 5,000 points, with SAP being the company that has published the best results report, climbing close to +4%. The Dutch company...
On Friday the US indices closed mixed with the Dow Jones up +0.56%, and Nasdaq and S&P500 up -2.05% and -0.88% respectively. This is a result of their lower exposure to BigTech, the dangers of inflation on the dollar and US consumer price data their favorite inflation indicator. This week we have as key data releases from the Tech sector that will emerge this week...
