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08.12.2022 06:58 © CMC Markets (UK) | 2022
Recession worries tip US 10-year yields to 3-month lows
European markets fell for the third day in succession yesterday weighed down by concerns over weak economic data, and a stickier inflation outlook, while US markets also continued their own run of losses with the S&P500 closing lower for the 5th day in succession.There appears to be little in th...
© CMC Markets (UK) | 2022
07.12.2022 06:50 © CMC Markets (UK) | 2022
China trade plunges in November, Bank of Canada decision up next
Having seen another lacklustre and negative session for European and US markets yesterday there appears very little interest to drive markets higher in the short term, as we look ahead to next week’s central bank meetings from the Federal Reserve, as well as the European Central Bank and Bank of E...
© CMC Markets (UK) | 2022
06.12.2022 08:07 © CMC Markets (UK) | 2022
Rebound in yields set to weigh on European open
In what appears to have been a bit of a delayed reaction to Friday’s payrolls report, stock markets slipped back, while the US dollar and yields jumped higher, helped on their way by a strong ISM services report for November. Friday’s stronger than expected wages numbers have thrown an...
© CMC Markets (UK) | 2022
05.12.2022 16:58 © CMC Markets (UK) | 2022
DAX tut sich weiter schwer - Anleger honorieren gute Wirtschaftsdaten wieder
Der Deutsche Aktienindex tut sich weiterhin schwer damit, über die in den beiden Vorwochen erreichten Hochs bei 14.580 Punkten zu klettern. Der Deckel scheint zunächst einmal drauf. Auf der anderen Seite überzeugt der Markt mit einer hohen Widerstandsfähigkeit sowohl gegenüber einsetzenden Gewi...
© CMC Markets (UK) | 2022
02.12.2022 06:38 © CMC Markets (UK) | 2022
Markets slip back ahead of November payrolls
European markets got off to a modestly positive start to the month, hitting 6-month highs before slipping back into the close, with the FTSE100 lagging after failing to push through the 7,600 level.US markets underwent a little bit of a mixed session with the Nasdaq edging higher, while the S&P5...
© CMC Markets (UK) | 2022
01.12.2022 06:50 © CMC Markets (UK) | 2022
Europe set to open higher after Powell signals a rate hike slowdown
November was another strong month for European stock markets, with the DAX closing 8.6% higher, while the FTSE100 made gains of 6.74%. At the same time, the march higher in the US dollar has come to a shuddering halt, with the greenback posting its biggest monthly decline since 2010.The last two mon...
© CMC Markets (UK) | 2022
29.11.2022 07:40 © CMC Markets (UK) | 2022
Germany inflation in focus as ECB sounds more hawkish
European markets started the week on the back foot yesterday as sporadic unrest across China sparks a selloff in global equities. The weakness spread across to the US, where we saw similar weakness on reports that Apple’s iPhone sales could be impacted to the tune of 6m handsets from the current d...
© CMC Markets (UK) | 2022
28.11.2022 07:45 © CMC Markets (UK) | 2022
China unrest to prompt a weaker European open
Last week saw an 8th successive weekly gain for the DAX, and fresh 5-month highs, with the German index closing in on the peaks seen back in June. The FTSE100 also finished strongly, closing just shy of the 7,500 level.While equity markets continued to hold up well, we’ve seen bond yields continue...
© CMC Markets (UK) | 2022
24.11.2022 07:48 © CMC Markets (UK) | 2022
Fed minutes point to smaller hikes going forward, German IFO in focus
When the Fed met back at the beginning of the month and raised rates by 75bps, a move which was in line with expectations, the statement leant into a narrative that the central bank was aware that lags in monetary policy might require a slower pace of hikes going forward. This wasn’t too...
© CMC Markets (UK) | 2022
23.11.2022 07:16 © CMC Markets (UK) | 2022
Fed minutes and flash PMIs in focus
A rebound in oil prices, and a weaker US dollar helped markets in Europe reverse their Monday losses and close at three-month highs in an otherwise lacklustre session.US markets followed that pattern helped by some better-than-expected earnings numbers, and an expectation that any future Fed rate ri...
© CMC Markets (UK) | 2022
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