|Day's range||5,601.65 - 5,634.79|
|52-week range||4,555.99 - 5,672.77|
Uncertainty over how the U.S will respond to the strike on Saudi oil fields will test the majors early. There’s also Brexit to factor in…
Geopolitical risk returns as the markets respond to the attacks on Saudi oil fields. With economic data on the lighter side, Brexit will also be in focus.
It’s a big week ahead for the markets. The FED, the BoE and Brexit are in focus, with stats and chatter on trade also needing some attention.
British politics, the ECB, and the U.S – China trade war stole the show in the week. While risks remain, there was a material shift in geopolitical risk.
It was yet another day of gains for the majors as they approach record levels. As market risks abate it may well be a return to the stats for direction.
It’s a big day for the majors. While economic data is on the heavier side, it’s all down to the ECB monetary policy decision. It’s sink or swim time…
With no material economic data due out of the Eurozone, sentiment towards monetary policy and Brexit will continue to test the majors on the day.
While China trade data from the weekend was a negative, PBoC support and expectations of support from the ECB and FED placated the majors early…
A material shift in the geopolitical landscape provided much-needed support. Positive news from HK, Italy, the UK and China, and the U.S was key.
The futures markets are pointing to another day in the green. Economic data will need to impress, however, for the momentum to continue.
European shares rose to fresh one-month highs and safe-haven assets like gold and the yen fell on Thursday after U.S.-China talks were flagged for October, raising hopes their trade war will de-escalate before it further damages the world economy. France's CAC 40 index jumped 0.9% to hit a more than one-month high, outperforming major European bourses, aided by a 6.3% rise in shares of engine maker Safran after the company upped its full-year profit forecasts. The Chinese yuan jumped versus the dollar in offshore trade, while safe-haven assets such as gold, the Swiss franc, and the yen fell.
Trade talks and a rate cut by the Federal Reserve is a bullish formula for stocks. Let’s hope President Trump lays off the Twitter Send Button.
Investing.com -- Europe's stock markets gained in early trading and U.S. stock futures were higher after the U.S. and China announced they would resume trade talks in early October, raising hopes for a resolution to the protracted trade war between the world's two largest economies.
Investing.com -- Europe's stock markets surged in early trading and Hong Kong's rose by the most since 2011 after a report claiming that the head of Hong Kong's legislative assembly would formally withdraw a controversial bill which sparked three months of protests.
Economic data out of the Eurozone, coupled with any chatter from Beijing and Washington and from the UK Parliament will influence on the day.
It’s a hectic day ahead. Both Italy and the UK could announce snap elections and there are renewed concerns over the U.S – China trade talks to consider.
With China’s manufacturing sector returning to expansion, it’s down to the Eurozone PMIs and Italian politics to support the majors later today.
It’s a big week for the global financial markets. Geopolitics, monetary policy, and a busy economic calendar will have plenty of influence…
Improved sentiment towards trade, negative sentiment towards Brexit and yield curve inversions led to a rebound in the Dollar.
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
It’s another busy day on the economic calendar. While the stats will influence, Trump’s tweets will need to be market-friendly for the majors to see green.