Daily Market Bite 22nd October 2014 – Markets Extend Yesterday’s Gains

European markets have opened mostly in the green today, extending previous session gains, as expectations of fresh stimulus measures from the European Central Bank to revive the region’s economy along with upbeat earnings updates and economic data from the US lifted investor sentiment. Closer home, traders will closely track the minutes of the Bank of […]

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Daily Market Bite 21/10/14: Markets Lower Despite Better-than-expected Chinese GDP Data

European markets have opened in negative territory today, extending previous session losses. Traders shrugged off better-than-expected Chinese economic growth data and upbeat quarterly results from Apple. Closer home, market participants will keep a tab on UK public sector net borrowing data due later today. Additionally, a report on US existing home sales will attract market […]

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Daily Market Bite 20/10/14:Markets Shrug Off Positive Asian Cues

European markets have opened in the red today, reversing some of Friday’s sharp gains and shrugging off positive leads from Asian markets. Closer home, data from Rightmove indicated that house prices in the UK rose in October. With no major domestic economic releases later today, market participants will track Eurozone current account and Italy’s industrial […]

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The Week Ahead 20th October 2014

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Daily Market Bite 17/10/14: Markets Mostly Higher; US Economic Data In Focus

European markets have opened mostly higher today. However, gains remained capped, amid lingering concerns over the global economic outlook. Amid a lack of domestic economic releases today, traders will track speeches from top central banks officials for further guidance. Additionally, US housing sector and consumer sentiment data will keep traders on their toes. Related Posts:Market […]

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Daily Market Bite 16/10/14: Markets Rebound; Eurozone Inflation Data In Focus

European markets have opened in the green today, reversing some of the previous session’s sharp losses triggered by escalating concerns over the global economy. Additionally, traders cheered earnings updates from bellwethers, Roche and Nestle, released earlier today. Amid a lack of domestic economic releases today, traders await Eurozone consumer price inflation data for further guidance. […]

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Daily Market Bite 15/10/14: Markets Lower On Soft Chinese Inflation Data

European markets have opened mostly in the red, as today’s weaker-than-expected Chinese annual inflation data along with yesterday’s dismal economic data out of Europe intensified concerns over the health of the global economy. Closer home, traders await the UK jobs report which is widely expected to show an improvement in the nation’s labour market. Additionally, […]

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Daily Market Bite 14t/10/14: European Markets Track Wall Street Losses

European markets have opened in negative territory today, mirroring sharp overnight losses on Wall Street, amid escalating concerns over the strength of the global economy. Closer home, data from the BRC indicated that UK retail sales dropped unexpectedly in September. Later today, UK consumer price inflation data will attract market attention. Moreover, traders will keenly […]

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Daily Market Bite 13/10/14: Markets Extend Losses Amid Global Growth Concerns

European markets have opened in the red today, as concerns about global economic growth outlook continued to weigh on investor sentiment. Closer home, Lloyds employment confidence and BRC retail sales monitor data will be tracked for further guidance. Additionally, speeches by European Central Bank and Federal Reserve officials will garner traders’ attention. Related Posts:Video market […]

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Daily Market Bite 10/10/14: Markets Lower Amid Global Growth Concerns

European markets have opened lower today, tracking sharp overnight losses on Wall Street, amid intensifying concerns about global economic growth outlook. Closer home, market participants keenly await UK trade balance, construction output and the Conference Board’s leading economic index data. Additionally, speeches by top Bank of England officials and updates from the International Monetary Fund […]

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Daily Market Bite 09/10/14: Markets Rebound On Fed Policy Minutes

European markets have opened higher today, as traders cheered the minutes of the latest US Federal Reserve policy meeting which reinforced policymakers’ stance of keeping interest rates near zero for a “considerable time”. Closer home, the Bank of England’s decision on interest rates and asset purchase facility will be keenly eyed for further guidance. Additionally, […]

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Daily Market Bite 08/10/14:Markets Extend Sell-off

European markets have opened lower today, extending the previous session’s sharp losses triggered by disappointing German industrial production data and a cut to the International Monetary Fund’s global economic growth outlook. Closer home, data from Halifax indicated that UK house prices rose in September while the BRC reported that shop prices in the UK dropped […]

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Daily Market 07/10/14: Markets Track Losses On Wall Street

European markets have opened mostly in the red today, mirroring overnight losses on Wall Street and following disappointing German industrial production data. Closer home, traders will keep a tab on UK industrial production data along with NIESR GDP estimate for further direction. Additionally, investors will track speeches from few US Federal Reserve officials ahead of […]

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Daily Market 06/10/14: Markets Extend Friday’s Gains

European markets have opened in the green today, extending their Friday session gains. Closer home, traders will keep a tab on UK new car registrations data due later today. With data released earlier today indicating Germany’s factory orders declined more than expected on a seasonally adjusted monthly basis in August, market participants now look forward […]

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ETX Daily Market Bite 3rd October 2014: Markets React to Draghi’s Comments, Non-Farm Payrolls Today

