August 23, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened mostly lower today, despite yesterday’s data from China to Europe which signalled that the global economy was on a recovery path. Investors eyed the second-quarter GDP from the UK, consumer confidence from the Eurozone and new home sales in the […]
August 22nd, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist ETX Capital’s RSS site: http://my.etxcapital.co.uk Related Posts:Video market update for April 08, 2024 April 8, 2024 Potential for the breakout on the USD/JPY…. The material has…Market Comment – Stocks climb after sizzling US jobs report April 8, 2024 Nonfarm payrolls smash forecasts, reaffirming labor […]
August 21st, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Taper blues continue to curb enthusiasm to build risk across equity, commodity and forex markets Wednesday. US Treasury 10-year note still elevated at 2.82% but off two-year highs seen this week. FOMC meeting minutes to steal the show later with many in the market […]
August 20th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Big flight out of emerging markets continued overnight as investors appear convinced the Federal Reserve will initiate tapering at next month’s policy meeting. Asian markets have benefited hugely on easy Fed cash over the years but with a reduction in liquidity due to tapering […]
August 19th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European equities decline [FTSE100 off 24 points/EuroStoxx50 off 18 points] but gold nudges higher by 3 bucks and the US dollar is performing better than most currency rivals. Core government bonds are under pressure, triggering spikes for US, UK and German bond yields. A […]
August 16th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Taper fear selloff to ensue Friday — US stocks and bonds dropped Thursday on expectations the Federal Reserve will start the first round of unwinding asset purchases next month. Better jobless claims out of the US fuelled the taper expectations. S&P500 registered biggest one […]
August 15th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets opened slightly lower this morning, as investors observed caution amid persistent concerns over Fed’s timing of reducing its stimulus measures, even as data from Eurozone showed upbeat economic growth. Closer home, investors await data from UK which is expected to show that […]
August 14th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist German and French growth figures ahead of the European market enthuse investors Wednesday morning. Q2 GDP figures out of Germany were much stronger than anticipated by the market, in at 0.7% on the quarter versus expectations of 0.6%. France’s Q2 GDP figure comes in […]
August 13th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, as investors looked ahead to a slew of major economic data releasing today from the US and Eurozone to determine the health of the global economy. Closer home, investors await region’s inflation data, which is expected to […]
August 12th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Stocks posting slim gains here in Europe. A mixed session in Asia with Japan’s Nikkei dropping but Chinese stocks advancing give investors little firm direction in Europe. Japan’s GDP fell short of expectations for the 2Q, in at 2.6% on an annualised basis versus […]
August 9th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, as upbeat Chinese economic data reassured investors that China’s economic recovery is underway. However, gains were kept in check after the ECB lowered its Eurozone GDP forecast in its monthly bulletin. Closer home, investors await the release […]
August 7th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Find us on social media to be kept up to date with the latest ETX Capital news: Facebook: https://www.facebook.com/#!/ETXCapita… Twitter: https://twitter.com/#!/etxcapital LinkedIn: http://www.linkedin.com/company/44542… ETX Capital’s RSS site: http://my.etxcapital.co.uk Related Posts:Behind the scenes of Wall Street’s rise: the impact of… April 8, 2024 At the […]
August 6th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened mostly lower this morning, tracking losses on Wall Street and Asian markets, as remarks by Dallas Fed President Richard Fisher sparked concerns over an early scaling back of existing Fed stimulus measures. Closer home, the BRC reported that same store […]
August 2nd, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, as yesterday’s upbeat data on US jobless claims and manufacturing sector activity boosted optimism about an improvement in US economic activity. However, gains were kept in check, as investors eyed US non-farm payrolls and factory orders data, […]
August 1st, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Comfort over the Federal Reserve’s dovish attitude on US monetary policy staying accommodative together with a surprise uptick in Chinese PMIs have buoyed risk assets in Europe. With the Bank of England and European Central Bank likely to announce uneventful policy decisions [no change […]
July 31st, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened mostly lower this morning, as investors awaited the monetary policy statement from US Federal Reserve, to get further clarification on the central bank’s stance on its stimulus measures. Meanwhile, tomorrow’s policy meetings of the ECB and BoE will also be […]
July 30th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, tracking gains in Asian markets and as investors shifted their focus to earnings updates and a two-day Fed policy meeting that starts later in the day. Meanwhile, the IMF approved a loan tranche worth €1.72 billion for […]
July 24th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened slightly higher this morning, following some upbeat US corporate earnings results and as investors bet that today’s release of Eurozone manufacturing and services PMI would reveal an improvement. However, a contraction in China’s manufacturing PMI kept gains in check. Closer […]
July 23rd, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, as disappointing US home sales data buoyed hopes of continued monetary stimulus from the US Federal Reserve in the near future. Meanwhile, investors would keep a close eye on corporate earnings to get hints about the market’s […]
July 22nd, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist A sharp rally in gold prices overnight with the yellow metal hitting a high of $1.319.70, provides European share markets, particularly precious metal stocks, with a degree of support early Monday. Asian shares were mostly mixed with Japanese stocks losing a bit of momentum […]
July 18th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Visit http://www.etxcapital.co.uk/ Find us on social media to be kept up to date with the latest ETX Capital news: Facebook: https://www.facebook.com/#!/ETXCapita… Twitter: https://twitter.com/#!/etxcapital LinkedIn: http://www.linkedin.com/company/44542… ETX Capital’s RSS site: http://my.etxcapital.co.uk Related Posts:Video market update for April 08, 2024 April 8, 2024 Potential for the […]
July 17th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Fed chairman Bernanke’s testimony to US Congress turning out to be the key-risk event over the next two session, prompting both the bulls and bears to avoid building too much risk exposure. Stocks on Wall Street fell on Tuesday and Asian markets were mixed […]
July 16th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist A subdued but mildly positive start for European share markets this morning as investors gear up for a torrent of economic data together with testimony to US Congress by Federal Reserve chief Ben Bernanke on Wednesday and Thursday. Risk sentiment remains broadly supportive with […]
July 15th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist A sigh of relief for investors in Europe this morning as Chinese GDP comes in at 7.5% for the second quarter of 2013, in line with expectations. That being said, the figure does confirm that the country is facing a considerable slowdown with this […]
July 12th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Stocks edge up in Europe, posting mild gains but upside momentum curbed by China’s finmin slapping the market by implying that growth in the world’s second largest economy will come in around 7% rather than 7.5% forecasted back in March by the Chinese. These […]
July 11th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Ben Bernanke, chairman of the Federal Reserve, sparked a sharp rally across stocks and bonds late Wednesday in the US after saying that monetary policy will remain highly accommodative for the foreseeable future. Asian markets responded in a relief rally overnight which saw the […]
July 10th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Stock markets are pausing for breath this morning following bumper gains since the start of the week. That said, equities remain broadly supported thanks to the improved sentiment in global markets which sees investors being able to shake off bad news such as S&P’s […]
July 8th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Stocks in Europe jumped higher at the start of Monday’s session, propelled by Wall Street’s late advance on Friday as investors digested the solid US monthly jobs report. Reaction to the report was dramatic; stocks on both sides of the Atlantic rose after the […]
July 5th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened mixed this morning, following the previous session’s rally, as investors looked ahead to the release of US nonfarm payrolls data, which might throw further clarity on prospects of the US Fed scaling back its monetary policy measures. Meanwhile, the IMF […]
July 4th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Tentative gains for European markets Thursday with investors gearing up for policy meetings by the Bank of England and the European Central Bank together with debt auctions by Spain and France. Political instability in Portugal and the fluid situation in Egypt after Morsi was […]