European markets have opened in positive territory today, amid some bargain hunting after sharp losses in the previous session. Closer home, market participants will keep a tab on Markit services PMI and official reserves data for further guidance. Additionally, key employment data from the US along with Eurozone retail sales and Markit services PMI figures […]

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Daily Market Bite 02/10/14: Markets Extend Yesterday’s Losses; ECB Decision Eyed

European markets have opened in negative territory today, extending the previous session’s losses and amid anxiety ahead of the European Central Bank’s monetary policy decision later today. Closer home, traders await Markit construction PMI data and a report from the Bank of England Financial Policy Committee for further direction. Additionally, Eurozone producer prices along with […]

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Daily Market Bite 01/10/14: European Markets Track Overnight Losses On Wall Street

European markets have opened mostly in the red today, tracking overnight losses on Wall Street and amid concerns over pro-democracy protests in Hong Kong. Closer home, UK Markit manufacturing PMI data will attract market attention. Moreover, traders closely track Markit manufacturing PMI data across Europe along with US ISM manufacturing PMI and ADP employment change […]

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Daily Market Bite 30/09/14: Markets Higher Ahead Of Key Economic Data

European markets have opened higher today, supported by encouraging German retail sales data released earlier today. However, ongoing pro-democracy protests in Hong Kong and dismal Chinese manufacturing data are likely to keep a tight lid on gains. Closer home, Nationwide reported that house prices in the UK dropped unexpectedly on a monthly basis in September. […]

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Daily Market Bite 29/09/14: European Markets Track Friday’s Gains On Wall Street

European markets have opened mostly higher today, as traders cheered a rebound in the US equity market on Friday. Closer home, market participants await the GfK consumer confidence, mortgage approvals, consumer credit and M4 money supply data. Additionally, a batch of Eurozone sentiment indicators and a report on German consumer prices will be tracked for […]

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The Week Ahead 29th September 2014

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Daily Market Bite 26/09/14: European Markets Open In the Red

European markets have opened lower, mirroring a broad sell-off in US and Asian equity markets. Amid a lack of domestic economic releases, traders will look forward to the revised US second-quarter Gross Domestic Product data and Reuters/Michigan consumer sentiment figures for further guidance. Related Posts:Market Comment – Stocks slide, dollar soars as rate cut bets… […]

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Daily Market Bite 25/09/14: Markets Higher As Draghi Pledges Unconventional Stimulus

European markets have opened higher today, as traders cheered the European Central Bank president, Mario Draghi’s comments published in a media report today that the ECB stands ready to introduce additional unconventional stimulus measures, if needed, to spur inflation.” Closer home, traders keenly await a speech by the Bank of England governor, Mark Carney, along […]

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Daily Market Bite 24/09/14: Markets Mostly Flat; German Ifo Data in Spotlight

European markets have opened mostly unchanged today, amid concerns over Eurozone’s economic outlook and tensions over the US-led airstrikes in Syria. Amid a lack of major domestic economic releases today, traders will eye German Ifo sentiment and US new home sales data for further guidance. Related Posts:Video market update for April 05, 2024 April 7, […]

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Daily Market Bite 23/09/14: Markets Lower; Markit PMI Data In Focus

European markets have opened in the red today, failing to garner momentum from upbeat Chinese manufacturing Purchasing Managers’ Index (PMI) data released earlier today. Closer home, market participants await data on public sector net borrowing and BBA mortgage approvals. Additionally, Eurozone Markit manufacturing and services PMI data along with US housing prices, Markit manufacturing PMI […]

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Daily Market Bite 22/09/14: Markets Track Losses In Asia; Mario Draghi’s Speech In Focus

European markets have opened in negative territory today, mirroring losses in Asian markets and as finance ministers from the G-20 nations highlighted concerns over the Eurozone economy. Amid a lack of domestic economic releases today, traders will keep a tab on Eurozone consumer confidence and US existing home sales data for further guidance. Additionally, a […]

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The Week Ahead: September 22nd 26th

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Daily Market Bite 19th September 2014: Scotland Votes No,

European markets have opened in positive territory today, as traders cheered Scotland’s decision to remain a part of the UK. The results of the Scottish independence referendum showed that 55% of the participants voted in favour for Scotland to remain in the UK. With no major domestic economic releases today, traders will eye Eurozone current […]

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Daily Market Bite 18/09/14: Fed Comments Lift Sentiment; Scottish Referendum in Focus

European markets have opened in the green, as market sentiment was lifted after the Federal Reserve Bank chief, Janet Yellen, reiterated her pledge to keep interest rates low for a “considerable time”. Closer home, retail sales data will be keenly eyed which is expected to show a faster pace of growth in August. The Scottish […]

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Daily Market Bite 17/09/14: Markets Higher On China Optimism; Fed Decision In Spotlight

European markets have opened in the green today, amid optimism over potential easing in China. Most of market attention today will be on the outcome of the US Federal Reserve’s monetary policy meeting for cues on the future policy stance. Closer home, the ILO unemployment rate and claimant count data will be closely eyed to […]

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